MUMBAI, India and SAN FRANCISCO, April 6, 2026 /PRNewswire/ — Abound, a financial super-app for Non-Resident Indians (NRIs) backed by The Times of India Group, has launched its AI Financial Autopilot, marking a significant evolution in how users manage their finances across borders. Developed in collaboration with NEAR AI, this innovative product employs an AI agent to automatically handle remittances, bill payments, and various financial tasks, relieving users of the complexities typically associated with managing money across different countries.
The AI Financial Autopilot utilizes NEAR AI’s agent technology alongside IronClaw, a secure execution system, tailored for the 32 million Indians residing abroad. These individuals send home over $125 billion annually while simultaneously managing bills, investments, and family obligations in two different countries. The challenges of cross-border money management include the need to monitor exchange rates, coordinate payments for loans and utility bills, and keep track of investments in multiple currencies—tasks often exacerbated by time zone differences.
“We’ve spoken to countless NRIs who stay up until 3 AM watching exchange rates or who miss an EMI because they were traveling,” stated Nishkaam Mehta, CEO of Abound. “With the AI Financial Autopilot, that stress disappears. You set your preferences once, and the system handles the rest, quietly and reliably. Your financial life just runs in the background.”
The AI Financial Autopilot aims to streamline several financial tasks. Users can set parameters for when money should be sent abroad to ensure optimal exchange rates, eliminating the guesswork involved in timing transactions. Additionally, it automates bill payments—from EMIs to school fees and utilities—ensuring that these obligations are fulfilled consistently and punctually. The system also monitors users’ NRE and NRO bank accounts, reallocating funds to more lucrative options when available. For personal needs, it provides assistance in sending gifts and managing other obligations, all visible through a comprehensive dashboard that offers real-time insights into users’ financial positions across countries.
“NRIs are among the most financially active people in the world, managing accounts, remittances, and investments across two countries, often alone and across time zones,” noted Sunit Agarwal, Product Lead at Abound. “We built this so they don’t have to carry that weight anymore. Not just smarter alerts, but a system that genuinely acts on their behalf.”
Security features are central to the AI Financial Autopilot. Abound has integrated IronClaw, ensuring that every action taken by the AI agent is verifiable and traceable, with protective measures in place to safeguard sensitive financial data. This partnership fuses Abound’s deep understanding of the unique financial challenges faced by NRIs with NEAR AI’s expertise in developing reliable AI systems, focusing on creating automation that users can trust.
Abound has already established a user base of more than 800,000 NRIs and has processed upwards of $500 million in remittances. With the introduction of the AI Financial Autopilot, the company is expanding its services from simple money transfers to a comprehensive financial platform that encompasses cross-border investing, banking, savings, and financial planning tailored for Indians living abroad.
The AI Financial Autopilot will be accessible to all Abound users via a freemium model, allowing newcomers to start without any initial cost. The full rollout is scheduled for April 6, 2026, with Abound positioning itself as the preferred financial application for Indians globally—an all-in-one platform where an AI agent manages financial tasks seamlessly.
“Our goal is simple: to become the default financial platform for Indians globally. The future of cross-border finance is not just faster transactions. It is smarter systems that work for you, around the clock, without asking for anything in return,” said Mehta.
As the financial landscape continues to evolve, Abound’s AI Financial Autopilot may reshape how NRIs approach their financial management, potentially reducing the burdens often associated with transnational banking and investment activities.
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