Stable Money Raises $20 Million in Series B

June 3, 2025

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Bengaluru-based wealthtech platform Stable Money has secured $20 million in Series B funding, led by Nandan Nilekani’s Fundamentum Partnership with participation from Aditya Birla Ventures and existing investors including Lightspeed, RTP Global, and Z47.

This brings the company’s total funding to over $45 million, positioning it to scale its fixed-income investment products and expand its reach across India

Strengthening Product Suite and Partner Network

Stable Money plans to utilize the fresh capital to enhance its product offerings, including piloting mutual funds and introducing loans against fixed deposits (FDs). The company aims to add eight new banking and NBFC partners in 2025, expanding its fixed-income partner network.

With over 2 million registered users, Stable Money is focusing on delivering predictable, inflation-beating returns to Indian households by offering digital fixed-return investment products such as bank FDs, curated short-term bonds, and secured credit cards backed by deposits.

Expanding Reach to Tier II and III Cities

The company intends to accelerate its marketing efforts in Tier II and III towns, where demand for secure investment options is growing.

By deepening its offline distribution channels and enhancing user experience, Stable Money aims to make fixed-income investments more accessible to a broader segment of the Indian population.

The strategic focus on these regions aligns with the company’s mission to democratize access to reliable investment products across the country.

Stable Money’s $20 million Series B funding marks a significant step in its journey to become a leading provider of fixed-income investment solutions in India.

By expanding its product suite and focusing on underserved markets, the company is poised to meet the evolving needs of Indian investors seeking stable and predictable returns.

[This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.