What is FamPay? FamPay Review, Features

FamPay is a payment platform that focuses on providing digital payment methods for Indian youth aged 12 to 18.

About FamPay

• Through FamPay’s partnership with IDFC First Bank, users can obtain a virtual debit card provided by FamPay for consumption without having a bank account, and remittances can also be made between family shared accounts.

• In March 2020, FamPay received a seed round of financing of US$4.7 million from investors including YC, Venture Highway, Sequoia Capital (India), Global Founder Capital and some angel investors.