On My Way • 1d
FamPay clearly knew what they were doing. Only reason why their core business of making a neo bank for Teens didn't work well is that they were too early. They were trying to promote Online Payments for teens when their parents themselves hadn't adapted it. However, now the times have changed. Adaption of online payments is crazy. They will succeed If they double down on their 'Neo Bank for Teens' approach. They are doing well when it comes to UPI.They were the 7th most used upi app as much I remember. Still, they should focus on teens more.
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