FamPay raises $38 million in Elevation Capital-led Series A funding round
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Fintech startup FamPay has raised $38 million in s Series A funding round. The funding round was led by Elevation Capital. The other participants in the funding round included existing investor Sequoia Capital, Venture Highway, Y Combinator, Global Founders Capital, General Catalyst, Rocketship VC and Greenoaks Capital. The startup will use the fund to build the leadership team for further growth.