Stable Money

Indian fintech startup focused on fixed deposit and bond investing, raised $25M Series B at $175M valuation.

ActiveFinTechTechnology

Updated: Mar 15, 2026 ·

About

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.

Financial History

Total Raised

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Valuation

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Financial History

Total Raised

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Valuation

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Deep Dive

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.

Key Facts

Founded: 2022
HQ: Bengaluru, India
Users: 2M+ (20 lakh)
AUM: INR 3,000+ crore (~USD 360M)
Total Funding: USD 40.2M across 3 rounds
Latest Round: USD 20M Series B (May 2025)
Target: INR 10,000 crore FD AUM by June 2026

Products

Digital Fixed Deposits: Up to 8.15% interest, 100+ bank/NBFC partners
Stable Bonds: Corporate bonds yielding up to 12%
Gold & Silver Mutual Funds: Precious metals investing
Secured Credit Cards: Credit products backed by FDs

Funding History

Round	Date	Amount
Seed	Dec 2022	Undisclosed
Series A	2023	~USD 15M
Series B	May 2025	USD 20M

Why It Matters

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.

Sources

Frequently Asked Questions

What types of investment products does Stable Money offer beyond fixed deposits?

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.

What was the initial market perception when Stable Money began focusing on fixed deposits?

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.