Bloom Finance Company Ltd.

About

Bloom Finance Company Ltd. is a Canadian fintech company based in Toronto, founded in 2019. It specializes in reverse mortgage and home equity release solutions for homeowners aged 55 and older. Bloom aims to empower this demographic by providing easier access to their home equity, addressing the challenges of retirement savings amid rising living costs. The company is led by CEO Ben McCabe and operates with a small, agile team focused on transparency and integrity in financial services. Bloom offers several innovative products designed for retirement financial flexibility. The Bloom Reverse Mortgage™ allows homeowners to access up to 55% of their home value as tax-free cash without monthly payments. The Bloom Home Equity Prepaid Mastercard® provides micro-access to home equity for everyday needs. Additionally, a Lifetime Fixed-Rate Mortgage is planned for the future, offering flexible equity release options. Bloom is committed to providing dedicated support and transparent terms to help customers achieve financial freedom in their retirement.