VC Fund Investments

Wealth mgmt enabler Stable Money attracts $4.5 M from Matrix, Lightspeed

Outlook India  

Bengaluru-based fintech startup Stable Money has raised USD 4.5 million in its Series A round led by Lightspeed and Matrix Partners. Lightspeed and Matrix Partners have co-led the round and invested INR 18.75 crore for a 13.86% stake each. Founded in late 2022, Stable Money aims to help individuals grow their wealth over the long term by offering investment options that prioritise returns with safety and stability. Stable Money also publishes financial literacy content on its online platform to create awareness among investors.

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