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Remittance app Abound raises $14 million in seed funding, with participation from Circle Ventures and others.
According to Gate.io News bot, as reported by CoinDesk, the cross-border remittance application Abound has completed a $14 million seed round of financing. The investors in this round include Circle Ventures and Near Foundation. Abound is a project incubated by the digital agency under the Times Group of India, focused on providing cross-border remittance services for Non-Resident Indians (NRI). The company stated that it will use the financing funds to expand key personnel and upgrade its technological infrastructure.