K3 Ventures, GSR Ventures and Hambro Perks led a $601m round in Abound.

K3 Ventures, GSR Ventures and Hambro Perks, three investment firms, led a $601m round in Abound, a consumer lending service. “The lending industry is dominated by old practices, like traditional credit scoring, which ignore technological developments of the last decade. Abound is delivering a unique product and a differentiated approach which is already proving itself to work for thousands of customers. We are excited to see Abound’s offer grow in the years ahead," Kuok Meng Xiong, K3 Ventures CEO.