Stable Money Bags $25M to Supercharge Fixed Deposit Investing
Bengaluru fintech Stable Money lands $25M at a $175M valuation, pushing total funding to $65M.
Bengaluru-based Stable Money just pulled in a fresh $25 million round, valuing the fintech startup at $175 million. That brings its total war chest to $65 million — serious capital for a company focused on something decidedly unsexy: fixed deposits and corporate bonds.
The startup's app gives users a straightforward way to park money in fixed deposits and bonds. Think of it as making boring investments accessible and frictionless.
Stable Money isn't sitting still with the new cash. The company has ambitious plans to grow its overall business fivefold by year's end. Part of that strategy involves physical expansion into new cities — a notable move in an era where most fintechs stay purely digital.
Going offline to scale an online investment platform? Bold play. But with $65 million in the bank, they've got runway to test the thesis.