What is Stable Money?
Stable Money operates as a digital platform designed to streamline the process of investing in fixed deposits (FDs) across a diverse range of banks and non-banking financial companies (NBFCs) within India. The company aims to simplify access to fixed-income investment opportunities, providing users with a consolidated and user-friendly interface to compare and select FDs that best suit their financial goals. By leveraging technology, Stable Money seeks to enhance transparency and efficiency in the traditionally fragmented FD market, making it more accessible to a broader investor base.
How much funding has Stable Money raised?
Stable Money has raised a total of $40M across 3 funding rounds:
Angel/Seed
$5M
Series B
$15M
Series B
$20M
Angel/Seed (2023): $5M with participation from Lightspeed Venture Partners, TITAN Capital, Matrix Partners, and Mars Shot Ventures
Series B (2024): $15M led by RTP Capital Associates
Series B (2025): $20M supported by Aditya Birla Ventures
Key Investors in Stable Money
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across various sectors, including fintech.
TITAN Capital
Titan Capital Asia is a boutique investment firm specializing in active investments in early-stage impact ventures across Southeast Asia, with a focus on fintech.
Aditya Birla Ventures
Aditya Birla Ventures invests in new-age businesses, with a special focus on Fin-Tech, and provides portfolio companies with access to the Aditya Birla Group's ecosystem and industry relationships.
What's next for Stable Money?
With the substantial capital infusion from its latest funding rounds, Stable Money is poised for accelerated growth and market penetration. The company is likely to focus on enhancing its platform's capabilities, expanding its network of partner banks and NBFCs, and investing in customer acquisition strategies. This strategic backing, particularly the recent major investment, suggests a strong confidence from investors in Stable Money's business model and its potential to capture a significant share of India's fixed-income market. Future developments may include the introduction of new investment products or features aimed at further diversifying the company's offerings and solidifying its position as a leader in digital fixed-deposit investments.
See full Stable Money company page
