Offers up to 9.1% interest, instant withdrawals, zero savings account requirement and RBI-backed DICGC insurance up to ₹5 lakh
Gujarat, Surat June (INSERT DATE), 2025 – Wealthtech platform Stable Money, India’s first digital fixed-deposit investment platform, has secured Rs 173 crore in a Series B funding round. The round was led by Fundamentum Partnership, co-founded by Infosys co-founder and Aadhaar architect Nandan Nilekani. Aditya Birla Ventures also participated, along with all existing investors Z47, RTP Global, and Lightspeed, reaffirming their strong belief in the platform’s vision. This funding comes just ten months after Stable Money’s large Series A round, signalling strong momentum and investor confidence.
Stable Money offers fixed-income investment options—including fixed deposits with interest rates up to 9.1%, secured credit card backed by FDs and Stable Bonds (operated by Stable Broking Private Limited). Users can compare FD interest rates from over 200 banks, book deposits in under 3 minutes, access a 7-day trial FD, and enjoy instant withdrawals – all without opening any savings account.
Since launching in 2022, Stable Money has onboarded over 20 lakh users nationwide, with total assets under management now exceeding ₹3,000 crores. In Gujarat, more than 90 thousand users trust Stable Money for safe, predictable returns.
Fixed deposits remain India’s most trusted financial product, with over 23 Crore individuals currently holding FDs. The market continues to grow steadily at 12% annually. In Gujarat, the scale is equally significant: over 1.8 crore FDs exist, representing total deposits exceeding ₹7 lakh crore as per RBI data. Yet, the ecosystem remains largely offline and inefficient, with 94% of FDs in India earning less than 8% interest, signalling a massive gap in access and awareness — one Stable Money aims to bridge.
To address this, Stable Money partners with several leading small finance banks, NBFCs and other scheduled commercial banks that offer among the highest FD interest rates in the country. All deposits are booked 100% digitally without the need for opening a savings account and come with an insurance cover up to ₹5 lakh per user per bank from DICGC, a wholly owned subsidiary of the Reserve Bank of India.
Additionally, with the launch of Stable Bonds (operated by Stable Broking Private Limited), investors can now diversify into SEBI-regulated short- and long-term bonds from leading issuers like Adani, Muthoot and IIFL, starting from just ₹1,000 and earning up to 12% returns.
By digitising the fixed-income investment journey, Stable Money is making investing in fixed deposits more transparent and accessible.
