Comparison

    Metro2 vs Bloom Credit: Full Comparison

    Bloom Credit is a well-funded credit data infrastructure company that excels at API-based furnishment for enterprise fintechs — but it is not self-service software. There is no web UI, no CSV upload, no public pricing, and no way to get started without a sales call and custom contract. Metro2 by Switch Labs is purpose-built for businesses that want direct, self-service control over their Metro 2 files with transparent pricing starting at $19/month.

    Metro2

    Modern, cloud-based Metro 2 reporting

    Transparent pricing
    No long-term contracts
    Modern REST API
    Free trial available

    Bloom Credit

    Bloom Credit, founded in 2016 and headquartered in Chicago, is a credit data infrastructure company ...

    Pricing:Custom enterprise pricing (contact sales)
    Target:Fintechs, banks, credit unions, and enterprise lending platforms building credit-forward products that need API-based bureau integration

    Feature Comparison

    FeatureMetro2Bloom Credit
    Metro 2 Format Generation
    Generate compliant Metro 2 format files for credit bureau submission
    Handled via API — Bloom converts your data to Metro 2 format
    All Three Bureaus
    Submit to Experian, Equifax, and TransUnion
    Equifax, Experian, TransUnion via managed bureau relationships
    Real-time Validation
    Instant validation of data before submission
    CRRG-aligned validation engine
    700+ validation checks with 0.07% fatal reject rate
    API Access
    REST API for programmatic integration
    Full REST API from $29/mo
    REST + GraphQL APIs with sandbox, OpenAPI specs, Postman collections
    Bulk Upload
    Upload multiple accounts via CSV or Excel
    Drag-and-drop field mapping
    No CSV/Excel upload — API integration only
    Error Correction
    Built-in tools to fix rejected records
    Live editor with bulk updates
    Can re-furnish corrected data for historical months
    Audit Trail
    Complete history of all submissions and changes
    Via API — client portal reporting still in development
    Modern UI
    Clean, intuitive user interface
    No self-service web UI — API-only with early-stage client portal
    No Long-term Contract
    Month-to-month billing without commitment
    Cancel anytime
    Custom enterprise contracts with annual discounts
    Transparent Pricing
    Clear pricing without hidden fees
    Published on website
    No public pricing — requires sales engagement
    Automated Bureau Delivery
    Automated SFTP delivery to credit bureaus on a schedule
    Included from SMB plan ($29/mo)
    Fully managed — Bloom handles all bureau submission
    Dedicated Support
    Direct access to support team
    Growth team assists with onboarding; SLAs available on Enterprise tier (additional fee)

    Bloom Credit Pros

    • API-first infrastructure — RESTful and GraphQL APIs with sandbox environment, Postman collections, and OpenAPI specs
    • 700+ validation checks before data is reported — claims 0.07% fatal reject error rate (50% below industry average)
    • Fully managed bureau relationships — Bloom handles all three bureau connections on your behalf
    • Flexible reporting frequency — monthly, semi-monthly, weekly, or even daily furnishment schedules
    • Can furnish historically excluded data types like non-credit recurring payments and deposit account behavior
    • Historical error correction — can re-furnish corrected Metro 2 files patching prior months of data

    Bloom Credit Cons

    • No self-service option — requires sales engagement, custom contracts, and onboarding with a Bloom representative
    • No public pricing — impossible to evaluate cost without a sales call
    • No web UI for file generation — purely API-based, requires developer resources to integrate
    • You do not control your own bureau relationships — Bloom acts as the intermediary
    • Enterprise-focused onboarding — designed for funded fintechs, not small data furnishers or first-time reporters
    • Client portal is still in development — limited self-service reporting and account management

    When to Choose Bloom Credit

    • 1Funded fintechs building credit products that need API-based bureau integration without managing bureau relationships directly
    • 2Enterprise lenders and banks that want a managed furnishment layer with flexible reporting frequency
    • 3Companies furnishing non-traditional data types (rent payments, deposit behavior) at scale

    Why Choose Metro2 Over Bloom Credit

    • Self-service from day one — sign up, upload data, and generate Metro 2 files without a sales call or custom contract
    • Transparent pricing starting at $19/month vs. opaque enterprise pricing requiring sales engagement
    • Full web UI with drag-and-drop CSV mapping, live editor, and bulk updates — no developer resources required
    • You own your bureau relationships and control your data directly, rather than depending on a middleware intermediary
    • Month-to-month billing with no long-term commitment vs. custom enterprise contracts

    Other Comparisons

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