<ul><li>Bengaluru-based wealthtech startup Stable Money has raised $20 million in a Series B funding round led by Fundamentum Partnership, with participation from Aditya Birla Ventures and existing investors Lightspeed, RTP Global, and Z47.</li><li>Stable Money, founded in 2022, offers fixed-income products like bank FDs, short-term bonds, and secured credit cards. It targets conservative savers in India and has over Rs 3,000 crore in assets under management and 20 lakh customers.</li><li>The startup's growth has been fueled by the introduction of short-term corporate bonds, encouraging users to diversify their investments gradually. It emphasizes trust, simplicity, and tangible returns in its low-risk savings ecosystem.</li><li>Stable Money's unique approach includes offering DIY-style baskets of FDs, bonds, and mutual funds, catering to the underserved deposit-heavy middle class in smaller towns. The Series B funding will be utilized to expand product lines, strengthen partnerships, and enhance distribution channels.</li></ul>

Bengaluru-based wealthtech platform Stable Money raises $20 million in a Series B round

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