Fintech platform for Indian-Americans raised $14 million in seed funding to enhance their financial services for the community. The funding will help expand their platform and improve user experience.
Fintech platform for Indian-Americans raised $14 million in seed funding to enhance their financial services for the community. The funding will help expand their platform and improve user experience.
03/27/25, 12:50 PM
Location
san franciscoMoney raised
$14 million
Industry
fintech
finance
Abound, a remittance app that was spun off by Times Internet in 2023, has raised $14 million in seed funding. This funding will enable the company to enhance its services and expand its reach within the Indian-American community. The investment aims to support the platform's growth and development.
Company Info
Location
san francisco, california, united states
Additional Info
Abound by Times of India is a premier app designed exclusively for the Indian community in the US, empowering them to embrace a truly borderless lifestyle.
With Abound, users can seamlessly transfer money to India at highly competitive exchange rates, ensuring maximum value for their transactions.
Abound also presents a unique opportunity to earn exclusive cash back rewards on everyday grocery and shopping expenses.
Join Abound today and unlock a world of financial convenience and rewarding experiences.