India based payments tool for Gen Z raised $38m in Series A funding led by Sequoia Capital India and Elevation Capital.
[Teens make up the] “most tech-savvy generation, as they haven’t seen a world without the internet...They adapt to technology faster than any other target audience and their first exposure with the internet comes from the likes of Instagram and Netflix. This leads to higher expectations from the products that they prefer to use. We are unique in approaching banking from a whole new lens with our recipe of community and gamification to match the Gen Z vibe," said Mridul Arora, a partner at Elevation Capital.
https://techcrunch.com/2021/06/15/fampay-a-fintech-aimed-at-teens-in-india-raises-38-million/