Abound, a fintech platform catering to Indians living in the United States, has raised $14 million in a seed funding round led by NEAR Foundation.
The funding will help accelerate Abound's mission of creating a seamless financial bridge between non-resident Indians (NRIs) and India.
Abound aims to simplify money management for the Indian diaspora by integrating remittances, rewards, and next-generation financial services into a single platform.
With the fresh funds, Abound plans to expand its product suite, enhance its technology infrastructure, and grow its team to support over 500,000 users.