Abound valuation, funding and investors
Abound works in personalized lending solutions services, based in London, United Kingdom. Founded in 2020, it has about 143 employees.
- Last round
- Series B · $1.00B · May 2024
- Valuation at last round
- $4.96B · implied
- Headcount
- 143 · growing
- Grade
- C
- Founded
- 2020
Abound valuation today
VCMC values Abound at $7.7B today, with a range of $3.8B to $13.3B and a grade of C. The valuation starts from its last funding round, a Series B round in May 2024.
Valuation by date (85 rows)
Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.
| Date | Valuation | Range | Predicted in 1 yr | Phase | Headcount | Trend | Grade | Winding-down probability |
|---|---|---|---|---|---|---|---|---|
| 1 Jan 2020 | $12.2M | $4.43M – $33.4M | $13.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Feb 2020 | $12.3M | $4.47M – $33.7M | $13.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Mar 2020 | $12.4M | $4.51M – $34.0M | $13.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Apr 2020 | $12.5M | $4.55M – $34.3M | $13.9M (+11%) | before first round | – | unknown | D | 0% |
| 1 May 2020 | $12.6M | $4.59M – $34.6M | $14.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jun 2020 | $12.7M | $4.63M – $35.0M | $14.2M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jul 2020 | $12.8M | $4.67M – $35.3M | $14.3M (+11%) | before first round | – | unknown | D | 0% |
| 1 Aug 2020 | $13.0M | $4.72M – $35.6M | $14.4M (+11%) | before first round | – | unknown | D | 0% |
| 1 Sep 2020 | $13.1M | $4.76M – $35.9M | $14.6M (+11%) | before first round | – | unknown | D | 0% |
| 1 Oct 2020 | $13.2M | $4.80M – $36.2M | $14.7M (+11%) | before first round | – | unknown | D | 0% |
| 1 Nov 2020 | $13.3M | $4.85M – $36.6M | $14.8M (+11%) | before first round | – | unknown | D | 0% |
| 1 Dec 2020 | $13.4M | $4.89M – $36.9M | $15.0M (+11%) | before first round | – | unknown | D | 0% |
| 1 Jan 2021 | $10.4M | $3.77M – $28.4M | $11.5M (+11%) | before first round | 3 | unknown | D | 0% |
| 1 Feb 2021 | $10.4M | $3.80M – $28.7M | $11.6M (+11%) | before first round | 3 | unknown | D | 0% |
| 1 Mar 2021 | $10.5M | $3.83M – $28.9M | $11.7M (+11%) | before first round | 3 | unknown | D | 0% |
| 1 Apr 2021 | $10.6M | $3.87M – $29.2M | $11.8M (+11%) | before first round | 3 | unknown | D | 0% |
| 1 May 2021 | $10.7M | $3.90M – $29.5M | $11.9M (+11%) | before first round | 3 | unknown | D | 0% |
| 1 Jun 2021 | $10.8M | $3.94M – $29.7M | $12.0M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Jul 2021 | $10.9M | $3.97M – $30.0M | $12.0M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Aug 2021 | $11.0M | $4.01M – $30.3M | $12.1M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Sep 2021 | $11.1M | $4.05M – $30.5M | $12.2M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Oct 2021 | $11.2M | $4.08M – $30.8M | $12.3M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Nov 2021 | $11.3M | $4.12M – $31.1M | $12.4M (+10%) | before first round | 3 | unknown | D | 0% |
| 1 Dec 2021 | $11.4M | $4.16M – $31.4M | $12.5M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Jan 2022 | $11.5M | $4.20M – $31.7M | $12.6M (+9%) | before first round | 3 | unknown | D | 0% |
| 1 Feb 2022 | $11.6M | $4.23M – $31.9M | $12.7M (+9%) | before first round | 3 | unknown | D | 0% |
| 19 Feb 2022 | $555M | $365M – $929M | $611M (+10%) | after a round | 3 | unknown | B | 0% |
| 1 Mar 2022 | $557M | $365M – $929M | $611M (+10%) | after a round | 3 | unknown | B | 0% |
| 1 Apr 2022 | $561M | $365M – $929M | $611M (+9%) | after a round | 3 | unknown | B | 0% |
| 1 May 2022 | $566M | $365M – $929M | $611M (+8%) | after a round | 3 | unknown | B | 0% |
| 1 Jun 2022 | $570M | $365M – $929M | $611M (+7%) | after a round | 3 | unknown | B | 0% |
| 1 Jul 2022 | $575M | $365M – $929M | $611M (+6%) | after a round | 3 | unknown | B | 0% |
| 1 Aug 2022 | $579M | $365M – $929M | $611M (+5%) | after a round | 3 | unknown | B | 0% |
| 1 Sep 2022 | $584M | $365M – $929M | $611M (+5%) | after a round | 3 | unknown | B | 0% |
| 1 Oct 2022 | $589M | $365M – $929M | $611M (+4%) | after a round | 3 | unknown | B | 0% |
| 1 Nov 2022 | $593M | $365M – $929M | $611M (+3%) | after a round | 3 | unknown | B | 0% |
| 1 Dec 2022 | $598M | $365M – $929M | $611M (+2%) | after a round | 3 | unknown | B | 0% |
| 1 Jan 2023 | $603M | $365M – $929M | $611M (+1%) | after a round | 30 | unknown | B | 0% |
| 1 Feb 2023 | $608M | $365M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 Mar 2023 | $611M | $358M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 Apr 2023 | $611M | $341M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 May 2023 | $611M | $324M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 Jun 2023 | $611M | $308M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 Jul 2023 | $611M | $293M – $929M | $611M (0%) | after a round | 30 | unknown | B | 0% |
| 1 Aug 2023 | $611M | $279M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Sep 2023 | $611M | $265M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Oct 2023 | $611M | $252M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Nov 2023 | $611M | $240M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Dec 2023 | $611M | $228M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Jan 2024 | $611M | $217M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Feb 2024 | $611M | $206M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Mar 2024 | $611M | $196M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 Apr 2024 | $611M | $187M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 1 May 2024 | $611M | $178M – $929M | $611M (0%) | after a round | 30 | unknown | C | 0% |
| 8 May 2024 | $5.0B | $3.5B – $10.6B | $7.4B (+50%) | after a round | 30 | unknown | B | 0% |
| 1 Jun 2024 | $5.1B | $3.5B – $10.6B | $7.4B (+46%) | after a round | 30 | unknown | B | 0% |
| 1 Jul 2024 | $5.3B | $3.5B – $10.6B | $7.4B (+41%) | after a round | 30 | unknown | B | 0% |
| 1 Aug 2024 | $5.5B | $3.5B – $10.6B | $7.4B (+36%) | after a round | 43 | unknown | B | 0% |
| 1 Sep 2024 | $5.6B | $3.5B – $10.6B | $7.4B (+32%) | after a round | 43 | unknown | B | 0% |
| 1 Oct 2024 | $5.8B | $3.5B – $10.6B | $7.4B (+27%) | after a round | 43 | unknown | B | 0% |
| 1 Nov 2024 | $6.0B | $3.5B – $10.6B | $7.4B (+23%) | after a round | 43 | unknown | B | 0% |
| 1 Dec 2024 | $4.6B | $3.2B – $6.6B | $3.7B (-20%) | after a round | 30 | shrinking | B | 97% |
| 1 Jan 2025 | $4.6B | $3.2B – $6.6B | $3.6B (-23%) | after a round | 30 | shrinking | B | 97% |
| 1 Feb 2025 | $4.6B | $3.2B – $6.6B | $3.4B (-26%) | after a round | 30 | shrinking | B | 97% |
| 1 Mar 2025 | $4.6B | $3.2B – $6.6B | $3.3B (-28%) | after a round | 30 | shrinking | B | 97% |
| 1 Apr 2025 | $4.6B | $3.2B – $6.6B | $3.2B (-30%) | after a round | 30 | shrinking | B | 97% |
| 1 May 2025 | $4.6B | $3.2B – $6.6B | $3.1B (-33%) | after a round | 30 | shrinking | B | 97% |
| 1 Jun 2025 | $4.5B | $3.1B – $6.6B | $2.9B (-36%) | after a round | 30 | shrinking | B | 97% |
| 1 Jul 2025 | $4.4B | $3.0B – $6.6B | $2.8B (-36%) | after a round | 30 | shrinking | B | 97% |
| 1 Aug 2025 | $5.8B | $3.6B – $9.0B | $4.4B (-24%) | after a round | 89 | growing | B | 89% |
| 1 Sep 2025 | $6.0B | $3.6B – $9.5B | $4.6B (-23%) | after a round | 95 | growing | B | 82% |
| 1 Oct 2025 | $6.2B | $3.6B – $9.9B | $4.9B (-21%) | after a round | 100 | growing | B | 76% |
| 1 Nov 2025 | $6.3B | $3.5B – $10.4B | $5.1B (-20%) | after a round | 104 | growing | B | 70% |
| 1 Dec 2025 | $6.4B | $3.5B – $10.6B | $5.2B (-19%) | after a round | 104 | growing | B | 64% |
| 1 Jan 2026 | $6.5B | $3.5B – $10.9B | $5.4B (-18%) | after a round | 104 | growing | B | 59% |
| 1 Feb 2026 | $6.6B | $3.5B – $11.2B | $5.5B (-17%) | after a round | 104 | growing | B | 54% |
| 1 Mar 2026 | $6.9B | $3.6B – $11.6B | $5.8B (-16%) | after a round | 112 | growing | B | 50% |
| 1 Apr 2026 | $7.0B | $3.6B – $11.8B | $5.9B (-15%) | after a round | 112 | growing | B | 46% |
| 1 May 2026 | $7.1B | $3.7B – $12.0B | $6.1B (-14%) | after a round | 116 | growing | B | 42% |
| 1 Jun 2026 | $7.0B | $3.5B – $12.2B | $5.8B (-17%) | after a round | 116 | growing | C | 39% |
| 1 Jul 2026 | $7.1B | $2.9B – $12.3B | $6.0B (-16%) | after a round | 116 | up | C | 36% |
| 1 Aug 2026 | $7.2B | $2.8B – $12.5B | $6.1B (-16%) | after a round | 116 | up | C | 33% |
| 1 Sep 2026 | $7.3B | $2.8B – $12.6B | $6.2B (-15%) | after a round | 116 | up | C | 30% |
| 1 Oct 2026 | $7.7B | $3.8B – $13.3B | $6.7B (-14%) | after a round | 143 | growing | C | 28% |
| 24 Oct 2026 | $7.7B | $3.8B – $13.3B | $6.6B (-14%) | after a round | 143 | growing | C | 28% |
Key facts about Abound
- Founded
- 2020
- Headquarters
- London, United Kingdom
- Employees
- about 143 +43% in a year
- Total raised
- $2.02B
- Funding rounds
- 5
- Last round
- Debt Mar 2025
Abound was founded in 2020 by Gerald Chappell and Michelle He.
Abound funding history
Abound has 5 funding rounds on record, from Apr 2021 to Mar 2025, $2.02B in total. None disclosed a valuation.
$323M
Series B 7 May 2024
Led by GSR Ventures; with Citi.
Sources: getabound.com, openbankingexpo.com, getabound.com and 1 more
$1.00B
Debt 6 Mar 2023no round page
Led by K3 Ventures, GSR Ventures, Salica Investments; with Citi, Waterfall Asset Management.
Sources: finsmes.com, thebaehq.com
$600M
Growth Equity 18 Feb 2022
Led by Salica Investments; with Varengold Bank.
Sources: financialit.net, fintechfutures.com
$54M
Debt 15 Apr 2021no round page
With Varengold Bank.
$44M
Abound investors
7 investors have backed Abound; GSR Ventures, Salica Investments and K3 Ventures led at least one round.
- GSR Ventures lead, 2 rounds
- Citi 2 rounds
- Varengold Bank 2 rounds
- Deutsche Bank
What Abound does
Abound works in loans & financing, with 14 recorded offerings and customers in financial services.
Fintern Limited, known as Abound, is a UK consumer finance company engaged in providing low-cost, flexible lending solutions for individuals who struggle to borrow for unexpected costs, including those with limited credit history. The company serves individuals aged 18 and above with valid UK residence status and a UK bank account. Abound is authorized and regulated by the Financial Conduct Authority (FCA) and is a member of Cifas, the UK's leading anti-fraud association.
Description from Veridion's company data.
Products and services
- Personalized Lending Solutions Services
- Alternative Credit Scoring Lending Services
- Flexible Repayment Structuring Services
- Early Repayment Flexibility Services
- Payment Holiday Services
- Affordable Loan Services
- Consumer Finance Services
- Financial Health Assessment Services
- Income and Expense Analysis Services
- Credit History Assessment Services
- Unsecured Loan Services
- Flexible Loan Amount Services
- Consumer Financial Well-Being Services
- Consumer Finance Consulting Services
Markets
- Financial Services
Certifications
- FCA certified
- ICO compliant
- GDPR compliant
Business model
- Business-to-Consumer
Industry codes (NAICS)
- 522291 Consumer Lending 100% match
Questions about Abound
What is Abound worth?
Valuation $7.7B (range $3.8B to $13.3B), as of 24 Oct 2026.
Has Abound raised money?
Abound has 5 funding rounds on record, from Apr 2021 to Mar 2025, $2.02B in total. None disclosed a valuation.
Who has invested in Abound?
GSR Ventures, Salica Investments, K3 Ventures, Citi, Varengold Bank and Deutsche Bank, and 1 more. Lead investors include GSR Ventures, Salica Investments and K3 Ventures.
How many people work at Abound?
About 143, up 43% over the last year. Headcount grew from 3 in Jan 2021 to 143 in Sep 2026.
What does Abound do?
Abound works in loans & financing, with 14 recorded offerings and customers in financial services. Its main offerings are personalized lending solutions services, alternative credit scoring lending services and flexible repayment structuring services.
When was Abound founded, and where is it based?
Abound was founded in 2020 and is based in London, United Kingdom. It has about 143 employees, up 43% over the last year.