Summary:
Gurgaon-based Fintech startup Fyp has announced the pre-launch signing-up of their money management product for the GenZ segment between the age group of 11-18 years of age. The start-up aims to change the pocket money management concept in India, and help parents to make their kids develop with financial literacy concept and become financially independent at an early age. The kids, by using the Fyp app, can do all financial transactions, both online and offline, securely through the Fyp app and Fyp Prepaid Card. The fintech firm aims to have 1 million users of the Neo-banking app by the end of calendar year. The fintech venture is working towards creation of innovative payments solutions and NEO Banking products specifically catering the Teenager segment..