About Fab Money
Fab Money is a Financial Services company based in Mumbai (India) founded in 2024 by Abhishek Kothari. Prepaid card providing 1 cashback on everyday purchases at local and national brands. It operates on a B2C model. The company has 40 employees. Its Indian entity Fab Money Technologies Private Limited reported revenue of ₹74.6 Lakh. Fab Money offers products and services including Fab Money Card and Fab Money App. Its focus areas include FinTech, Payment Solutions, Prepaid Cards and Rewards and Cashback. Its competitors include CityCash, PhoneParLoan and Anvi; 2 of its 3 listed competitors have raised funding.
Company details
Fab Money is a prepaid city rewards card that enables users to earn 1 cashback on every transaction without any fees. It operates in Indian cities like Lucknow, Indore, and Mumbai, allowing money addition from any bank for secure payments. The card partners with local and national brands for exclusive deals, powered by RuPay for safety. It focuses on rewarding daily spending while maintaining user convenience and transparency.
- Headquarters Mumbai, India
- Employees 40
- Founders Abhishek Kothari
- SectorsFinancial Services
- Email••••••••
- Website fabmoney.in
- Social LinkedIn Facebook Instagram YouTube
- Legal Name Fab Money Technologies Private Limited
- Date of Incorporation 10 Jun, 2022
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹74.6 Lakh
FY 2025 · +169% YoY
- Net Loss-₹1.68 Cr
FY 2025 · -225% margin
- EBITDA-₹1.61 Cr
FY 2025 · -216% margin
- Employee Count40
Associated legal entities of Fab Money
Fab Money operates through Fab Money Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fab Money Technologies Private Limited CIN U74999MH2022FTC384331 | Active | 10 Jun 2022 | Mumbai, Maharashtra | ₹0.7 Cr | 40 | 2 | View details |
Products & Services of Fab Money
Fab Money offers a comprehensive portfolio of products and services, including Fab Money Card and Fab Money App.
Prepaid card for earning 1% cashback on transactions
App to manage finances and access rewards programs
Apps and channels of Fab Money
its YouTube channel Fab Money has 228 subscribers and 30 videos.
Videos from Fab Money
The most watched videos on Fab Money's YouTube channel, Fab Money (228 subscribers). Click a video to play it here.
More on Fab Money.
Board of directors of Fab Money Technologies Private Limited (Fab Money)
Fab Money Technologies Private Limited is the primary company behind Fab Money. The board of Fab Money Technologies Private Limited currently have 2 directors; the longest-serving is Abhishek Kothari, appointed in 2024. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Abhishek Kothari DIN 07823581 | Director | 02 Jan 2024 | 2 yrs 9 mo | Fab Money Technologies Private Limited |
| Sneha Kumari Beriwal DIN 10480740 | Director | 05 Feb 2024 | 2 yrs 8 mo | Fab Money Technologies Private Limited |
People of Fab Money
1 people are tracked at Fab Money (1 in leadership); the tracked headcount is 40.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership |
Complete people profiles for Fab Money
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Fab Money
Figures of Fab Money Technologies Private Limited, the primary company behind Fab Money, for FY 2025. Revenue was ₹74.6 Lakh (+169% year on year). Net loss was -₹1.68 Cr (-225% margin). EBITDA was -₹1.61 Cr (-216% margin).
- ₹74.6 LakhRevenue · FY 2025 · +169% YoY
- -₹1.68 CrNet loss · -225% margin
- -₹1.61 CrEBITDA · -216% margin
- ₹14.50 CrPaid-up capital
- 40Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Fab Money Technologies Private Limited are on its company page.
Detailed financial statements for Fab Money
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Competitors of Fab Money
Fab Money has 3 listed competitors in our database, 2 of them funded. They include CityCash, PhoneParLoan and Anvi.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| citycash.in | 2017 | Mumbai, India | $4.73M | 41 | Tap-to-pay solutions are developed for retail, transit, and government payments. | |
| phoneparloan.in | 2015 | Delhi, India | $611,171 | Personal loans are provided via an online marketplace for consumers. | ||
| anvi.ai | 2022 | Delhi, India | Provides AI-driven banking, payments, loans, and financial inclusion for unbanked individuals. |
Detailed competitors of Fab Money
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Top companies in Travel Fintech
3 companies that operate in the same segment as Fab Money (Travel Fintech) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Digital payment services via UPI, cards, and wallets. | 2019 | Bengaluru, Karnataka, India | USD 8.79 | 74 | ||
Provides an app-based platform for group expense sharing and bill splitting. | 2015 | Bengaluru, Karnataka, India | USD 2.47 M | 177 | ||
Offers agent-based solutions for secure payment processing. | 2015 | Ludhiana, Punjab, India |
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Related news about Fab Money
Complete news archive for Fab Money
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Frequently Asked Questions about Fab Money
Fab Money was founded in 2024.
Fab Money is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Fab Money has 40 employees.
The primary company behind Fab Money, Fab Money Technologies Private Limited, reported revenue of ₹74.6 Lakh for FY 2025, up 169% year on year.
Fab Money is a prepaid city rewards card that enables users to earn 1 cashback on every transaction without any fees. It operates in Indian cities like Lucknow, Indore, and Mumbai, allowing money addition from any bank for secure payments. The card partners with local and national brands for exclusive deals, powered by RuPay for safety. It focuses on rewarding daily spending while maintaining user convenience and transparency.
Fab Money's top competitors include CityCash, PhoneParLoan and Anvi.
Fab Money offers Fab Money Card and Fab Money App.
Fab Money operates through Fab Money Technologies Private Limited.
The legal entities of Fab Money currently have 2 directors, including Abhishek Kothari, Sneha Kumari Beriwal.