Fam

Overview

Also known as FamPay or FamApp, this Indian fintech startup, founded in 2019 and based in Bengaluru, operates as a neobank designed for teenagers. It enables secure, accessible digital payments for minors without the need for traditional bank accounts.

The platform provides under-18 users functionalities such as UPI transfers, peer-to-peer and card payments, all with parental supervision and controls. Parents can send money to their children who benefit from a controlled, teen-focused banking experience, digital/physical cards, and spending oversight. Recognized as a Y Combinator Summer 2019 participant, Fam aims to introduce young Indians and their families to safe, innovative financial tools.

Basic Information

Contact Details

• Phone: +91 80471 93402
• Website: famapp.in
• LinkedIn: linkedin.com/company/famappbytrio

Key Focus Areas & Initiatives

• Fintech for children and teenagers
• Neobank experience for minors
• Digital wallet with parental controls
• Peer-to-peer and card payments
• Child and teen financial literacy
• Payment processing and digital transaction infrastructure
• Reward and cashback programs
• Financial inclusion for youth
• Secure, supervised digital payments
• Mobile banking and app-based money management
• UPI payments and payment gateway
• Expense tracking and spending controls
• Gamified banking with parental oversight

Technologies Used

• AI
• Amazon AWS
• Amazon SES
• CloudFlare
• CloudFlare Hosting
• Cloudflare DNS
• Gmail
• Google Apps
• Google Tag Manager
• Intercom
• MailJet
• Microsoft Office 365
• Mobile Friendly
• Nginx
• Razorpay
• React
• React Redux
• Remote
• Reviews
• Route 53
• Vercel

Affiliated Organizations & Regional Branches