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Sukuk on Blockchain: securitization & investment platform for emerging market impact

Sukuk on Blockchain: securitization & investment platform for emerging market impact

We're addressing a 'niche' community of 1.4 Billion unbanked in emerging markets due to lack of physical access and religious restrictions. 97% of these unbanked live in developing economies.

We're enabling a new breed of financing using a capital market tool called 'sukuk', which works like a bond except based on ownership of assets not debt. Our SmartSukuk platform eliminates the complexities, costs, and barriers of conventional capital markets by replacing costly intermediaries with ethereum blockchain tokens (ERC20) and smart contracts.

Blossom's SmartSukuk makes raising funds from global investors accessible to smaller issuers - such as those focused on making positive social impact, like microfinance institutions in Indonesia - and allows fundraising and investing at any size, from anywhere in the world.

We completed the world's first primary sukuk issuance on blockchain in October 2019.
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Matthew J. Martin

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Founder of BlossomFinance.com | product, engineering, & UX background | veteran of fin-tech startups @Monitise, @BOKU, @Xoom | polyglot | Muslim
Valuation

$3M

Funded over

2 rounds

Latest round

Pre-Seed (Jan 2019)

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