Bloom Credit Inc.

09/28/2026 | Press release | Distributed by Public on 09/29/2026 13:33

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Bloom Credit is a finalist in The Money Awards 2026 from Money20/20.

We were named in the Banking / Infrastructure category. This is our second consecutive year as a finalist in this category.

Winners will be announced Sunday, October 18, 2026, during Sunday Night Live at Money20/20 USA in Las Vegas.

What Are The Money Awards?

The Money Awards are Money20/20's annual fintech awards program.

  • A jury selects finalists across categories.
  • The program recognizes products, companies, and ideas that set standards in fintech.
  • Winners are revealed live on the main stage at Money20/20 USA, held October 18 to 21 at The Venetian.

See the full list of finalists here.

Why Banking Infrastructure Matters for Credit Access

Millions of Americans sit outside the traditional credit system.

The CFPB estimates about 7 million Americans are credit invisible. About 25 million more are unscored.

Many of these consumers pay rent, utilities, and Telecom bills on time every month. Those payments rarely reach their credit files.

Banks and credit unions want to serve these consumers. They need the right data infrastructure to do it.

How Bloom Credit Supports Banks and Credit Unions

Bloom Credit gives financial institutions three core capabilities:

  • API platform. Access validated financial data and reporting in real time.
  • Bloom+. Account holders choose to share their rent, utility, and Telecom payment history through consumer-permissioned data.
  • Furnishment. Bloom Credit reports positive payment history to TransUnion and Equifax.

The result: institutions see a fuller picture of each consumer. Consumers get credit for bills they already pay.

Results Financial Institutions See With Bloom+

Here is what Bloom+ delivers for enrolled account holders and the institutions that serve them:

  • 657 average initial credit score
  • 16 to 23 point credit score increase, beginning within 72 hours of enrollment
  • 61% of enrolled account holders get a new loan within 90 days
  • 31% increase in bill payment activity
  • 13% deposit balance growth
  • 98%+ one-year retention

What would a 13% lift in deposit balances mean for your institution?

Recent Recognition

The Money Awards finalist spot joins a growing list of honors:

Our CEO, Christian Widhalm, is also a 2026 CU Times Luminaries Awards finalist in the Executive Leadership Individual, Technology Vendor category.

Frequently Asked Questions

When will The Money Awards 2026 winners be announced?
 Winners will be announced Sunday, October 18, 2026, during Sunday Night Live at Money20/20 USA in Las Vegas.

What is consumer-permissioned data?
 Consumer-permissioned data is financial data a consumer chooses to share. Examples include rent, utility, and Telecom payment history. Lenders can use it to see payment behavior that traditional credit files miss.

Which credit bureaus does Bloom Credit report to?
 Bloom Credit reports to TransUnion and Equifax.

What does Bloom Credit do?
 Bloom Credit is a financial data infrastructure company. Its API platform and Bloom+ help banks and credit unions reach thin-file and no-file consumers.

Talk to Our Team

Want to see how Bloom+ could work for your account holders? Schedule a Demo today.

Bloom Credit Inc. published this content on September 28, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 29, 2026 at 19:33 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]