According to ChainCatcher, citing TechCrunch, cross-border remittance app Abound has announced the completion of a $14 million funding round, led by NEAR Foundation, with participation from Circle Ventures, Times Internet, and other investors.
The company plans to use the new funds to expand its business scope, increase product variety, and improve technical infrastructure, with plans to gradually enter markets such as Canada, Singapore, and the United Arab Emirates.