<ul><li>Wealthtech startup Stable Money has raised $20 million in a funding round led by Nandan Nilekani’s Fundamentum Partnership, with participation from existing backers Z47, RTP Global and Lightspeed.</li><li>The Bengaluru-based company plans to use the funding to expand its suite of wealth products, accelerate customer acquisition, and onboard new banking partners.</li><li>Stable Money offers fixed-return investment products, including fixed deposits, recurring deposits, secured credit cards, and bonds on its platform.</li><li>Since its launch in 2022, Stable Money has onboarded over 150,000 users, managing assets worth over Rs 3,000 crore, and aims to target underserved investors in tier-2 and tier-3 cities.</li></ul>

Wealthtech startup Stable Money raises $20 million in round led by Nilekani’s Fundamentum Partnership

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