FamPay is India’s first neobank for teenagers and their families. With FamPay and its numberless card, minors can successfully make online (UPI & P2P) and offline payments without the need to set up a bank account.
Location: South Africa, Gauteng, Gosforth
Employees: 51-200
Total raised: $42.7M
Founded date: 2019
Investors 7
Funding Rounds 2
| Date | Series | Amount | Investors |
| 15.06.2021 | Series A | $38M | Elevation ... |
| 12.03.2020 | Seed | $4.7M | Y Combinat... |
Mentions in press and media 26
| Date | Title | Description | Source |
| 16.04.2024 | India scrambles to curb PhonePe and Google’s dominance in mo... | The National Payments Corporation of India (NPCI), the body overseeing the country’s widely used Uni... | techcrunch... |
| 27.10.2021 | Fintech firm Fampay eyes Series B fundraise at nearly $350 m... | Fampay Solutions Pvt Ltd, which provides a payments service focused on teenagers, is in discussions ... | vccircle.c... |
| 29.07.2021 | YC-backed FamPay partners with Visa to launch personalized d... | Advertisment TR Ramachandran, Group Country Manager, India, and South Asia, Visa said, “We are deli... | indianstar... |
| 18.06.2021 | Indian fintech start-up FamPay lands $38m in Series A round | FamPay, a fintech start-up aiming to build India’s first neobank for teenagers, has raised $38 milli... | fintechfut... |
| 17.06.2021 | India's FamPay raises $38m for teen-focused app | FamPay, a startup building India's first neobank for teenagers, has raised $38 million in a Series A... | finextra.c... |
| 17.06.2021 | Indian fintech startup FamPay raises US$ 38M in Series A fun... | US-based Fintech startup FamPay which provides online and offline card payments for teenagers has ra... | vcbay.news... |
| 16.06.2021 | [Funding alert] Fampay raises $38M in Series A round from El... | Teen-focused fintech startup FamPay said on Wednesday it has raised $38 million in a Series A fund... | yourstory.... |
| 16.06.2021 | Teen Neobanking Platform Fampay Raises $38 Mn In Series A Fu... | FamPay, a fintech startup aiming to build India’s first neo-bank for teenagers, has announced the fu... | inc42.com/... |
| 16.06.2021 | FamPay raises $38 million in funding from Elevation Capital,... | NEW DELHI: FamPay, a fintech startup focussed on teenagers, on Wednesday said it has raised USD 38 m... | timesofind... |
| 16.06.2021 | FamPay raises $38 million in funding from Elevation Capital,... | The firm will use the latest round of funding to build a leadership team to further fuel growth FamP... | thehindubu... |
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