Stable Money will use the funds for equipment, marketing and other business needs. The company’s value has increased 2.3 times since its last $15 million Series A round.
The fintech firm Stable Money has successfully secured more than Rs 123 crore, equivalent to around $15 million, in a recent funding round led by RTP Capital, Lightspeed India, and Matrix Partner.
The fixed-return investment platform Stable Money received $5 million in a seed round headed by Matrix Partners India and Lightspeed Venture Partners, with participation from Titan Capital, Mar Shot Ventures, and well-known angel investors.