Stable Money secures $25 million in funding to triple its assets under management

Stable Money aims to triple its assets to 150 billion rupees by year-end after raising $25 million. It will expand its bank partnerships and physical branches.

洞察:
Stable Money, an India ININ-based wealth-tech firm, has raised $25 million in a funding round led by Peak XV Partners. The completed transaction, announced on February 18, 2026, brings the company’s valuation to $175 million. Management stated that the capital will be deployed to accelerate hiring, expand bank partnerships and non-banking financial company (NBFC) linkages, and develop a network of offline branches to reach a wider customer base.
The investment is designed to fuel the company’s operational expansion and its ambitious growth targets within the fixed-income retail savings market. Stable Money aims to grow its assets under management from its current level of approximately 50 billion rupees to 150 billion rupees by the end of the year. This strategy aligns with the broader market landscape, where fixed deposits are used by more than 230 million Indians and the sector is growing at a rate of about 12% annually.
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