Stable Money raises $25 million in pre-Series C funding led by Peak XV

18 Feb 2026, 11:34 AM

The funding round saw participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership.

Team Head&Tale

Wealthtech startup Stable Money has raised $25 million in a pre-Series C funding round led by Peak XV Partners.

The funding round saw participation from Z47 (formerly Matrix Partners), RTP Global, and Fundamentum Partnership.

The startup will use the fresh capital to expand its team, strengthen its core platform and boost access to complementary savings products.

Founded in 2022 by Saurabh Jain and Harish Reddy, the Stable Money platform allows users can compare, invest, and manage fixed-income products, particularly bank fixed deposits (FDs).

In June last year, the startup had raised $20 million in a funding round led by Fundamentum Partnership and participation from existing investors Z47, RTP Global, and Lightspeed. 

Wealthtech startups have been attracting significant investor interest in the past years.

Earlier this week, Otto Money bagged pre-seed funding led by Pravega Ventures. Last month, AssetPlus raised around $19 million led by Nexus Venture Partners.

In December, ZFunds raised funding led by Elevation Capital while PowerUp Money bagged $12 million in its Series A funding led by Peak XV Partners.

In October last year, Dezerv secured $40 million led by Premji Invest and Accel's Global Growth Fund.

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