Company Information

Get to know FypMoney

FypMoney, a product of P-Wallet Private Limited, is an Indian fintech company focused on the teenage demographic. Its mission is to foster financial literacy by providing a secure and monitored payments app and a prepaid card (in partnership with YES Bank and Visa) for adolescents. The platform allows parents to transfer funds to their children and track their expenditures, while teens can learn to manage money, conduct online and offline transactions, and engage with educational content about financial principles.

Industry

Financial Electronic PaymentPRIMARY
Financial Other Service
Financial Payment

Contact

Social

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FypMoney

India

Founded in

31 Jan 2021 (5 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.