Abound

London, UK200 employeesFounded 2018Madrid

Abound is a London-based fintech company that provides responsible credit through its proprietary underwriting technology, which uses open banking data to assess affordability rather than traditional credit scores. The company offers personal loans to consumers, aiming to make lending fairer and more accessible. Abound has raised significant funding and has a growing team distributed across multiple countries, serving customers primarily in the UK.

Company History

Abound was founded in 2018 by Dr. Gerald Chappell and other colleagues to revolutionize consumer credit by leveraging open banking data and machine learning. The company launched its lending product in 2019 and has since raised over £500 million in funding, including a £400 million securitization facility in 2022. It is preparing to expand into the Spanish market, with recent job postings in Spain.

For International Professionals

  • Abound is expanding into Spain, making early hires in Madrid for roles like Risk Analyst, Data Scientist, and Software Engineer.
  • The company states it offers flexible working conditions and a supportive, high-growth environment.
  • As a fintech, Abound values data-driven approaches, meaning strong analytical and technical skills are highly sought.
  • Abound is backed by prominent institutional investors, reflecting its stable growth trajectory.
  • The Spain roles may involve collaboration with London, offering international work exposure within a multicultural team.

Open Positions (3)