Abound

Abound is a financial technology company that specializes in automating and streamlining 1099 compliance for businesses. The company's platform modernizes the process of managing 1099 forms, offering a more efficient alternative to traditional methods such as FTP uploads and outdated API solutions. Abound's technology aims to save time and money for businesses by providing a more seamless taxpayer experience. In addition to its compliance services, Abound has expanded its offerings to include personal loans. The company provides loan services with competitive interest rates and a straightforward application process, catering to various needs such as debt consolidation, visa expenses, and personal purchases. Abound's loan approval and disbursement process is notably quick, with some customers reporting fund transfers within 2-4 days of application. The company's loan services are particularly accessible to individuals who may have difficulty securing loans from traditional banks, including those with less than three years of address history in the UK and international students.

Key customers and partnerships

Abound's customer base includes individuals seeking personal loans for various purposes, such as debt management, visa expenses, and large purchases. The company has gained traction among international students and UK residents who may face challenges obtaining loans from traditional financial institutions. Abound has also received positive feedback from customers who have used their services for debt consolidation and improving their financial situations.