Archive · 3 Jun 2025
Stable Money Secures $20M in Series B Funding Round
Imagine a company called Stable Money that helps people invest their money to earn interest.
They've just received a big boost of $20 million from investors!
This money will help them offer more ways to invest, like bonds, and reach more people, especially in smaller towns.
Stable Money allows people to easily invest in things like fixed deposits, which is like locking your money away for a set time to earn interest.
They have a lot of users and manage a lot of money.
Now, they're ready to grow even more.
Stable Money, a wealth-tech startup, has raised $20 million in a Series B round.
Fundamentum Partnership led the investment, with participation from Aditya Birla Ventures and others.
The funding will support product expansion and increased reach in smaller cities.
Stable Money facilitates fixed-return investments, including FDs and bonds.
The company has over 20 lakh users and manages over Rs 3,000 crore in assets.
- Who
- Stable Money, a wealth-tech startup
- What
- Raised $20 million in a Series B funding round
- When
- Less than a year after the previous fundraise
- Where
- Bengaluru
- Why
- To expand product offerings, strengthen partnerships, and extend reach
- Company
- Stable Money
- Funding Amount (approx.)
- Rs 173 crore
- Funding Round
- Series B
- Lead Investor
- Fundamentum Partnership
- Founded
- 2022
- Users
- 20 lakh+
- Assets Managed
- Rs 3,000 crore+