FamPay India

formerly FamPay

India's first payments app built for teens

Bengaluru, India · Founded 2019 · $44.9M raised

Headquarters
Bengaluru
Employees
51–200
Founded
2019
Business Model
B2C
Website
fampay.in
Total Funding
$44.9M
Last Round
Extension RoundJun 2025
Rounds
7

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

About

FamPay (now FamApp by Trio) is India's first payments platform for teenagers, offering a numberless prepaid card, UPI ID, and spending account for users aged 11 and up without requiring a bank account. Parents load funds and monitor spending; teens earn FamCoins on purchases. The app has over 10 million registered users and is backed by Y Combinator, Sequoia, and Elevation Capital.

Summary

FamPay India is a Fintech company based in Bengaluru, India, founded in 2019. It has raised $44.9M in total across 7 rounds, most recently a Extension Round in Jun 2025. Investors include Sequoia Capital, Y Combinator and Elevation Capital.

Tech & App Stack

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Funding History

Extension RoundExtension RoundJun 2025

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Funding: Pre-Seed through Extension Round. Amounts, valuations, and investors where available.

Investors

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