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Remittance & rewards app for NRIs @joinabound raised $14M in a funding round from @nearfoundation, @circle_ventures, @TimesInternet. https://t.co/fFCS9T1iU2 https://t.co/VQLwsH2og2
Abound, a fintech app that offers money transfers, rewards, and access to local Indian services. Raises $14M to expand its all-in-one platform. Over 500K users. $150M+ in volume. Backed by NEAR Foundation, Circle Ventures, and Times Internet. https://t.co/3Qyqam9wnw https://t.co/IWULXtMckc
Times Internet spin-out Abound raises $14M to let more Indian Americans send money home: https://t.co/hNW5BQ1CaK by TechCrunch #infosec #cybersecurity #technology #news
Abound, a fintech platform designed for Indian-Americans, has successfully raised $14 million in seed funding to enhance its services, which include money transfers, rewards, and access to local Indian services. The company, a spin-out of Times Internet, currently serves over 500,000 users and has processed over $150 million in transaction volume. The funding round was backed by notable investors including the NEAR Foundation, Circle Ventures, and Times Internet. This investment aims to facilitate easier remittance for Indian-Americans looking to send money back home.
