Bloom Credit: Ava Streamlining Reporting for Growth

Ava Finance’s journey with Bloom Credit showcases the platform’s ability to simplify reporting and support rapid growth since launching its partnership with Bloom in June of 2021. “Bloom has taken on a big part of our reporting headache and has been key to helping us scale from a few hundred users to tens of thousands.” – Ava

Effortless Integration for Scalability:

Bloom Credit’s API seamlessly integrates with Ava’s reporting processes. Running on AWS, Bloom Credit enabled Ava to scale from hundreds to tens of thousands of users in the early months of the collaboration.

Precision Reporting:

Adhering meticulously to Metro2 guidelines, Bloom Credit ensures data accuracy, boosting confidence in Ava’s credit bureau reporting and credit data governance. The platform’s robust suite of validations guarantees high data quality and compliance.

Ideal for Startups:

Bloom Credit’s support allows startups like Ava to focus on user servicing and consumer experience while managing critical reporting tasks efficiently.

Champion Challenger Success:

Ava conducted a champion-challenger analysis between Bloom Credit and another data processor. The results were clear: Bloom Credit emerged as the premier choice for credit reporting and dispute handling. Unlike its competitor, which required Ava to generate CSV files coded with Metro2, Bloom Credit’s APIs seamlessly ingested existing data and transformed it for Metro2 reporting, streamlining the entire process.

Service and Expertise:

Bloom Credit’s exceptional service and deep expertise in credit bureau reporting played a pivotal role in Ava’s decision. The platform’s comprehensive support and commitment to accuracy ensured Ava’s reporting needs were met with precision.

Overcoming Challenges:

Despite initial growing pains, Ava praises Bloom Credit’s resilience and commitment to continuous improvement. The team’s dedication to resolving issues and enhancing service quality has been instrumental in Ava’s success. 

Solving Reporting Hurdles:

Leveraging Bloom Credit’s API, Ava efficiently furnishes user data to all three credit bureaus, resolving reporting challenges and enhancing user service. The platform’s seamless integration and comprehensive suite of validations ensure accuracy and compliance at every step.

Conclusion

Bloom Credit emerges as a reliable partner, simplifying reporting processes and fostering business growth. With its robust suite of APIs, meticulous data handling, and exceptional service, Bloom Credit stands out as the trusted provider for Ava Finance, enabling them to scale and succeed in a competitive market.