Fyp Money

Gurugram, India Founded: 2021 • Age: 5 yrs
Digital banking services for teenagers are offered via mobile app.
Annual revenue - Latest available
Total funding $3.5M 2 rounds
Employees 1 Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 6 Brand Intelligence

About Fyp Money

Fyp Money is a company based in Gurugram (India) founded in 2021 by Kapil Banwari. Fyp Money has raised $3.52 million across 2 funding rounds from investors including DreamFolks, Liberatha Kallat and Mukesh Yadav. The company has 1 employees as of April 05, 2024. Fyp Money has completed 1 acquisition, including Uniform Ventures Pvt. Fyp Money operates in a competitive market with competitors including Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

  • Headquarter Gurugram, India
  • Employees 1 as on 05 Apr, 2024
  • Founders Kapil Banwari
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Fyp Money Private Limited
  • Date of Incorporation 29 Sep, 2022
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.52 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.52 M (USD), Unspecified

    Mar 30, 2023

  • Investors
    DreamFolks

    & 3 more

  • Employee Count
    1

    as on Apr 05, 2024

  • Investments & Acquisitions
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People of Fyp Money

Headcount 10-50
Employee Profiles 6
Employee Profiles
People
Mukesh Yadav
Promoter
People
Praveen Kumar Tripathi
Team Lead – Customer Grievences
People
Taruna Bhojwani
Head of Growth
People
Mohammad Haroon Beg
Building the Future of Gen Z Finance

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Funding Insights of Fyp Money

Fyp Money has successfully raised a total of $3.52M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $1.52 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Fyp Money

Fyp Money has secured backing from 4 investors, including angel and institutional investors. Prominent investors backing the company include DreamFolks, Liberatha Kallat and Mukesh Yadav.

All
Institutional
Angel
Investor Description Founded Year Domain Location
Global aggregation of travel and lifestyle services for banking, fintech, and enterprises.
Locked Locked Locked

Liberatha Kallat

Angel investor, ex-MD of Goldman Sachs, focused on Indian startups
Locked Locked Locked

Mukesh Yadav

Angel investor and entrepreneur, founder of Finvu, focused on fintech innovation
Locked Locked Locked
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Investor details for Fyp Money

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Fyp Money

Fyp Money has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Uniform Ventures Pvt.

Investments
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Investment portfolio details for Fyp Money

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  • Portfolio identities
  • Transaction dates
  • Round details
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Online platform offering school discovery solutions
Locked Locked 2018 Locked
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Complete acquisition details for Fyp Money

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Fyp Money

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Detailed financials for Fyp Money

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Fyp Money Comparisons

Fyp Money Primary company
Description
Digital banking services for teenagers are offered via mobil...
Location
Gurugram, India
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Fyp Money

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Fyp Money

Fyp Money operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Niyo, Freo, Avail Finance, RapiPay and OneBanc Technologies, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online platform for wealth management
Locked Locked Locked
Digital banking services are offered to individual users.
Locked Locked Locked
Neobank for individuals
Locked Locked Locked
Agent-based payment solutions for businesses are provided.
Locked Locked Locked
AI-powered online banking solutions are integrated with HR workflows.
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Detailed competitors of Fyp Money

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  • Domains and locations
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Latest news on Fyp Money

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Complete news archive for Fyp Money

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Fyp Money

Fyp Money was founded in 2021.

Fyp Money is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Kapil Banwari is the current CEO of Fyp Money. They have also founded this company.

Fyp Money is a funded company, having raised a total of $3.52M across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Fyp Money is 1.

Fyp Money was founded in 2021 in Gurugram, India, as a fintech company focused on digital banking for teenagers. Deposit accounts, debit cards for payments, ATM cash withdrawals, and instant UPI transfers are provided through an app available on iOS and Android. Opportunities to earn money via partner programs, investments, and rewards are included, along with tracking of family expenditure and investment patterns.

Fyp Money's top competitors include Freo, Niyo and OneBanc Technologies.

Fyp Money has made 1 acquisition, including Uniform Ventures Pvt.

Fyp Money has 4 investors. Key investors include DreamFolks, Liberatha Kallat, Mukesh Yadav, and Dinesh Nagpal.

The valuation of Fyp Money is $2.55M as of Apr 2021.

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