Abound - About the company
Abound is a series B company based in London (United Kingdom), founded in 2020 by Michelle He Cfa and Gerald Chappell. It operates as a Provider of personal loans with flexible repayment options and holistic assessment. Abound has raised $1.61B in funding from investors like GSR Ventures, Salica Investments and K3, with a current valuation of £*****. The company has 107 active competitors, including 14 funded and 14 that have exited. Its top competitors include companies like M Kopa, Lendable and Creditspring.
Company Details
Provider of personal loans with flexible repayment options and holistic assessment. They offer individuals access to financing based on a comprehensive evaluation of their financial situation. This includes income, spending habits, and existing credit commitments. The aim is to provide affordable lending solutions tailored to individual needs.
- Website
- www.getabound.com/
- Social
- Email ID
- *****@getabound.com
- Phone Number
- +44 **********
- Registered Address
- 3rd Floor 86-90 Paul Street, London, England, EC2A 4NE
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Series B
Total Funding
$1.61B in 7 rounds
Latest Funding Round
Post Money Valuation
£***** as on Dec 13, 2023
Investors
Ranked
3rd among 107 active competitors
Annual Revenue
£25.5M as on Feb 28, 2025
Employee Count
116 as on Apr 30, 2026
Investment & Acquisitions
Legal entities associated with Abound
Abound is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
FINTERN HOLDINGS LTD CIN: 14259516 , United Kingdom, Active | - | 5 (As on Feb 28, 2025) | ||
FINTERN LTD CIN: 12472034 , United Kingdom, Active | Feb 18, 2020 | $32.5M (As on Feb 28, 2025) | 81 (As on Feb 28, 2025) |
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Abound's funding and investors
Abound has raised a total funding of $1.61B over 7 rounds. Its first funding round was on Dec 16, 2022. Its latest funding round was a Conventional Debt round on Mar 27, 2025 for $*****. 1 investor participated in its latest round. Abound has 6 institutional investors.
Here is the list of recent funding rounds of Abound:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 27, 2025 | 8444533 | Conventional Debt | 2023695 | 5641860 | 3830324 | 6134990 |
May 07, 2024 | 8515605 | Series B | 8521268 | 5420278 | 8902161 | 7680904 |
May 07, 2024 | 3515622 | Conventional Debt | 7274540 | 3744033 | 6957495 |
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Abound's founders and board of directors
Founder? Claim ProfileThe founders of Abound are Michelle He Cfa and Gerald Chappell. Gerald Chappell is the CEO of Abound.
Here are the details of Abound's key team members:
- Michelle He Cfa: Co-founder and COO of Abound.
- Gerald Chappell: Co-Founder & CEO of Abound and founder of 1 other company. Contact Info: 1 email address
View details of Abound's Founder profiles and Board Members
Abound's employee count trend
Abound has 116 employees as of Apr 26. Here is Abound's employee count trend over the years:
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Abound's Competitors and alternates
Top competitors of Abound include M Kopa, Lendable and Creditspring. Here is the list of Top 10 competitors of Abound, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of affordable solar power for households | $241M | 70/100 | ||
2nd | _1580726021209.png?devicePixelRatio=2&height=30&width=30){kind=logo} Lendable 2014, London (United Kingdom), Series B | An online platform for personal loans | $293M | 69/100 | |
3rd |  Abound 2020, London (United Kingdom), Series B | Provider of personal loans with flexible repayment options and holistic assessment | $1.61B | 62/100 | |
4th | Creditspring 2016, London (United Kingdom), Series A | A personal loans platform | $88.6M | 57/100 | |
5th | Lending Works 2012, London (United Kingdom), Acquired | Provider of investment products, authorized and regulated by a financial authority | $23.6M | 51/100 | |
6th | RateSetter 2010, London (United Kingdom), Acquired | Online P2P lending platform for consumer and business loans | $81.7M | 51/100 | |
7th | International Personal Finance 2007, Leeds (United Kingdom), Acquired | Lending platform that offers consumer loans and offline home credits | - | - | 50/100 |
8th | Future Finance 2014, Dublin (Ireland), Deadpooled | Online platform for student loans | $155M | 50/100 | |
9th | Amigo Loans 2005, Bournemouth (United Kingdom), Public | Direct lender offering guarantor loans. | - | - | 45/100 |
10th | _1580725114596.png?devicePixelRatio=2&height=30&width=30){kind=logo} Koyo 2018, London (United Kingdom), Series A | Online marketplace for personal loans | $67M | 45/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Abound's competitors? Click here to see the top ones
Abound's Investments and acquisitions
Abound has acquired Ahauz. Abound has not made any investments as of now.News related to Abound
Filter this listMedia has covered Abound for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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UK fintech Abound enters mortgage market with acquisition of AhauzOpen Banking Expo•Jan 14, 2026•Abound, Ahauz, Abound Credit Union
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UK Fintech Abound Lends Over £1bn, Reshapes UK Personal Finance MarketFinancial IT•Oct 06, 2025•Abound
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Abound secures up to £250m in financing from Deutsche BankFinextra•Mar 27, 2025•Abound, Deutsche Bank, Citi, Waterfall and 2 others
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D•One and Abound Collaborate to Advance AI-Driven Lending with Open Banking DataEIN Presswire•Aug 17, 2024•D ONE, Abound, Abound Solar
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UK lender Abound secures £800m in mix of equity and debt financingFintechinshorts•May 12, 2024•Abound, GSR Ventures
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Abound raises £800m in growth fundingFinTech Collective•May 10, 2024•Abound, GSR Ventures, Salica Investments, Osborne Clarke
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Uk Ai-led Fintech Abound Announces New Funding Round To Increase Access To Fair CreditFinancial IT•May 10, 2024•Abound, Citi, GSR Ventures
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Credit tech firm Abound raises fundsFinextra•May 07, 2024•Abound, Citi, GSR Ventures, Hambro Perks and 1 other
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