Stable Money
About Stable Money
Stable Money is a fixed-return investment platform that aggregates high-interest fixed deposits, debt mutual funds, and bonds from vetted financial institutions, allowing users to compare and select optimal investment options. The platform addresses the challenge of low returns and cumbersome processes in traditional banking by offering instant withdrawals and DICGC-insured deposits, enhancing both accessibility and security for investors.
```xml <problem> Traditional fixed deposit (FD) investments often provide low returns and involve cumbersome, offline processes. Comparing options across multiple financial institutions is time-consuming, and accessing funds quickly can be challenging. </problem> <solution> Stable Money is a platform that aggregates fixed-return investments, including high-interest fixed deposits and debt instruments, from vetted financial institutions. The platform allows users to compare and select optimal investment options in one place. Stable Money addresses the challenges of traditional banking by offering a streamlined investment process with features like instant withdrawals on select FDs and DICGC insurance on deposits, enhancing both accessibility and security for investors. Users can invest in FDs without creating new bank accounts. </solution> <features> - Aggregates high-interest fixed deposits and debt instruments from multiple vetted financial institutions - Provides a single platform to compare and select optimal investment options - Offers instant withdrawals on select Suryoday SF Bank and Unity SF Bank FDs - Deposits are DICGC insured, providing security for investors - No new bank account is needed to invest in FDs - Upcoming features include government and corporate bonds with returns up to 11% and secured credit cards using FDs as collateral </features> <target_audience> The primary target audience includes individual investors seeking higher returns and a more streamlined process for fixed deposit investments. </target_audience> <revenue_model> Stable Money generates revenue through partnerships with financial institutions, earning a commission on each fixed deposit investment made through the platform. </revenue_model> ```
What does Stable Money do?
Stable Money is a fixed-return investment platform that aggregates high-interest fixed deposits, debt mutual funds, and bonds from vetted financial institutions, allowing users to compare and select optimal investment options. The platform addresses the challenge of low returns and cumbersome processes in traditional banking by offering instant withdrawals and DICGC-insured deposits, enhancing both accessibility and security for investors.
Where is Stable Money located?
Stable Money is based in Alo, India.
When was Stable Money founded?
Stable Money was founded in 2022.
How much funding has Stable Money raised?
Stable Money has raised 19740000.
Who founded Stable Money?
Stable Money was founded by Saurabh Jain.
- Saurabh Jain - Co-Founder/CEO
- Location
- Alo, India
- Founded
- 2022
- Funding
- 19740000
- Employees
- 67 employees
- Major Investors
- RTP Global, Z47