Fampay Solutions Private

Financial ServicesSeries ABangalore, Indiafampay.in

Latest round

Series A

Last raised

Jun 2021

Total raised

$43M

Investors

10

About Fampay Solutions Private

Founded in 2019 and based in Karnataka, India, Fampay Solutions Private Limited, also known as Fam and formerly known as FamPay, operates as a financial service provider that provides prepaid card payment solutions. The company was founded by Kush Taneja, Sambhav Jain, Harjot Singh Oberai, Aayush Gupta, Chirag Maheshwari, and Anchit Shukla. In June 2021, FamPay Inc. FamPay offers FamApp, a mobile payment application for teenagers (below 18 years of age). The firm also offers FamX, an online financial technology platform that enables teenagers and minors to get a prepaid debit card without the need to set up a bank account by linking so that they can make online and offline payments. The firm’s product line includes the FamX card, a numberless card that provides features like secure payments with tap and pay, ATM withdrawals, and in-store purchases. The company generates revenue by offering its services on a subscription-based pricing plan. The plans include classic, plus, and ultra.

Who invested in Fampay Solutions Private

10 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 16, 2021

    Amount

    $38M

    Investors

    Locked

  2. Seed

    Mar 12, 2020

    Amount

    $4.7M

    Investors

    Locked

  3. Seed

    Jul 1, 2019

    Amount

    Undisclosed

    Investors

    Locked

Questions about Fampay Solutions Private

Who invested in Fampay Solutions Private?

Fampay Solutions Private has 10 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fampay Solutions Private raised?

Fampay Solutions Private has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Fampay Solutions Private last raise money?

Fampay Solutions Private's most recent round on record is a Series A, in Jun 2021.

What does Fampay Solutions Private do?

Founded in 2019 and based in Karnataka, India, Fampay Solutions Private Limited, also known as Fam and formerly known as FamPay, operates as a financial service provider that provides prepaid card payment solutions.

Where is Fampay Solutions Private headquartered?

Fampay Solutions Private is headquartered in Bangalore, India.

Which VCs invest in companies like Fampay Solutions Private?

Among active investors with capital left to deploy, ICBC Capital Management, China Life Capital, GoHigh Capital and ABQH Shenzhen Investment Fund Management back financial services companies at Fampay Solutions Private's stage. Their profiles are linked below.

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