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§ Private Profile · Bangalore, India
Indian fintech startup focused on fixed deposit and bond investing, raised $25M Series B at $175M valuation.
Stable Money is an Indian wealthtech startup that simplifies fixed-income investing : offering digital fixed deposits, corporate bonds, gold, and silver mutual funds through a single app. The platform has over 2 million users and more than INR 3,000 crore (~USD 360M) in assets under management. Stable Money raised USD 40M+ across 3 rounds, including a USD 20M Series B (May 2025), and is targeting INR 10,000 crore in FD AUM by June 2026. The app offers up to 8.15% on fixed deposits and 12% on Stable Bonds, partnering with 100+ banks and NBFCs to give users access to the best rates. Founded in Bengaluru, Stable Money represents India's growing wealthtech ecosystem : making traditionally opaque fixed-income products accessible to retail investors through clean UX and digital-first distribution. Backed by investors including Lightspeed, Elevation Capital, and others.
Stable Money has raised $44.8M across 3 funding rounds.
In addition to fixed deposits, Stable Money provides access to debt mutual funds, bonds, secured credit cards, and gold and silver mutual funds. The platform aims to offer a diverse range of fixed-income and related financial solutions.
When Stable Money was founded, many observers believed that focusing on fixed deposits was an unconventional direction for a fintech company. The company pursued this strategy despite initial skepticism from some in the market.
Stable Money has raised $44.8M across 3 funding rounds. Most recently, it raised $25.0M Pre-Series C in February 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 24, 2026 | $25M Series B Plus | Chinmaya Golecha | Mayank Kachhwaha, Nishit Garg, Vikram Vaidyanathan | Announced |
| Jul 21, 2024 | $14.8M Venture Round | RTP Capital | Lightspeed India, Matrix Partners India | Announced |
| Aug 14, 2023 | $5M Seed | Shuvi Shrivastava, Vikram Vaidyanathan | Abhishek Goyal, Kunal Bahl, Madhusudanan R, Ramakant Sharma, Revant Bhate, Rohit Bansal, Sandeep Tyagi, Sriharsha Majety, Mars Shot Ventures, Titan Capital | Announced |
In addition to fixed deposits, Stable Money provides access to debt mutual funds, bonds, secured credit cards, and gold and silver mutual funds. The platform aims to offer a diverse range of fixed-income and related financial solutions.
When Stable Money was founded, many observers believed that focusing on fixed deposits was an unconventional direction for a fintech company. The company pursued this strategy despite initial skepticism from some in the market.
Stable Money is an Indian wealthtech platform that makes fixed-income investing simple and accessible through a mobile app. The company aggregates fixed deposits from 100+ banks and NBFCs, corporate bonds, and gold/silver mutual funds into a single interface.
| Round | Date | Amount |
|---|---|---|
| Seed | Dec 2022 | Undisclosed |
| Series A | 2023 | ~USD 15M |
| Series B | May 2025 | USD 20M |
Stable Money is part of India's wealthtech wave — making traditionally opaque fixed-income products (FDs, bonds) accessible to retail investors who previously relied on a single bank. As India's savings rate remains high but financial literacy improves, platforms like Stable Money are capturing the massive shift from physical bank branches to digital-first investment. The company's rapid growth to INR 3,000 crore AUM in under 3 years signals strong product-market fit in a segment that dwarfs equity investing in India by total capital.