India's first payments app built for teens
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.
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Jun 2021
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