Bengaluru-based wealthtech startup Stable Money has secured $25 million in fresh equity funding in a pre-Series C round led by Peak XV Partners, with participation from existing investors including Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership. The latest infusion values the company at approximately $175 million, reflecting growing investor confidence in India’s fixed-income investment ecosystem.

Key Highlights

• Stable Money raises $25 million from Peak XV and investors to accelerate product expansion and market growth.
• Fresh capital will strengthen technology, customer acquisition, and nationwide rollout of its digital fixed-income investment platform.

Founded in 2022 by Saurabh Jain and Harish Reddy, Stable Money operates a digital platform focused on fixed-income investment products such as bank fixed deposits, bonds, and low-risk savings instruments. The company aims to simplify access to stable and predictable returns for retail investors through transparent comparisons and seamless digital onboarding.

The newly raised capital will be deployed to strengthen the core technology platform, expand product offerings, and scale operations across key business functions. Stable Money also plans to deepen partnerships with banks and NBFCs to broaden investment choices, improve rate discovery, and enhance customer experience. Additionally, the company is working toward expanding its on-ground presence across major Indian cities to build stronger customer relationships.

Also Read: C2i Semiconductors Raises $15M in Funding Led by Peak XV

Stable Money claims to have over 40 lakh users and has facilitated investments exceeding ₹5,000 crore across fixed deposits and secure debt instruments. For FY25, the company reported operating revenue of ₹104 crore, marking a significant surge compared to ₹1.3 crore in the previous fiscal year, underscoring rapid business momentum.

With this funding, Stable Money aims to accelerate its mission of building a trusted digital savings and fixed-income investment ecosystem, positioning itself as a key player in India’s rapidly evolving wealthtech market.