
Bloom (YC W21)
Investing app with interactive financial lessons and gamified rewards to help users build wealth.
Bloom is a fintech app for employee investing (think “Robinhood for payroll” with gamified lessons).
Problem: Bloom wanted to offer paper trading (simulated stock trading) so users could practice without real money. They needed quick integration of market data and trading APIs.
Solution: Horizon Labs built the paper trading feature. Key steps:
- Integrated Alpaca’s paper-trading API into Bloom’s backend.
- Developed a trade simulation interface (front end & backend) allowing users to buy/sell virtual shares.
- Ensured users’ virtual portfolios were updated in real time with market data.
Outcome: The feature was delivered in approximately 2 months. Teen users could trade in a risk-free environment, greatly enhancing product engagement. The groundwork we laid also opened the door for future Alpaca collaboration.
Impact: Users now have a safe sandbox for investing. Bloom’s CTO reports this accelerated new-user growth. Bloom’s co-founder commended HL for swift, high-quality delivery.
Tech Stack: Node.js backend, React (if any frontend changes).
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