Abound news and trends

Abound CEO Says AI-Driven Lending Still Needs People to Perform
artificial intelligence // March 22, 2023

Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder at U.K.-based open banking startup Abound, says that needs to change. Get the Full Story Complete the form to unlock...

Abound Raises $601 Million to Fund Open Banking Business
Investments // March 06, 2023

British lender Abound has raised $600 million to tap into increased interest in open banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Wholesale Marketplace Abound Nets $36.7M in Series B
Investments // November 03, 2021

Wholesale marketplace Abound raised $36.7 million in a Series B funding round led by D. E. Shaw group, with additional support from PointState Capital, Left Lane Capital, RiverPark Ventures and All Iron Ventures. Get the Full Story Complete the form to unlock this article and...

Today In Retail: Abound Lands $22.9 Million In Series A; Kirkland’s Projects 1.8 Pct Comp...
News // February 19, 2021

In today’s top retail news, Abound landed nearly $23 million in a Series A funding round, while Kirkland’s, Inc. anticipates a comparable sales rise of 1.8 percent. Plus, Hermès posted a 12.3 rise in fourth-quarter sales. Get the Full Story Complete the form to unlock...

Interviews & Exclusives
Abound CEO Says AI-Driven Lending Still Needs People to Perform

March 22, 2023
Traditional consumer credit scoring, which overlooks a large proportion of the population, may have been the norm for years, but Gerald Chappell, CEO and co-founder at U.K.-based open banking startup Abound, says that needs to change. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS […]

Quick Reads
India’s Abound Raises $10 Million to Expand Remittance App

July 03, 2023
Indian cash-back and rewards app Abound has raised $10 million from the Times Group to expand its remittance offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, […]

Abound Raises $601 Million to Fund Open Banking Business

March 06, 2023
British lender Abound has raised $600 million to tap into increased interest in open banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Wholesale Marketplace Abound Nets $36.7M in Series B

November 03, 2021
Wholesale marketplace Abound raised $36.7 million in a Series B funding round led by D. E. Shaw group, with additional support from PointState Capital, Left Lane Capital, RiverPark Ventures and...

Wholesale Marketplace Abound Notches $22.9 Million In Series A

February 19, 2021
Wholesale marketplace Abound landed $22.9 million in a Left Lane Capital-led Series A financing round, with further support from Red Antler, All Iron Ventures and RiverPark Ventures, according to a...