Diligence memo · auto-generated · as of July 2, 2026
FamPay, Inc.
FamPay, Inc. looks fair against its niche peers and is dormant on financing cadence.
Businessfiled
FamPay, Inc. operates in Fintech, based in Cupertino, KA, India. India’s first neobank for teenagers
Sub-sector tags: Fintech, Payments, fintech.
Capital & rounds (filed)filed
FamPay, Inc. has raised $43M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $43M on 2021-06-04.
Most recent recorded round closed around 2021-06-04.
Valuation (modeled)modeled
Provath models FamPay, Inc. at approximately $1.1B (range $160M–$2.4B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
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.
Comparablesmixed
Capital scale ranks ahead of 96% of Fintech peers (1063 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Snapcash lending, INC, Lively, Inc., Truebill, Inc., Relay Payments Inc..
Peoplefiled
3 named people on file across officers, directors and signatories.
Risks & flagsmixed
Financing has been silent well beyond sector cadence — possibly defunct, acquired, or paused.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.