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Finance app Abound grabs $14M in seed funding led by NEAR Foundation

  • 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.

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