Wealthtech Startup Stable Money Secures $5 Mn Funding From Matrix Partners, Lightspeed

Wealthtech Startup Stable Money Secures $5 Mn Funding From Matrix Partners, Lightspeed

SUMMARY

The round also saw participation from Titan Capital, Mar Shot Ventures, as well as angel investors including Kunal Bahl, Rohit Bansal, Harsha Majety

The startup will use the funds for senior leadership hiring, striking financial partnerships, and building technology

Founded by Saurabh Jain and Harish Reddy in 2022, Stable Money offers fixed return asset investment opportunities for retail investors

Wealthtech startup Stable Money has raised $5 Mn in its seed funding round led by Matrix Partners India and Lightspeed. The funding round also saw participation from Titan Capital, Mar Shot Ventures, as well as angel investors, including Kunal Bahl, Rohit Bansal, Harsha Majety,

Founded by Saurabh Jain and Harish Reddy in 2022, Stable Money offers fixed-return asset investment opportunities for retail investors, such as access to fixed deposits, debt mutual funds and bonds, along with other low-risk asset classes delivering inflation-beating results to enhance their financial prospects.

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