00:00 (upbeat music)
00:02 Parents are often faced with the dilemma
00:09 of having to hand teenagers cash,
00:12 whether it is for an outing with friends
00:14 or picking up school supplies.
00:16 What if there is a way for parents to transfer money
00:19 in a secure manner online
00:21 without having to set up a bank account for their child?
00:24 Founded by Sambhav Jain and Kursh Taneja in March 2019,
00:28 FamPay has received funding of $4.7 million till date.
00:32 It allows teenagers to conduct secure UPI and card payments.
00:36 Parents can monitor and transfer money to teens
00:39 through the app.
00:40 Registration and the service is free of cost
00:43 and just requires a KYC for both the parents and their team.
00:47 Till date, FamPay has issued over 50,000 cards.
00:51 So here is your chance to delight your teenage kids
00:53 with your tech solution.
00:54 Check it out.
00:57 (upbeat music)
Comments