Companies · Fintech

FamPay, Inc.Summer 2019Active

Cupertino · KA, India · Fintech · refined from filed group “Other Technology · founded 2020 · https://fampay.in

Diligence memoA one-page analyst read on FamPay, Inc. — recommendation, valuation, rhythm, risks.
$43.1M
Total raised · real
1
Rounds
Latest step-up
Top 5%
Sector rank · raised
Series C
Latest stage · inferred · Fri Jun 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

FamPay, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.94× the median modeled value of Series C Fintech companies in 2019–2021 (5 peers) — value vs value, same stage and era.
  • Within the normal band (94% of peer median) for its niche.
Dormant
  • Last raise 5.1 yr ago; this sector typically re-raises about every 12 months.
  • Only one round on record and long silent — often defunct, acquired, or gone quiet.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

FamPay, Inc. is one of 1063 Fintech companies tracked from Cupertino, KA, India, on record since 2020. By capital raised it ranks among the largest (ahead of 96% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

India’s first neobank for teenagers

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.

FintechPaymentsfintech
Find FamPay, Inc. online

As reported in public records reported — not modeled.

IN
Jurisdiction
Rule 506(b)
Reg D exemption
36
Investors (latest)
2019
Year incorporated
2021-06-04
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries C · 2021-06-04 Raised $43M (real) Modeled valuation $1.0B (est)$43M$1.0BSeries C2021

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$43.1M · 2021

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$1.0B
Base estimate est.
$160.1M
Conservative case
$2.4B
Upside case
$287.6M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
75%
Survival probability
56% low · 86% high
1.37×/yr
Annual markup
1.57×/yr upside case
5.1 yr
Elapsed time used
5.1 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
5.1 yr
On record since
2021
First round
1
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 10× above median
This company$43.1M
Sector median$4.3M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.8× of median
This company$43.1M
Sector median$54.7M
Modeled value — vs sector median (estimate, all stages) 23× above median
This company$1.0B
Sector median$45.0M

Raised more than 96% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #5 of 5.

This companyCohort peer
$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Snapcash lending, INC · Series C Raised $100.0M · modeled $3.2B (est)Lively, Inc. · Series C Raised $117.1M · modeled $1.8B (est)Truebill, Inc. · Series C Raised $84.5M · modeled $1.1B (est)Relay Payments Inc. · Series C Raised $87.7M · modeled $1.1B (est)FamPay, Inc. (this company) Raised $43.1M · modeled $1.0B (est)FamPay, Inc.
CompanyStageRaised · realValue · estvs peer med.
Snapcash lending, INCSeries C$100.0M$3.2B2.90×
Lively, Inc.Series C$117.1M$1.8B1.61×
Truebill, Inc.Series C$84.5M$1.1B1.00×
Relay Payments Inc.Series C$87.7M$1.1B0.94×
FamPay, Inc. this companySeries C$43.1M$1.0B0.94×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$43.1M2021-06-04$287.6M$1.0B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series C$43.1M2021-06-04
    • First recorded raise — entered as Series C.
    • 36 investors on this round.
Intelligence
Modeled next raise
$69.0M
Modeled next size est.range $44.9M$110.4M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Kush Taneja2021-06
Mridul Arora2021-06
Sambhav Jain2021-06
Registry & provenance

FamPay, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
IN
Jurisdiction
1868376
SEC CIK
2019
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Grin, Inc.FintechSeries C$45.7M$1.5Bsame sector · same stage
New Gables Capital Lending II, LLCFintechSeries C$50.0M$1.6Bsame sector · same stage
R.E.D.D. Carbon Credit Harvesting I, Inc.FintechSeries C$50.0M$781.9Msame sector · same stage
AccionFintechSeries C$61.6M$395.7Msame sector · same stage
ValuFintechSeries C$63.6M$362.5Msame sector · same stage
Truebill, Inc.FintechSeries C$84.5M$1.1Bsame sector · same stage
Relay Payments Inc.FintechSeries C$87.7M$1.1Bsame sector · same stage
MoniepointFintechSeries C$110.0M$924.9Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Z1
Digital bank for teenagers in LatAm connected to prepaid card
Fintech77%
CheqUPI
India's first UPI wallet for foreign nationals and NRIs
Fintech76%
Akudo
India's first learning-focused neobank for teenagers
Fintech75%
PayCrunch
Credit Card for college students based on UPI.
Fintech75%
Orca
SA’s Orca raises $550k to fight fraud in emerging markets 0 By Tom Jackson on May 29, 2024 News , Southern Africa South African startup Orca Fraud has closed an oversubscribed pre-seed round of US$550,000 which it plans to use to protect emerging markets from fraud. Founded in January by Thalia Pillay and Carla Wilby, Orca empowers fraud analysts and compliance officers at banks and fintechs with the tools they need to effectively combat various types of fraud.
FintechPre-Seed$2.8M74%
Emigre
Banking in India for Indian expats (NRIs)
Fintech74%
TAG
TAG is the First Digital Bank (Chime/Revolut/N26) for Pakistan
Fintech73%
Cashfree Payments
Next-gen digital payments provider for India.
Fintech73%
Frequently asked
How much funding has FamPay, Inc. raised?
FamPay, Inc. has raised approximately $43.1M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is FamPay, Inc.'s estimated valuation?
Provath's modeled valuation for FamPay, Inc. is approximately $1.0B (modeled range $160.1M–$2.4B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is FamPay, Inc. at?
FamPay, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Fri Jun 04.
What does FamPay, Inc. do and where is it based?
FamPay, Inc. operates in the Fintech sector, based in Cupertino, KA, India. India’s first neobank for teenagers
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