BloomTech Inc., d/b/a Bloom Institute of Technology or BloomTech, f/k/a Lambda, Inc.; and Austen Allred
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Compliance Profile
"Public-record notice: BloomTech Inc., d/b/a Bloom Institute of Technology or BloomTech, f/k/a Lambda, Inc.; and Austen Allred appears in official public record data. The record is informational and should be checked against the original publisher before legal, financial or counterparty decisions are made."
Banking Impact
This public record does not establish a banking prohibition. Any onboarding or transaction decision should use the original source, a verified identity match and the institution's applicable legal framework.
Legal Status
This is an informational public record, not a sanctions, exclusion or enforcement conclusion unless the page expressly identifies an official issuing authority and record.
Public source metadata
Source: CFPB Enforcement Actions| Full Legal Name | BloomTech Inc., d/b/a Bloom Institute of Technology or BloomTech, f/k/a Lambda, Inc.; and Austen Allred |
| Known aliases | On April 17, 2024, the Bureau issued an order against BloomTech, Inc., a for-profit vocational school that is also known as the Bloom Institute of Technology and was formerly known as the Lambda School, and Austen Allred, the company’s founder and CEO. |
| Source datasets | CFPB ENFORCEMENT ACTIONcfpb_enforcement_actions |
| Record status | Informational public record |
| Publishing authority | www.consumerfinance.gov |
| Identifiers | 2024-04-17 / https://www.consumerfinance.gov/enforcement/actions/bloomtech-inc-and-austen-allred/ |
| Record timeline | First seen: 2024-04-17 • Last seen: 2024-04-17 |
| Risk Topics | reg.action, regulatory, fin |
| Original source | View source record |
Compliance Context Review
Independent assessment
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