fampay
3 ARTICLES

FamPay’s TrioTech bet misfires
The pocket money app ditched a recognized bank in favour of a little-known non-bank entity to serve as its prepaid wallet partner. It has lost customers and credibility as a result.
15 May 2023
FamPay eyes UPI for survival
Unable to make or raise money, the pocket money app is transitioning into a UPI-based payments platform that will no longer be exclusive to teens and their parents.
24 Apr 2023
FamPay stutters, with no revenue model in sight
The pocket money app is struggling to make money or find investors. Will becoming a neobank help?
25 Jan 2023