FamPay is a financial technology company headquartered in Bengaluru, India and was founded in 2019 by IIT Roorkee graduates. The company offers a family-oriented payment application enabling teenagers to receive money from their parents and spend it digitally without opening a bank account. FamPay is only offering its services to children and teenagers in India, and believes their platform will help financial educate children so they can live a healthy financial adult life.
FamPay is backed by Y Combinator and WeWork Labs.
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