Hey GVers !
Not sure how many of you have noticed but Stable money UX changes drastically whenever you click on Invest in a FD, this made me think why their design language is so different in 2 screens, upon further research, I figured it out. Stable money is just an UI wrapper for a B2B startup which onboard banks, does all the legal procedures and Stable money just promotes it. So basically on their FD part, they are not at all operationally burdened.
I guess it's a great business prop, where you just need to have loads of money to churn in partnerships and publicity while all the major operational compliance is taken care of by another product.
Does this affect the stable money value prop.? Because as mentioned in the post fixerra is bringing in multiple FD issuers and providing infrastructure to build. Would that lower the entry barrier for building B2C product in FD segment a...
I personally see it as game changer in how invest in FDs.
Any comments or thoughts or guidance would be highly appreciated.
So stable money is just another fintech platform where basically you can do FD from various banks and corporates.
This concept isn't new, other apps and websites offer the same as well.
Weirdly, everyone is posting about it on LinkedIn...
Startup by ex CEO of Navi Mutual Fund. They have waitlist of 5k+, wanted to know how's the team, culture? And is the product solving something pressing ?
Have you used stable money for your FD investments, if yes how's your experience with it and how save do you consider that investment, is it better than normal bank fds?