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Synopsis
Fundamentum, a VC fund, led a $20m Series B round in Stable Money, a digital platform dedicated to providing high-yield fixed deposits, with participation from Z47, RTP Global, and Lightspeed. Stable Money plans to use the fresh capital to build and innovate its wealth product offerings, deepen its partner network, and accelerate distribution. In 2025, it aims to onboard at least eight new banks and NBCs to build a diversified fixed-deposit marketplace. It also plans to expand its marketing reach to engage with underserved investors in tier Il and Ill cities, where the demand for secure, inflation-beating returns is on the rise.
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