With FamPay, teens can save, earn and pay using UPI, P2P, and card payments without the need to set up a bank account. They get a personalized UPI ID, a numberless prepaid card, and a payment link as well. FamPay aims at making banking smooth and fun for children. Users send money with FamPay just like they send pictures on Instagram.
Founded in 2019 by IIT Roorkee alumni and backed by some of the most respected investors around the world - Y-Combinator, Sequoia, Venture Highway, and the likes of Kunal Shah, Amrish Rao as angels. We are on a mission to drive 250 Million+ Indian teenagers on a smooth and fun-filled journey from cash to digital. We are raising a new, financially aware generation who understands the fundamentals of personal finance and is capable of making decisions in their best long-term interest.