Stable Money : Facilitating Secure, Fixed-income Investment Opportunities

Accessibility to a trustworthy investment platform has always been a pressing challenge for Indians, especially in today’s volatile world. With a focus on addressing this painpoint, Stable Money has carved a niche for itself as a competent wealthtech platform that specializes in providing access to secure, fixed-income investment opportunities. The platform leverages a user-friendly digital interface to simplify wealth building for risk-averse investors in India. Founded in 2022 by Saurabh Jain and Harish Reddy, the platform aims to digitize the traditionally cumbersome fixedincome market, which is a preferred asset class for a large segment of Indian savers.

A Comprehensive Services Deliverability

Stable Money functions as an online marketplace, aggregating various low-risk investment options into a single, accessible platform. Its primary services include Fixed Deposits and Recurring Deposits, wherein, users can compare and invest in FDs and RDs from over 200 partner banks and NBFCs. This eliminates the need for opening multiple bank accounts or visiting physical branches, streamlining the investment process.

Furthermore, through its SEBI-registered Online Bond Platform Provider (OBPP) platform - Stable Bonds - the company offers access to government and corporate bonds with predictable returns. The platform lists only vetted, exchange-listed bonds, with clear details on credit ratings and yields to ensure transparency.

It also provides a way to invest in SEBI-regulated gold and silver mutual funds, allowing for portfolio diversification without the issues of physical storage or purity concerns. The platform further offers secured credit cards against existing FDs, providing a convenient way to build a credit score or access credit without extensive income proof.

By blending the security of traditional fixed-income products with the efficiency and transparency of a modern digital platform, Stable Money effectively caters to the core need for safe, stable wealth growth

Saurabh Jain , Co-Founder & Co-CEO

Differentiating Factors

Stable Money stands out in the crowded fintech landscape due to several key differentiators. Firstly, while most wealthtech platforms focus on equities and high-risk investments, Stable Money recognized the vast, underserved market of risk-averse investors who prefer safety and predictability.

Secondly, the platform acts as a "one-stop shop" that allows instant comparison of interest rates and terms from numerous institutions, a process that is traditionally time-consuming and fragmented across different bank websites or branches.

Thirdly, Stable Money builds trust by strictly adhering to regulations. FDs are booked directly with RBI-regulated banks and are covered by the DICGC insurance scheme up to INR 5 lakh, offering the same safety as traditional bank FDs. Its bond platform is SEBI-registered, adding a layer of regulatory oversight.

Lastly, the entire investment process, from KYC to tracking investments and making withdrawals, is fully digital and paperless, taking just a few minutes. 

Despite this digital-first approach, Stable Money is also experimenting with in-person relationship managers in certain regions to cater to customers who still value face-to-face interaction and trustbuilding.

And to top it off, the platform offers unique tools such as an FD withdrawal calculator, FD Laddering (spreading investments across different tenures), and personalized recommendations to help users make informed decisions based on their financial goals. 

By blending the security of traditional fixedincome products with the efficiency and transparency of a modern digital platform, Stable Money effectively caters to the core need for safe, stable wealth growth. 

“Going forward, Stable Money would be consistently focused on driving new avenues of investments while staying at par with the changing market dynamics,” concludes Saurabh Jain, Cofounder and CEO at Stable Money.