Remittance application Abound announces the completion of a $14 million seed round financing.

The remittance application Abound announced the completion of a $14 million seed round financing, with investors including Circle Ventures and Near Foundation. Abound is incubated by the digital agency under the Times Group in India, primarily providing cross-border remittance services for Non-Resident Indians (NRI). The company plans to use this round of funding to expand key positions and upgrade its technological infrastructure. (CoinDesk)