Fampay news and trends

Today In Digital-First Banking: Novo Lands $40.7 Million; FamPay Notches $38 Million
Digital-First Banking // June 16, 2021

In today’s top news in digital-first banking, Novo has notched $40.7 million in venture capital, while India’s FamPay has landed $38 million in venture capital. Plus, Mexican FinTech Credijusto has purchased Mexico City-based Banco Finterra. FinTech Novo Grabs $40.7 Million To Fuel Growth Novo, which...

Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products
Investments // June 16, 2021

India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based FamPay said the funding round was led by Elevation Capital. The company said it will use the cash to build...

Family-Friendly Digital Payment App FamPay Raises $4.7M
Investments // March 12, 2020

FamPay, a Bengaluru, India-based digital payment app that lets parents pay and supervise financial activity for their underage kids, has raised $4.7 million in a funding round, according to reports. The round was led by Y Combinator, Venture Highway, Sequoia India and Global Founders Capital....

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Digital Bank FamPay Pulls in $38 Million For Teen-Focused Products

June 16, 2021
India’s FamPay, a startup that is building a digital bank aimed at teenagers, has collected $38 million in venture capital. In a blog post, Bengaluru-based FamPay said the funding round was led by Elevation Capital. The company said it will use the cash to build its team and further fuel growth. “India today has a […]

Family-Friendly Digital Payment App FamPay Raises $4.7M

March 12, 2020
FamPay, a Bengaluru, India-based digital payment app that lets parents pay and supervise financial activity for their underage kids, has raised $4.7 million in a funding round, according to reports....