Abound Surpasses $500 Million in Remittance Volume, Unveils Global Indian Financial Super-App Roadmap

27 August 2026 | Thursday | News

Backed by Times Internet, Abound plans to expand beyond US-India remittances with a multi-currency wallet, savings and investment products, and AI-powered financial services built on Monad.
Picture Courtesy | Public Domain

Picture Courtesy | Public Domain

Abound, the super-app for Indians in the US backed by Times Internet (Times of India Group), grew past $500 Million in remittance volumes served in the last year, with US and India markets accounting for the bulk of volumes. Abound is excited to announce the next phase of products being built to serve the global Indian diaspora better. The next chapter will be built on Monad, the next-generation Layer 1 blockchain enabling open access to fair financial markets. With Monad's technology, it is the best option for Abound's use cases.

A New Roadmap for the global Indian

Building on this momentum, Abound unveiled the next chapter of its product vision:

  • A new wallet product: a single home for Indians overseas to hold, move, and manage money across both countries' multi-currency balances, and instant transfers between US and India accounts, with support for more countries coming soon. Waitlist opens soon; the product launches in Q3 2026.
  • New ways to earn and save: interest-bearing savings and investment accounts, giving NRIs more ways to put their money to work.
  • AI agent-led workflows, including the agentic payment protocol x402 to power the next chapter of Abound's upcoming product suite. Monad Foundation is a premier member of the x402 Foundation.

"Abound has become the platform Indians in the US trust to move money home; we have moved $500 million since launch" said Nishkaam Mehta, CEO, Abound. "This roadmap is about building agents to seamlessly manage the NRIs entire financial life, with the trust of our community at the center of everything we do."

"Abound is embarking on an ambitious journey to build a full set of agentic financial services and cross border platform for NRIs along its distribution via Times of India. We're excited to see Abound leverage Monad's technology to help accelerate at their efforts into the next chapter," said Raj Parekh, Head of Payments & Stablecoins.

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