FamPay

FamPay is a Y-Combinator and WeWork Labs backed Indian company building the future of banking and finance for children in India.

FamPay is aiming to drive 250M+ teenagers on a journey from cash to digital.

FamPay was founded in 2019 by Kush Taneja and Sambhav Jain. The company is headquartered in Bangalore, Karnataka, India.

 

FamPay is a family-friendly payment app that’s safe for children to use. Parents send money to the children in a new, faster and seamless way. The company believes that financial education from an early age is crucial to guarantee a healthy financial adult life.

 

FamPay has raised $4.7M in a Seed round on Mar 12, 2020. The investment was backed by Y Combinator, Venture Highway, Sequoia India and Global Founders Capital (GFC).

 

 

  • Year founded: 2019
  • Funding Info: $4.7M over 1 Round (Funding Type: Seed- Series Unknown)
  • Yearly Revenue: NA
  • Employee Size: 11-50
  • Business Valuation: NA
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
Related businesses