
Fam, formerly known as FamPay, is India's first payments app designed for individuals above the age of 11. The FamApp enables seamless online and offline payments through UPI and FamCard. Founded in 2019 by IIT Roorkee alumni, Fam is backed by prominent investors including Elevation Capital, Y-Combinator, Peak XV (Sequoia Capital) India, Venture Highway, Global Founder’s Capital, and notable angel investors such as Kunal Shah and Amrish Rao.
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Fampay is a pioneering Indian fintech company focused on empowering teenagers with safe, smart, and responsible digital financial tools. Founded in 2019, Fampay offers a unique payment platform and a prepaid card designed specifically for teens, enabling them to make online and offline transactions under parental guidance. The company's mission is to drive financial literacy and independence among the youth, bridging the gap between traditional banking and the digital-first generation.
With a team of over 100 employees, Fampay has rapidly gained traction, amassing millions of users across India. The platform provides features such as UPI payments, peer-to-peer transfers, and expense tracking, all within a secure, parent-monitored environment. Fampay has received significant backing from prominent investors like Sequoia Capital and Y Combinator, and was recently recognized for its innovative approach to youth banking in India’s burgeoning fintech landscape.
Websitefampay.in