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Circle Ventures and NEAR Foundation Invest $14M in Abound to Expand Remittance Services

  • Abound, a remittance app serving Indian immigrants in the United States, has raised $14 million in seed funding.
  • Leading investors, including Circle Ventures and the NEAR Foundation, supported the fundraising.
  • Abound has processed over $150 million in remittances and has reached 500,000 monthly active users.
  • The funding will enable Abound to develop new features and improve technology systems to meet the financial demands of its expanding user community.

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