Payments app for young users in India
fampay.com (opens in a new tab)FamApp enables online and offline payments through UPI and its FamCard, built for young users in India who are entering the financial system for the first time and are poorly served by products designed around existing bank relationships. Founded in 2019 by IIT Roorkee alumni, the company operates in a market where UPI has made digital payment ubiquitous while access to cards and credit for younger users has lagged well behind. It offers staff a generous leave policy alongside salary advance and loan support, quarterly recognition programmes and retirement benefits.