Stable Money Nets $25 Mn To Fuel Product Portfolio Expansion

Wealthtech startup Stable Money raises USD 25 Mn in funding to scale fixed-income investment platform | Business Review Live | Business News, Reviews | Entrepreneur Stories, Interviews

Bengaluru-based Stable Money has raised USD 25 million in a pre-Series C funding round at a valuation of USD 175 million, with Peak XV Partners leading the round. In addition, Z47, RTP Global, and Fundamentum Partnership participated in the funding. Previously, the company attracted USD 40 million in capital from Fundamentum Partnership Fund, Matrix Partners, RTP Global, Lightspeed India, and several other investors, thereby strengthening its fi…

Stable Money Nets $25 Mn To Fuel Product Portfolio Expansion

Bengaluru-based wealthtech startup Stable Money has secured $25 Mn (around ₹226.8 Cr) in a Pre-Series C funding round led by Peak XV Partners. Besides, existing investors Z47, RTP Global, Lightspeed, and Fundamentum Partnership also participated in the round. Stable Money’s cofounder Saurabh Jain told Inc42 that the startup plans to utilise the fresh capital to fuel its marketing as well as launching more wealthtech products onto the platform. B…