£800M
The financing round includes participation from GSR Ventures and Citi to fund international expansion and product rollout.
A
Abound
Abound provides affordable consumer loans using Open Banking and artificial intelligence.
London, UK—Founded 2020
£1300MTotal raised
London based credit technology company providing consumer loans through Open Banking and proprietary artificial intelligence. The firm reaches profitability shortly after launch and issues hundreds of millions in loans.
Categories
Founders
GC
Gerald Chappell
CEO and co-founder
MH
Michelle He
co-founder
Investors
- £800MCCitiFollow-on
- £500M
Funding history
£500M
The funding round includes backing from Citi, Waterfall Asset Management, K3 Ventures, GSR Ventures, and Hambro Perks.