Finance app Abound has raised $14 million in a seed funding round led by NEAR Foundation, with participation from Circle Ventures and Times Internet.
Abound aims to create a seamless financial bridge between non-resident Indians (NRIs) and India.
The company plans to expand its product offerings, enhance technology infrastructure, and grow its team with the fresh funds.
Abound has processed over $150 million in remittances, facilitated $87 million in rewards GMV, and has seen substantial revenue growth and a user base of over 500,000.