Abound Secures $14 Million Seed Funding Led by NEAR Foundation to Expand Cross-Border Remittance Services

The crypto landscape continues to evolve as **Abound**, a prominent cross-border remittance application, successfully concluded its **$14 million seed funding round** on March 27. The financing, spearheaded by the **NEAR Foundation**, attracted notable participation from **Circle Ventures** and **Times Internet**, among others. With these substantial funds, Abound aims to strategically enhance its operational reach, innovate new product offerings, and fortify its **technical infrastructure**. The company is also setting its sights on **expanding into international markets**, with plans to target **Canada**, **Singapore**, and the **UAE**. This expansion is anticipated to bolster Abound’s presence within the **global remittance sector**, ensuring it remains competitive in the increasingly dynamic **crypto space**. Stakeholders are keenly watching how these developments may redefine remittance solutions in the coming months.