Bloomo Investment obtains Type 1 Financial Instruments Business Operator License

Bloomo Investment (Bloomo), a startup developing an asset building app focusing on US stocks/ETFs that had raised a JPY 800m seed round in April this year, announced that it has completed the registration as a Type 1 Financial Instruments Business Operator (FIBO).

Since its establishment in June 2022, Bloomo has been developing its business with the aim of supporting young people who have begun to build their assets, mainly by investing in overseas growth stocks, and creating a society in which everyone can envision a better future. Bloomo has been preparing to operate as a new brokerage firm by forming a founding team, raising a seed round of funding, and registering as a Type I financial instruments firm.

In addition to the one-year anniversary of the company’s establishment, Bloomo has fully renewed their website to mark the start as a securities firm. They have expanded the pages introducing “Bloomo,” an asset-building service they are developing, as well as content that makes learning about investments and finance fun even for inexperienced and novice investors.

Bloomo will take the opportunity of the completion of its registration as a securities company to increase the speed of development towards the launch of its services. To do so, Bloomo is looking to recruit additional talent that shares the commitment to creating a financial platform for a new era. Therefore, there is an updated culture deck available on the recruiting site, introducing the significance of joining Bloomo at this early stage, as well as the benefits and environment candidates will enjoy when joining the firm.

Pre-registration for the service launch is also available now. Prior to the official release, an invitation-only beta period is planned for this summer, and anyone registering on the waitlist will be given priority to access the service.

Bloomo aims to go to market with the following positioning:

• Easy investment in U.S. stocks and ETFs: Create an original portfolio of global stocks of your choice. Blumo automatically takes care of all the procedures for currency exchange, trading, etc. on your behalf.
• Even beginners can build a full-fledged asset portfolio by referring to the portfolios of others: By copying and referring to the portfolios of famous investors like Warren Buffett and other users, even beginners can start asset building with confidence.
• Financial literacy and eliminating money worries about the future for everyone: Follow the world economy and U.S. market movements while using Bloomo. We can all become better investors by referring to the opinions of other users.

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