Bloom Credit Wins 2026 FinTech Breakthrough Award for Banking Infrastructure Software of the Year

Leading financial data platform Bloom Credit announced it has been named Banking Infrastructure Software of the Year in the 2026 FinTech Breakthrough Awards. The annual awards honor the world’s top financial technology companies, products, and services that deliver innovative solutions and measurable impact across the fintech ecosystem.

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Bloom Credit was specifically recognized for Bloom+, which financial institutions embed directly into consumer checking accounts transforming them into credit-building tools by tapping into financial data like recurrent payments from rent, telco, water, gas, and electric payments. The payments are reported to the credit bureaus as creditlines, allowing individuals to demonstrate and build creditworthiness without taking on debt.

“We’re honored to have been chosen for this award. Bloom+ benefits consumers by giving them an alternative way to gain access to affordable credit and it increases financial institutions’ relevance and retention rates. But even more broadly, Bloom Credit’s infrastructure software is in effect helping to modernize and redefine how creditworthiness is determined, which is revealing an entire population of ‘invisible prime’ consumers,” said Christian Widhalm, CEO of Bloom Credit.

This recognition comes as Bloom Credit continues to see strong momentum around embedding credit-building capabilities into everyday banking products like checking accounts. A joint report from Cornerstone Advisors and Bloom Credit found that 6 in 10 consumers ages 21–44 rank credit-building as the most valuable checking account feature, while 73% say they would open a new account to access it and 68% would switch their direct deposit—highlighting a clear opportunity for financial institutions to deepen relationships and drive growth.

In the 18 months since its launch, Bloom+ has demonstrated significant traction and measurable impact for both consumers and financial institutions. On average, consumers can see an immediate impact to their credit history and subsequent score, while financial institutions experience an average 11% increase in deposits and customers add approximately 4.6 additional monthly recurring bill payments to their checking accounts. Given financial institutions’ need to attract and retain customers, Bloom Credit has witnessed strong demand for this type of credit-building solution embedded directly into primary banking relationships. Early partners offering Bloom+ include Inspire Federal Credit Union and Navy Federal Credit Union, which have now been joined by Suncoast Credit Union, InTouch Credit Union, Palisades Credit Union, and Pasadena Federal Credit Union.

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