TL;DR
Bengaluru-based Stable Money has secured $25 million in its latest funding round, with Peak XV Partners taking the lead. The investment values the three-year-old startup at $175 million, highlighting a renewed investor appetite for fintech platforms that prioritize low-risk, fixed-income products like Fixed Deposits (FDs) and Bonds for India's retail investors.
Why are investors betting big on fixed-income tech in 2026?
As the Indian equity markets face volatility, the \"yield-hungry\" Indian middle class is looking for safe havens. Stable Money simplifies the fragmented FD market by allowing users to compare and invest in fixed-yield products from multiple banks and NBFCs through a single interface. This \"FD-as-a-Service\" model captures a massive, underserved segment of conservative investors who were previously alienated by complex digital brokerage apps.
Vichaarak Perspective: The 'Safe Tech' Pivot
In my experience analyzing Google's financial service integrations, trust is the ultimate currency. Stable Money isn't just selling FDs; it's selling stability in an era of AI-driven market chaos. While most fintechs are chasing high-frequency trading or speculative crypto, Stable Money's focus on the \"boring but bankable\" FD market is a strategic masterstroke. It’s a return to fundamentals that I personally find refreshing in the current startup climate.