About Fyp Money
Fyp Money is a Financial Services company based in Gurugram (India) founded in 2021 by Kapil Banwari. Digital banking services for teenagers are offered via mobile app. Fyp Money has raised $2 million across 2 funding rounds from investors including DreamFolks, Liberatha Kallat and Mukesh Yadav. The company has 1 employees. Fyp Money has completed 1 acquisition, including Uniform Ventures Pvt. Fyp Money was last valued at $2.55 million in April 2021. Its chief executive, as recorded, is Kapil Banwari. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity in India is Fyp Money Private Limited (U72900HR2022PTC106912). Its competitors include Niyo, Freo and Avail Finance; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Gurugram, India
- Employees 1
- Founders Kapil Banwari
- Stage Minicorn
- SectorsFinancial Services
- Website fypmoney.in
- Social LinkedIn Facebook Instagram
- Legal Name Fyp Money Private Limited
- Date of Incorporation 29 Sep, 2022
- Jurisdiction Gurgaon, Haryana, India
- Total Equity Funding$2M (USD)
in 2 rounds
- Latest Funding Round$1.52M (USD), Unspecified
Mar 2023
- InvestorsDreamFolks
& 3 more
- Employee Count1
- Investments & Acquisitions
Associated legal entities of Fyp Money
Fyp Money is associated with 2 registered companies on The Company Check; the primary company is Fyp Money Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Fyp Money Private Limited CIN U72900HR2022PTC106912 | Strike Off | 29 Sep 2022 | Gurgaon, Haryana | 2 | View details | ||
| Pockket Payment Technologies Private Limited CIN U74900HR2021PTC094369 | Active | 12 Apr 2021 | Gurgaon, Haryana | ₹2.2 Cr | 13 | 5 | View details |
Apps and channels of Fyp Money
Fyp Money publishes 1 mobile app with over 1M+ downloads.
Funding Insights of Fyp Money
Fyp Money has successfully raised a total of $2M 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.
- Total Funding $2M
- Total Rounds 2
- Last Round Unspecified — $1.52M
- First Round $2M
(Apr 2021)
- Investors Count 4
All 2 funding rounds of Fyp Money with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2023 | $1.52M | Unspecified | – | – | – |
| Apr 2021 | $2M | Seed | $2.55M | Liberatha Kallat, Mukesh Yadav |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2021 | $2.55M | •••••••• |
Last known valuation $2.55M (Apr 2021). 4 investors in total: 1 institutional and 3 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Global aggregation of travel and lifestyle services for banking, fintech, and enterprises. | 2011 | dreamfolks.in | Gurugram, India | |
LK Liberatha Kallat | Angel investor, ex-MD of Goldman Sachs, focused on Indian startups | unknown_f7006492e200444c9 | ||
MY Mukesh Yadav | Angel investor and entrepreneur, founder of Finvu, focused on fintech innovation | unknown_c5b2326feb764675a | ||
DN Dinesh Nagpal | unknown_d3b84d7e27584c04a |
Investor details for Fyp Money
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Fyp Money Private Limited (Fyp Money)
Fyp Money Private Limited is the primary company behind Fyp Money. The boards of the 2 registered companies of Fyp Money currently have 6 directors; the longest-serving is Liberatha Peter Kallat, appointed in 2021. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Liberatha Peter Kallat DIN 06849062 | Managing Director | 12 Apr 2021 | 5 yrs 6 mo | Pockket Payment Technologies Private Limited |
| Dinesh Nagpal DIN 01105914 | Director | 08 Oct 2021 | 5 yrs | Pockket Payment Technologies Private Limited |
| Kapil Banwari DIN 08750274 | Director | 29 Sep 2022 | 4 yrs 1 mo | Fyp Money Private Limited |
| Taruna Bhojwani DIN 08750275 | Director | 29 Sep 2022 | 4 yrs 1 mo | Fyp Money Private Limited |
| Sunil Kulkarni DIN 02714177 | Director | 21 Sep 2024 | 2 yrs 1 mo | Pockket Payment Technologies Private Limited |
| Sandeepan Kashyap DIN 10782908 | Director | 21 Sep 2024 | 2 yrs 1 mo | Pockket Payment Technologies Private Limited |
People of Fyp Money
7 people are tracked at Fyp Money (2 in leadership, 5 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Founder & CEO | Leadership | |
| Head of Growth | Leadership | |
Mukesh Yadav | Promoter | Team |
Vanshika Thakur | Marketing Associate | Team |
Anshu K. | Corporate Sales Manager | Team |
Praveen Kumar Tripathi | Team Lead – Customer Grievences | Team |
Mohammad Haroon Beg | Building the Future of Gen Z Finance | Team |
Complete people profiles for Fyp Money
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform offering school discovery solutions | edunify.in | Lucknow, India | 2018 | Jan 2022 | •••• |
Complete acquisition details for Fyp Money
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Fyp Money
5 dated milestones of Fyp Money across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Fyp Money is founded.
- Funding First funding round of $2.0M.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Uniform Ventures Pvt.
- Funding Latest funding round, Unspecified, of $1.5M.
Competitors of Fyp Money
Fyp Money has 3 listed competitors in our database, 3 of them funded. They include Niyo, Freo and Avail Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| goniyo.com | 2015 | Bengaluru, India | $179.35M | 410 | Online platform for wealth management | |
| freo.money | 2015 | Bengaluru, India | $46.31M | 177 | Digital banking services are offered to individual users. | |
| availfinance.in | 2017 | Bengaluru, India | $38.48M | 2 | Neobank for individuals |
Detailed competitors of Fyp Money
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Fyp Money
Websites that share an audience with Fyp Money (fypmoney.in).
Websites whose visitors overlap most with Fyp Money. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tatacapital.com | 100% | 2.8M | #25,533 | View details | |
| creditdonkey.com | 80% | 94.2K | #440,636 | View details | |
| affinityplus.org | 66% | 680.7K | #84,111 | View details | |
thecardcompany.in | thecardcompany.in | 38% | #6,658,153 | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Fyp Money
Complete news archive for Fyp Money
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 CEO of Fyp Money, as recorded in our data. They have also founded this company.
Fyp Money is a funded company, having raised a total of $2M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 2021.
Fyp Money has 1 employees.
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 Avail Finance.
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.
Fyp Money is associated with 2 legal entities: Fyp Money Private Limited, Pockket Payment Technologies Private Limited.
The legal entities of Fyp Money currently have 6 directors, including Dinesh Nagpal, Liberatha Peter Kallat, Sunil Kulkarni and others.