Founded
2019
Team Size
150
Total Funding
₹120 Cr
Valuation
₹400 Cr
About
Child-friendly family payment app.
Unique Selling Proposition
Core Differentiator
A unique payment platform designed specifically for teenagers and their families.
Target Market
Teenagers aged 13-19 and their parents.
Key Innovation
Family-oriented budgeting tools integrated with secure payment solutions.
Competitive Moats
🌐Network Effects
Medium
The more families that use FamPay, the more valuable the platform becomes for its users.
⭐Brand
Strong
Establishing a trusted brand among families for financial education and safe spending.
Funding Snapshot
Free preview
₹120 Cr
Total Raised
2
Rounds
Series B
Latest · Sep 25, 2023
Backed by
Y Combinator
Peak XV Partners
Unlock the full funding history below — every round's amount, valuation & investors.
Funding History
Total Raised
2024
₹120 Cr
Lead: Y Combinator
Investors
Y Combinator
Peak XV Partners
Series B
Sep 25, 2023
N/A
Details
Financial Metrics
Funding Rounds
2
VedAI Score
638/1000
Developing
FamApp (by FamPay)
Neobanking