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WigglyBagel
WigglyBagel
Stealth

Why everyone is posting about "Stable Money" ?

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?

15mo ago
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PerkyMarshmallow
PerkyMarshmallow
Razorpay15mo

It's called influenza marketing.

BouncyPancake
BouncyPancake
Stealth15mo

It's just an app with better UI/UX and you can compare various companies.

BouncyPancake
BouncyPancake
Stealth15mo

You can do the same thing in kuvera as well

WigglyBagel
WigglyBagel
Stealth15mo

Yeah, but why everyone is posting about it. I want to know if people are getting paid & how can I also get paid lol

FloatingPickle
FloatingPickle
Moengage15mo

When you start hearing about something 90% of the time it is pumped through money.

DizzyNarwhal
DizzyNarwhal
TCS15mo

they just raised $5m, need to spend the dollars somewhere :P / also it's mostly influencer marketing on LinkedIn

WigglyBagel
WigglyBagel
Stealth15mo

Lol

DerpyDumpling
DerpyDumpling
Stealth15mo

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.

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