Bloom Credit Appoints New Chief Product Officer and Head of Credit Union Solutions

Bloom Credit, an API platform modernizing credit data infrastructure and facilitating real-time reporting and alternative consumer-permissioned data, today announced it is expanding its leadership team with two strategic hires. Former senior leader at Experian, Christa Degnan has been appointed as its new Chief Product Officer. Additionally, credit union solutions executive Tushar Mukhija was named Head of Strategy and Partnerships, Credit Union Financial Services.

As Chief Product Officer, Degnan will be responsible for leading product strategy, managing the product roadmap, and overseeing product development while Mukhija will oversee Bloom Credit’s expansion in the credit union space. Both will report to CEO Christian Widhalm.

“I'm excited to have these two talented executives within the credit and technology space join the Bloom Credit team. Both Christa and Tushar bring unique, valuable perspectives that will drive our business forward and reinforce our leadership in credit data infrastructure, specifically within consumer-permissioned data,” said Christian Widhalm, CEO of Bloom Credit.

Degnan brings extensive product management experience and perspective from a major credit bureau to Bloom Credit. Previously she was Vice President of Strategy, Partnerships, and Business Development for Consumer Information Services at Experian where she was responsible for business partnerships, minority investments and assessing merger and acquisition targets. Before Experian she held senior product roles at insurance platform Vertafore and insurer Liberty Mutual and senior finance roles at Safeco and Boeing.

“Bloom Credit’s technology is positively impacting the financial ecosystem as a whole. With a consumer permissioned data product like Bloom+, you’re enabling consumers, especially those who are underserved, like GenZ and immigrants, to build credit without having to go into debt,” said Christa Degnan, Chief Product Officer, Bloom. “I’m really energized by that and to be joining a team of high performing individuals focused on solving a key problem while serving our financial customers.”

Mukhija is a seasoned executive in the credit union space. Before joining Bloom Credit he was Chief Growth Officer at Members Development Company (MDC), the multi-million-dollar R&D department of the country’s credit union network, where he drove business strategy and strategic partnerships to support innovation around no-code development, robotic process automation, and artificial intelligence and the first ever reciprocal depository platform for the credit union industry.

“It’s rare that the value proposition of a fintech’s product is so clear in the way it adds to the bottom line,” said Tushar Mukhija, Head of Strategy & Partnership, Credit Union Financial Services, Bloom Credit. “Consumer permissioned data gives consumers power and credit unions a competitive advantage. I’m thrilled to be joining Bloom and introducing Bloom+ to the credit union network.”

These executive appointments follow new collaboration with TransUnion to accept consumer permissioned data and with risk decision platform Taktile, both announced in 2024. Also in 2024, the company’s consumer permissioned, white label API Bloom+ garnered awards from industry media Finovate as Best of Show and from Tearsheet for Best Data Innovation.

About Bloom Credit
Bloom Credit is an API platform designed to modernize the infrastructure of the credit data ecosystem, including the enablement of real-time credit reporting, improvement in reporting accuracy, and expansion of the breadth of alternative consumer-permissioned data (CPD) provided to determine credit scores through its API Bloom+. Bloom Credit empowers its customers to launch and grow new classes of credit products by leveraging access, reporting and alternative CPD in a fraction of the time it has traditionally taken, leading to the development of important applications which can improve consumers’ creditworthiness. Bloom Credit is a member of the American Fintech Council dedicated to promoting an inclusive and transparent financial system. Learn more at www.bloomcredit.io.

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