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May 16, 2023

Bloom Finance Company Ltd. Completes $7 Million Series A Financing

Bloom Finance Company Ltd. (“Bloom”), a Canadian fintech company that offers home equity solutions to Canadians, completed a $7 million Series A financing on May 16, 2023. Bloom was founded in 2019, with the belief that Canadians aged 55 and older can improve their retirement strategy if they look to the wealth in their homes. Bloom uses its own technology to offer equity access solutions for clients in the traditionally bank-dominated reverse mortgage industry.

Wildeboer Dellelce LLP acted for Bloom in connection with the financing with a team comprised of Geoffrey Cher, Jonathan Born, Natalie Tershakowec and Ana Savic (corporate/securities).