The Superintendencia Financiera de Colombia (SFC) ordered the immediate taking possession of the assets, rights and business of BLOOM CROWDFUNDING S.A. SOCIEDAD DE FINANCIACIÓN COLABORATIVA, a collaborative financing company headquartered in Bogotá. The intervention aims to determine whether the firm can be restored to properly carry out its corporate purpose, whether alternative operations can improve conditions for investors to obtain full or partial payment of their claims, or whether liquidation is required. SFC linked the measure to grounds in Article 114(1) of Colombia’s Organic Statute of the Financial System, citing a reduction of net worth below 50% of subscribed capital, serious inconsistencies in information provided to the supervisor that prevent an adequate understanding of the firm’s true situation, and repeated non-compliance with duly issued supervisory orders and instructions. SFC emphasized that the facts triggering the measure are specific to Bloom Crowdfunding and do not directly affect other supervised entities conducting collaborative financing activities. SFC will decide on the appropriate outcome within no more than two months, extendable once for an equal period, after obtaining an opinion from the Financial Institutions Guarantee Fund (FOGAFÍN). FOGAFÍN was notified and will appoint a special agent to act as Bloom Crowdfunding’s legal representative and assume general administration, with activities focused on safeguarding the public interest and protecting creditors and investors.
Superintendencia Financiera de Colombia 2026-04-13
Superintendencia Financiera de Colombia orders immediate intervention of Bloom Crowdfunding to assess recovery or liquidation
The Superintendencia Financiera de Colombia has taken immediate possession of the assets, rights and business of BLOOM CROWDFUNDING S.A. SOCIEDAD DE FINANCIACIÓN COLABORATIVA to determine whether it can be restored, restructured for investor recovery, or must be liquidated. The action is based on reduced net worth, serious inconsistencies in supervisory information and repeated non-compliance with supervisory orders, and does not directly affect other supervised collaborative financing entities. The Financial Institutions Guarantee Fund will appoint a special agent to assume administration, with a decision on Bloom Crowdfunding’s future to follow its opinion.