About Abound
Abound is a company based in London (United Kingdom) founded in 2020 by Michelle He and Gerald Chappell. It operates as a FinTech. Abound has raised $1.6 billion across 7 funding rounds from investors including Citi, Deutsche Bank and Salica Investments. The company has 109 employees as of February 29, 2024. Abound has completed 1 acquisition, including Ahauz. Abound offers products and services including Personal Loans. Abound operates in a competitive market with competitors including M Kopa, Creditspring, Zopa, Plend and International Personal Finance, among others.
- Headquarter London, United Kingdom
- Employees 109 as on 29 Feb, 2024
- Founders Michelle He, Gerald Chappell
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Financial Services
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- Legal Name Fintern Limited
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Products & Services of Abound
Abound offers a comprehensive portfolio of products and services, including Personal Loans.
Personal loans are offered for various financial needs.
People of Abound
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Funding Insights of Abound
Abound has successfully raised a total of $1.6B across 7 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $322.62 million completed in March 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Abound
Abound has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Citi, Deutsche Bank and Salica Investments.
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Early-stage tech startups are invested in by GSR Ventures.
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Investment services in finance, healthcare, sustainability, and productivity sectors.
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Investments are made by K3 Ventures in early-stage technology startups.
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Investor details for Abound
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Investments & Acquisitions by Abound
Abound has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ahauz.
Investment portfolio details for Abound
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Lead generation platform for mortgage loans
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Complete acquisition details for Abound
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Financial Statements - Abound
Detailed financials for Abound
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Abound Comparisons
Peer comparison for Abound
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Competitors of Abound
Abound operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as M Kopa, Creditspring, Zopa, Plend and International Personal Finance, among others.
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Affordable solar power is provided to households in Kenya.
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A personal loans platform
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Internet-first banking and loans are provided to consumers via app.
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Consumer financing is facilitated via an online lending platform.
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Consumer loans and offline home credits are provided to customers.
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Detailed competitors of Abound
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Latest news on Abound
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Frequently Asked Questions about Abound
Abound was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Abound is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Gerald Chappell is the current CEO of Abound. They have also founded this company.
Abound is a funded company, having raised a total of $1.6B across 7 funding rounds to date.
As of Feb 29, 2024, the latest employee count at Abound is 109.
Personal loans are offered by Abound to assist customers with financial needs such as debt consolidation or major purchases. The company operates in the consumer finance sector, focusing on accessible and affordable lending solutions. A full financial picture is considered during the application process, beyond just credit scores. Flexible repayment options and fast processing times are provided to ensure customer convenience.
Abound's top competitors include M Kopa, Creditspring and Zopa.
Abound offers Personal Loans.
Abound has made 1 acquisition, including Ahauz.
Abound has 6 investors. Key investors include Citi, Deutsche Bank, Salica Investments, GSR Ventures, and K3 Ventures.