Funding · Financial Services

Stable Money raises $25m in pre-Series C round

By Startup Enthusiast · 18 February 2026

What they do

Stable Money is a platform for fixed-income assets like fixed deposits, debt mutual funds and bonds

It raised $25 million in pre-Series C funding led by Peak XV Partners at a $175 million valuation

The company plans to expand into tier-2 and tier-3 cities and add more banks and bond suppliers

Stable Money raised $25 million in a pre-Series C funding round.
The round was led by Peak XV Partners, which contributed $20 million.
Existing investors Z47, RTP Global and Fundamentum Partnership also participated.
The company's post-money valuation is $175 million.
This round comes less than a year after its Series B round of $20 million.
The company plans to use the funds for expansion into tier-2 and tier-3 cities.
It will also invest in marketing, offline presence and hiring tech and business staff.

The fintech sector raised about $2.5 billion across 120 deals in 2025, with wealthtech seeing higher investor interest.
Stable Money raised this round even though its previous funds were not fully deployed.
The company aims for an IPO in 3-5 years and plans organic growth without acquisitions.

Stable Money is a platform for fixed-income assets such as fixed deposits, debt mutual funds and bonds.
It aggregates fixed-return products from multiple banks and NBFCs.
The platform does not offer equity products but is evaluating REITs.
It has over 60 lakh users across 3,500+ cities (according to its website).
The company has facilitated over ₹5,000 crore in total investments.
It currently lists 13 banks and NBFCs and plans to add 7 more by end of year.
Stable Money earns revenue through commissions on investments facilitated.

Expand into tier-2 and tier-3 cities.
Increase marketing and offline presence in cities like Kolkata, Delhi and Pune.
Hire tech and business personnel.
Add 7 more banks and NBFCs to the platform by end of year.
Evaluate REITs as a new asset class.
Target an IPO in 3-5 years.

Peak XV Partners (lead) — A leading venture capital firm investing in technology companies.
Z47 (participated) — Existing investor in Stable Money.
RTP Global (participated) — Existing investor in Stable Money.
Fundamentum Partnership (participated) — Existing investor in Stable Money.

Product: A platform that lets users invest in fixed deposits, bonds, and other low-risk products.
Customers: Retail investors in India.
How it makes money: It earns commission or distribution income from fixed-income and mutual fund products.
What sets it apart: Focuses on fixed-return and other low-risk savings products.
Operations: Operates as a digital distribution and investment platform.