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Today, it has raised a $15 million extension from existing investors — RMBV, IFC, Flourish Ventures, Crystal Stream Capital, Rise Capital, Endeavour Catalyst, Beco Capital and 4DX Ventures — bringing its total Series A fundraise to $55 million. And we figured out that they’re already a perfect fit for that.”
It also provides local and dollar cards and a feature where they can receive remittance free of charge from several countries globally, mainly where most of the Sudanese diaspora reside. Bloom makes revenue from interest on these deposits, the interchange and other ancillary streams. Image Credits: Bloom.
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