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 & Twitter. I can see that stable money is giving merch to them but are these people getting merch just to post a positive review? Anyone has insider news?
It's called influenza marketing.
When you start hearing about something 90% of the time it is pumped through money.
Honestly don't understand the hype behind this and why Lightspeed and Matrix invested USD 5 MN in a FD booking platform.
If the existing players like Kuvera or Groww sensed this as a big opportunity, they would've already started providing this option to the users (right now they offer limited options)
Stable Money is just an FD aggregating platform - Groww and Kuvera already have distribution and that asset class in place.
I wanted to share one of my latest discoveries ✨
Found about this App via linkedin. As of now, its a convinient way to create FD’s without creating bank account in a particular bank. They are offerring bunch of rewards to do this . How ...
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 ?
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...
Recently, I discovered the fold money app and was really impressed by their design and overall look and feel of the product.
There are many apps which are catering to a similar use case like fold money: Mint being one of the prime examp...
