fampay
6 ARTICLES
Why has RBI ramped up scrutiny of third-party tech partnerships?
Ambiguous technology tie-ups between regulated entities and third-party platforms pose complex regulatory challenges.
04 Jul 2023
FamPay crisis deepens after NPCI’s new directive on UPI
Just months after it moved customers to its TrioTech wallet, the pocket money app would likely have to wind down its UPI offering by 30 June.
27 Jun 2023
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
