
FamPay India
formerly FamPayIndia'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
- $2.0M SeedJun 2025
- Rounds
- 7
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 an Apps company based in Bengaluru, India, founded in 2019. It has raised $44.9M in total across 7 rounds, most recently a $2.0M Seed round in Jun 2025. Investors include Sequoia Capital, Y Combinator Continuity Fund and Elevation Capital.
Tech & App Stack
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Funding History
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Jun 2025
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Investors
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