From Fidget Spinners To Fintech Success: This Young Entrepreneur Is Changing How Gen Z Invests

Zinger Key Points
  • Bloom is an investing app that aims to educate Gen Z on investing and personal finance.
  • Co-founder Allan Maman chats with Benzinga about Bloom's mission.

Allan Maman got his business career started early, creating Fidget360 while he was still in high school. Maman credits, at least partially, Fidget360 for starting the fidget spinner fad of 2017-2018

Since then, Maman has packed his resume with impressive roles, including Robinhood Markets Inc HOOD and presidential candidates Andrew Yang and Michael Bloomberg

Now, Maman helps run Bloom, an investing app that he co-founded to help educate Gen Z on investing and personal finance.

Maman sat down with Benzinga co-founder Jason Raznick to discuss what he has learned through his experiences. 

Bloom's Mission For Young Investors: Maman's role today at Bloom includes pretty much everything that isn’t technical, he said. Maman has helped grow Bloom, which now has more than 800,000 users and markets itself as the “Stock Investing App for Teens.” 

The website even has a tab to allow parents set up investment accounts for their kids. 

Bloom aims to help educate young people on the benefits of investing early. According to Bloom’s website, more than 70% of Americans regret not investing earlier in their lives. 

“We realized there are a lot of young people getting into investing — how do we make sure we are that really good teacher that someone wished they had when they were younger?” Maman told Raznick during the interview. 

Watch the full interview with Maman below, and make sure to subscribe to Benzinga’s YouTube channel for more exclusive interviews. 

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Posted In: FintechTop StoriesExclusivesPersonal FinanceInterviewGeneralAllan MamanBloomJason RaznickThe Raz Report
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