Blossom Finance
Blossom Finance is a US-incorporated Islamic fintech that operates a self-serve digital investment platform deploying global Muslim retail capital into Indonesian micro-businesses via Shariah-compliant profit-sharing (musharakah) instruments, using its SmartSukuk™ blockchain platform and a BMT cooperative partner network.
- Company typePrivate
- Founded2014
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Blossom Finance does
Blossom Finance (operating entity: Blossom Labs, Inc., a Delaware corporation headquartered in San Mateo, California) is a private fintech that deploys global Muslim investor capital into Indonesian micro-businesses using Shariah-compliant profit-sharing (musharakah) instruments. Founded in October 2014 by Matthew J. Martin at the BoostVC accelerator, the company runs a self-serve digital investment platform (app.blossomfinance.com) that allocates contributions from a global investor base — accepted via bank transfer (PT Bank Syariah Mandiri, Wise) or cryptocurrency converted through the Indodax exchange — across a diversified pool of Indonesian micro-businesses in 30+ sectors, with a $100 minimum investment and tenures of 3–12 months. Pilot cohorts have returned 14.3–15.4% over 12 months even under COVID-19 stress.
The company's signature technology product is SmartSukuk™, a blockchain-based issuance platform for micro-sukuk (Islamic asset-backed certificates) using Ethereum smart contracts, used to fund microfinance via partner BMT cooperatives such as BMT Bina Ummah and PBMT Ventura, with on-the-ground monitoring conducted through the BMT network and Indonesian KSPPS cooperative Koperasi Jasa Gerbang Digital Nasional (Gernas). Blossom has pivoted away from on-chain issuance toward simpler bank-transfer and crypto-to-fiat conversion workflows, citing gas-cost and user-adoption friction.
The business model is a pure profit-sharing take rate: Blossom earns 20% of Gross Profits generated from each investment pool, with no management, account, or maintenance fees, aligning platform revenue to investor outcomes. Three risk tiers target 10%, 12.5%, and 15% gross returns (Conservative, Moderate, Aggressive). Revenue and funding figures are not disclosed publicly; a 2014 BoostVC placement is the only documented capital event, with strategic backers including Tim Draper and Jabbar Internet Ventures. The company has been recognized through 2018–2020 awards from Islamic Finance News, the World Islamic FinTech Awards, the Kuala Lumpur International Finance Festival, and The Asset.
Blossom Finance firmographics
Firmographics- Name
- Blossom Finance
- Legal name
- Blossom Labs, Inc.
- Website
- https://blossomfinance.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Blossom Finance is a US-incorporated Islamic fintech that operates a self-serve digital investment platform deploying global Muslim retail capital into Indonesian micro-businesses via Shariah-compliant profit-sharing (musharakah) instruments, using its SmartSukuk™ blockchain platform and a BMT cooperative partner network.
- Ownership category
- akta.pro rank
Blossom Finance industry classification
Industry- Product category
- Islamic Microfinance Investment
- NAICS
- Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (52394), Other Financial Vehicles (525990)
- SIC
- Asset-Backed Securities (6189), Investment Advice (6282), Finance Services (6199)
- akta.pro primary industry
- Sukuk Origination & Structuring (Bank-led) (FSABAGAL)
- akta.pro secondary industries
- Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam) (FSABAGAH), Islamic SME & Commercial Banking (FSABAGAB), Islamic Private Banking & Wealth (FSABAGAD)
Keywords
Where Blossom Finance is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Blossom Finance business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- Profit Sharing: Blossom earns 20% of Gross Profits generated from investments. No management fees, maintenance fees, or custody fees. This aligns the company's interests with investor returns - they only make money when investors make money.
- Service Fee: Platform services agreement specifies 20% service fee on Gross Profits. Gross Profits defined as excess of aggregate revenue over Realized Costs and Losses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Annual | Conservative tier targeting 10% gross profit with lowest risk allocation |
| Transaction based/ take rate | Annual | Moderate tier targeting 12.5% gross profit with balanced risk |
| Transaction based/ take rate | Annual | Aggressive tier targeting 15% gross profit with higher risk allocation |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Blossom Finance product offering
Product offeringCore offering
Blossom Finance operates a digital investment platform that enables global Muslim investors to deploy capital into Indonesian micro-businesses using Shariah-compliant, profit-sharing (musharakah) instruments. The platform issues blockchain-powered micro-sukuk via its proprietary SmartSukuk™ technology, automatically diversifying investor funds across hundreds of micro-businesses in 32 sectors with minimum investments of $100. Capital flows from individual investors through an Indonesian cooperative partner to on-the-ground micro-businesses, with monthly profit-sharing payments and full Shariah compliance verification.
Product overview
Blossom Finance operates a digital investment platform with the SmartSukuk™ as its core technology product. The platform enables global investors to fund Indonesian micro-businesses through halal, profit-sharing Islamic finance instruments. The main offering combines the SmartSukuk™ blockchain platform with a standard Digital Investment Platform accessible via web app. Additional modules include cryptocurrency investment funding (accepting BTC, ETH, USDT, USDC, DOGE via Indodax conversion) and a free cryptocurrency Zakat payment service. The company is pivoting away from Ethereum smart contract-based SmartSukuk™ toward simpler bank transfer and crypto-to-fiat conversion methods due to high gas costs and user adoption preferences.
Differentiator
Problem solved
Functional benefit
Brands
- SmartSukuk™: Blockchain-powered platform for issuing Islamic financing instruments (sukuk) using Ethereum smart contracts.
Products and services
- SmartSukuk™ Platform Blockchain-based platform for issuing Islamic microfinance sukuk instruments that digitizes sukuk issuance through blockchain technology. Increases transparency of underlying assets and cashflows while reducing costs and intermediaries in sukuk transactions, enabling fractional investment access to halal microfinance for global Muslim investors and partner microfinance institutions.
- Digital Investment Platform Self-serve web application at app.blossomfinance.com enabling global Muslim investors to register, verify identity, configure investments, select Conservative/Moderate/Aggressive tiers with 3-12 month tenures, and fund via bank transfer or cryptocurrency. The platform automatically diversifies capital across hundreds of Indonesian micro-businesses and distributes monthly profit-sharing payments, with a $100 minimum investment.
- Smart Cooperative Platform Platform for Islamic social microfinance digital transformation that enables microfinance institutions (such as BMT cooperatives) to digitize their operations and connect with global investor capital through Shariah-compliant instruments.
- Cryptocurrency Zakat Payment Service Free service enabling Muslims to fulfill their annual Zakat (obligatory charity) obligation on cryptocurrency holdings using Bitcoin, Ethereum, or other supported crypto assets paid directly through the blockchain.
Quantifiable outcome
- 14.3% annual returns to investors during COVID-19 crisis
- +3 more outcomes
Companies that use Blossom Finance
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles2 records
Blossom Finance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Blossom Finance partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- PBMT VenturacorePT Permodalan BMT Ventura is a non-bank financial institution providing financial services for micro and small entrepreneurs via the BMT network. Provides technical assistance, research, innovation, and networking. First public fund partnership.
- BMT Bina UmmahcoreIslamic microfinance cooperative that was the recipient of the world's first blockchain sukuk issued via SmartSukuk™ platform in May 2018.
- Koperasi Jasa Gerbang Digital NasionalcoreIndonesian National Cooperative (KSPPS - Islamic Savings and Loan Cooperative) that is the primary entity issuing investments on the Blossom platform. Registered address in Yogyakarta, Indonesia.
- IndodaxcoreIndonesian cryptocurrency exchange used to convert investor cryptocurrency (BTC, ETH, etc.) to Indonesian Rupiah at spot prices. Handles 40 block confirmations before releasing funds.
- Indonesian Ministry of FinanceminorReleased slide deck formatted research study on Blossom Finance's SmartSukuk™ technology, validating the platform's approach to Islamic microfinance.
Scale indicators7 records
Recent moves9 records
Expansion highlights6 records
Blossom Finance competitors and assessment
Company assessmentMarket position
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Blossom Finance social profiles
Digital presenceBlossom Finance financial estimates
Financial estimateRevenue estimate
Valuation estimate
Blossom Finance leadership team
Management profileNumber of profiles
Profiles8 records
Blossom Finance funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Blossom Finance M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Blossom Finance
What does Blossom Finance do?
Blossom Finance operates a digital investment platform that enables global Muslim investors to deploy capital into Indonesian micro-businesses using Shariah-compliant, profit-sharing (musharakah) instruments. The platform issues blockchain-powered micro-sukuk via its proprietary SmartSukuk™ technology, automatically diversifying investor funds across hundreds of micro-businesses in 32 sectors with minimum investments of $100. Capital flows from individual investors through an Indonesian cooperative partner to on-the-ground micro-businesses, with monthly profit-sharing payments and full Shariah compliance verification.
Is Blossom Finance a public or private company?
Blossom Finance is a private company. It is classified as venture growth investor backed and is currently operating.
When was Blossom Finance founded?
Blossom Finance was founded in 2014. It employs 51 to 100 people.
Where is Blossom Finance based?
Blossom Finance is headquartered in San Francisco, United States, in the North America region.
How does Blossom Finance make money?
Two revenue lines are on record. Profit Sharing is the primary driver. The others are service Fee.
Does Blossom Finance have an API?
No public API is recorded for Blossom Finance.
What industry is Blossom Finance in?
Blossom Finance's product category is Islamic Microfinance Investment. Its primary akta.pro industry code is FSABAGAL, Sukuk Origination & Structuring (Bank-led), with a secondary code of FSABAGAH, Shariah-compliant Financing Products (Murabaha, Ijara, Tawarruq, Istisna, Salam). Its NAICS code is 5259 and its SIC code is 6189.