CFPB · Single-product concentration
Abra
93 CFPB complaints · 94.6% in "Money transfer, virtual currency, or money service" · top issue Fraud or scam.
Abra: 94.6% of 93 CFPB complaints sit in "Money transfer, virtual currency, or money service". Timely 40.9% · relief 2.2%. Allegations, not findings.
- Single-product concentration
- +166.7% filings 2021 to 2026
CFPB relief outcome brief
CCDB company abra
2.2% relief · 40.9% timely · 93 filings · Money transfer, virtual currency, or money service
Same-product relief peers
Nearest relief peer: DApps Platform, Inc. (2.2% relief)
Abra closes 2.2% with relief, above the 1.3% industry median among companies with ≥10 complaints. How CFPB response codes work →
Most of Abra's 93 filings include narrative text
71% carry a written consumer narrative, this ledger is unusually text-rich for a CFPB company page. Counts still add to the company's total filings; narrative presence is not a severity finding.
CFPB benchmark: response within 15 calendar days of filing.
Share closed with monetary or non-monetary relief.
Abra complaint mix by product
- Money transfer, 88 94.6% – 1% relief
- Checking or 2 2.2% – 0% relief
- Credit reporting, 1 1.1% – 0% relief
- Payday loan, 1 1.1% – 0% relief
- Credit card 1 1.1% – 100% relief
How Abra's 93 complaints split across CFPB product categories. Resolution rate badge = % closed with monetary or non-monetary relief.
Complaints by Product
| Product | Complaints |
|---|---|
| Money transfer, virtual currency, or money service | 88 |
| Checking or savings account | 2 |
| Credit reporting, credit repair services, or other personal consumer reports | 1 |
| Payday loan, title loan, personal loan, or advance loan | 1 |
| Credit card or prepaid card | 1 |
Where Abra complaints are filed
Top states by attributed CFPB complaint volume for this company
- Leading state
- CA
- 10.8% of this company's filings
Abra rising annual filings
Annual filing volume from the CFPB public database
- 2026
- 8
- +166.7% vs 2021
Top States
| State | Complaints |
|---|---|
| CA | 10 |
| IL | 4 |
| TX | 3 |
| FL | 3 |
| NV | 2 |
| MD | 2 |
| MS | 2 |
| HI | 2 |
| VA | 2 |
| MO | 1 |
| NH | 1 |
| ME | 1 |
| AL | 1 |
| LA | 1 |
| GA | 1 |
| MN | 1 |
| IA | 1 |
| UNITED STATES MINOR OUTLYING ISLANDS | 1 |
| NC | 1 |
| OH | 1 |
Top Issues
| Issue | Complaints |
|---|---|
| Fraud or scam | 28 |
| Money was not available when promised | 25 |
| Other transaction problem | 19 |
| Trouble accessing funds in your mobile or digital wallet | 6 |
| Other service problem | 3 |
| Managing, opening, or closing your mobile wallet account | 3 |
| Wrong amount charged or received | 2 |
| Problem with a company's investigation into an existing issue | 1 |
| Opening an account | 1 |
| Property was sold | 1 |
| Problem with customer service | 1 |
| Managing an account | 1 |
| Trouble using your card | 1 |
| Unauthorized transactions or other transaction problem | 1 |
Yearly Trend
| Year | Complaints | Timely |
|---|---|---|
| 2021 | 3 | 100% |
| 2022 | 12 | 75% |
| 2023 | 7 | 42.9% |
| 2024 | 18 | 83.3% |
| 2025 | 45 | 8.9% |
| 2026 | 8 | 50% |
Source: CFPB Consumer Complaint Database
Abra filings cluster in one product
Abra's 93 logged complaints stay concentrated: only 23 states show a filing. 71% of filings carry a written consumer narrative, an unusually well-documented record. Records run from 2021 through 2026-06-23.
Abra answers 40.9% of complaints inside the CFPB's tracked window and closes 68.8% with a written explanation. 2.2% end in monetary or non-monetary relief for the consumer. Consumers disputed just 0% of responses after the company replied. "Money transfer, virtual currency, or money service" draws the most filings, most often for "Fraud or scam."
A complaint is a consumer-reported allegation, not proven wrongdoing. See the disclaimer below for how volume relates to company size, and cross-check against the CFPB Consumer Complaint Database directly before drawing conclusions about Abra.
Compare beyond geography
Nationwide peers by volume & timely response
Two PlainComplaint-derived comparison paths for Abra: nearest filing volume and nearest CFPB timely-response rate among companies with at least 100 logged complaints. State breakdowns above stay geographic; these neighborhoods vary by metric.
Similar filing volume
Nearest companies by total CFPB complaints. This record: 93.
Similar timely response rate
Nearest companies by CFPB 15-day timely-response %. This record: 40.9%.
Disclaimer: This data is from CFPB public records. PlainComplaint does not provide financial advice. A complaint does not indicate that a company has violated any law or regulation. Complaint volumes are influenced by company size, customer base, and market presence. Use this data as one of many inputs when evaluating a company.
Data sourced from official public datasets for Abra (40.9% timely; 2.2% relief). methodology.
Retrieved and formatted by PlainComplaint · vintage June 2026 · Single-product concentration