Stable Money Secures $25 Million in Funding Led by Peak XV, Totaling $65 Million

• Fixed income platform Stable Money raised $25 million in a pre-Series C round led by Peak XV Partners, bringing total funding to $65 million.
• The round saw participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership.
• Stable Money, founded in 2022, has over 50 lakh investors and facilitated over Rs 5,000 crore in fixed income investments, including FDs, bonds, and Gold/Silver ETFs.
• The company aims to garner Rs 30,000 crore worth of FDs monthly and plans to use new funds to expand reach, especially in tier-2 and tier-3 cities.
• Stable Money earns a blended margin of 0.6% on AUM and targets profitability by the end of FY27.