With FamPay, minors can do UPI, P2P and card payments without the need to set up a bank account. FamPay allows parents to send money to their kids below the age of 18, which they can spend securely any time, anywhere, under parent’s supervision.
FamPay is a Y Combinator company in the Summer 2019 batch. Its directory entry describes it as: India’s first neobank for teenagers. The founders listed are Sambhav Jain (Founder), Kush Taneja (Founder) (Y Combinator directory entry, March 13, 2020).
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New accelerator entry · 2020-03-13 · the record
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With FamPay, minors can do UPI, P2P and card payments without the need to set up a bank account. FamPay allows parents to send money to their kids below the age of 18, which they can spend securely any time, anywhere, under parent’s supervision. FamPay aims at making payments smooth and fun for children.
Counted 2026-09-27 across repositories the account owns; forks are excluded.
FamPay lists 1 open role on its directory entry.
Checked away from the directory entry. What is below does not come from the company's Y Combinator page.
FamX Spending Account for everyone · Get a customised card & UPI ID · Keep your bank statements clean · Track & keep expenses in check · Open for ages 11+
The title and description the site itself served, answering 200, after redirecting from https://fampay.in. Not a cached copy and not the company's directory entry — what was live when we asked.
Hi - it's Kush. Founded FamPay at 21. Fam is the world's largest banking product designed exclusively for teenagers with 15M+ monthly active customers, and processing 1B+ txns/ month. We raised $42M+ from Sequioa, GC, DST, GreenOaks, Elevation etc Last year on becoming profitable, I stepped down from day to day operations. Onto my next adventure.
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