Stable Money | Company Profile - Revenue, Headcount, Tech Stack, Contacts
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Overview
Stable Money is a Bengaluru-based wealthtech platform founded in 2022 by Saurabh Jain and Harish Reddy. The company specializes in fixed-return investments, such as fixed deposits (FDs) and short-term corporate bonds, catering to risk-averse users, particularly first-time investors and the underbanked segment in India. It operates as a digital aggregator, simplifying access to fixed-income products and allowing users to compare FD rates from multiple banks and NBFCs through a single interface.
The platform has achieved significant growth, managing over INR 3,000 crore in assets and serving 20 lakh customers. It offers lifetime-free demat accounts, same-day liquidity, and curated short-term corporate bonds. Future plans include launching a loan-against-FD product and DIY investment baskets. The company is committed to enhancing financial literacy and building trust with consistent returns, focusing on safety in investments. Stable Money has received USD 20 million in Series B funding to support its expansion and product development.
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