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.

Mar 27, 2025•9 months ago

Amount Raised

$14 Million

San FranciscoFintechFinance

Description

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 Information

Company

Abound by The Times of India

Location

San Francisco, California, United States

About

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.

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Funding Insights

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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.

Description

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Company Information