Who is Abound?
Abound is a UK-based financial technology company committed to making personal lending more accessible and fairer for consumers. The company, formerly known as Fintern, was founded to address the limitations of traditional credit scoring models.
Instead of relying solely on credit scores, Abound analyses a borrower’s overall financial situation, including income, spending habits, and affordability, to provide a more accurate and inclusive lending experience.
The company was co-founded by Gerald Chappell (Chief Executive Officer) and Dr. Michelle He (Chief Operating Officer), with Dr. Alan Cathcart serving as the Chief Compliance Officer and Money Laundering Reporting Officer.
The idea behind Abound originated when Dr. Michelle He moved to the UK and struggled to obtain a loan despite having a stable job. Recognising the limitations of conventional credit assessments, she and Gerald Chappell, an expert in digital lending and credit analytics, decided to create a lending solution that evaluates borrowers more holistically.
Abound operates under Fintern Limited and is headquartered in London, United Kingdom. The company is also dedicated to social responsibility, making donations to the charity Spread a Smile with every loan issued.
What is Abound’s Capital and Turnover?
Abound has rapidly established itself as an innovative and influential player in the UK’s financial services sector. While specific details regarding its capital and turnover are not publicly disclosed, the company has garnered strong financial backing from investors and institutions that support its mission of responsible lending.
By leveraging cutting-edge technology and advanced credit analytics, Abound operates efficiently, reducing the need for traditional financial intermediaries. This not only enhances its operational stability but also enables it to offer more competitive rates and accessible loan options to a wider audience.
What Services and Features Does Abound Offer?
Abound offers a range of flexible and fair loan options designed to cater to different financial needs. Its unique approach to lending ensures that consumers receive personalised loan offers based on real affordability rather than outdated credit scoring models.
Loan Offerings
| Loan Amount | Repayment Term | Representative APR | Total Repayable |
| £2,000 – £10,000 | 12 to 36 months | 25.8% | Varies based on amount |
Key Features of Abound Loans
1. Affordability-Based Lending
Abound’s lending model is built on analysing a borrower’s real financial behaviour. By assessing income, spending patterns, and monthly affordability, the company ensures that loans are issued based on an individual’s actual ability to repay rather than just a credit score.
2. Fast and Simple Application Process
Customers can apply for a loan online through Abound’s website. The process is streamlined, requiring minimal paperwork, and approvals are faster than traditional bank loans.
3. Flexible Repayment Terms
Borrowers can select repayment periods ranging from 12 to 36 months, allowing them to manage their finances more effectively.
4. Transparent and Fair Interest Rates
Abound maintains a representative APR of 25.8%, ensuring that customers are aware of the total cost of borrowing with no hidden fees or charges.
5. Social Impact and Community Contribution
For every loan issued, Abound makes a donation to Spread a Smile, a charitable organisation that supports children undergoing medical treatment. This initiative reflects the company’s commitment to social responsibility and giving back to the community.
How Can You Contact Abound?
Abound provides multiple channels for customer support and inquiries.
Registered Office Address
Fintern Limited (Trading as Abound)
3rd Floor, 86-90 Paul Street,
London, EC2A 4NE,
United Kingdom
Customer Support Contact Details
- General Enquiries: 020 3443 8881
- Money Support: 012 7144 4027
- Webchat: Available through the official website
- Message: Customers can send inquiries via the online contact form
Operating Hours: Monday to Friday: 9:00 AM – 5:00 PM
Abound ensures that its customer support team is readily available to assist borrowers with their loan applications, repayments, and any other financial concerns.
Where Can You Find Abound on Social Media?
Abound maintains an active presence on social media platforms, where it shares updates on financial services, lending policies, and customer support initiatives.
For more information, visit their official website: www.getabound.com
Customers can also follow Abound on various platforms for the latest updates and engagement opportunities:
- LinkedIn: https://www.linkedin.com/company/getabound
By staying connected on social media, customers can access valuable financial education, company news, and support services in real time.
Why Should You Choose Abound for Your Loan Needs?
Abound is redefining personal lending in the UK by prioritising fairness, transparency, and accessibility. Unlike traditional banks that rely on rigid credit scoring methods, Abound evaluates borrowers based on their actual financial situation, ensuring that more people have access to responsible and affordable credit.
Key Reasons to Choose Abound
- More Inclusive Lending Criteria: Loans are assessed based on real financial behaviour rather than just credit scores.
- Fast and Hassle-Free Application: Online applications are simple, with quick decisions and minimal paperwork.
- Flexible Repayment Plans: Borrowers can choose repayment terms that suit their financial situation.
- No Hidden Fees: Transparent pricing ensures that customers know exactly how much they will repay.
- Social Responsibility: Every loan issued contributes to a charitable cause.
Whether you need to consolidate debts, finance a major purchase, or build your financial stability, Abound offers a data-driven, fair, and socially responsible lending solution tailored to your needs.
For those seeking a smarter, more personalised way to borrow money, Abound is a leading choice in the UK’s fintech lending market.
