At A Glance
Tagline:
Loans made for you
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Company Description
UK AI-led fintech Abound was founded to offer low-cost, fair and flexible lending solutions which serves borrowers interests and their long-term financial health.
Lending is a cornerstone of financial services, but innovation in this space is rare.
By combining AI and open banking technology, it has unlocked credit for the ‘hidden prime’ (over 10 million underserved consumers in the UK).
By analysing a richer, more accurate set of data, it not only lowers interest rates but also reduces defaults by 70 per cent compared to traditional methods.
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Commodity Quay,
1st Floor, London,
England
E1W 1AT, GB
1st Floor, London,
England
E1W 1AT, GB