Curie Money secures $1.2m in a seed funding to transform personal finance

Curie Money, a next-generation fintech platform, has raised $1.2 million in a Seed funding round led by India Quotient, with participation from prominent institutional investors and angel investors in the fintech sector.

The funding will be deployed to strengthen Curie Money’s core team, advance product development, scale its technology infrastructure, and build strategic partnerships to accelerate growth and market expansion into current account and MSME segment.

Curie Money is pioneering India’s first high yield savings account which enables instant payments directly from mutual funds. To enable this Curie Money has partnered with YES BANK to offer a no minimum balance savings account & ICICI Prudential Mutual Fund to offer its fixed income mutual fund schemes. The company recently secured the approval from NPCI to operate as a TPAP, similar to Google Pay / PhonePe to offer UPI services. Users can get up to 7.3% CAGR returns by keeping their savings in ICICI Prudential Liquid Fund, which is significantly higher than traditional savings accounts.

Commenting on the fundraise Arindam Ghosh, Co-Founder of Curie Money, said, “We founded Curie Money to solve a deeply personal challenge—making savings work harder without sacrificing liquidity. This funding is a testament to the market need for an integrated solution that combines the high returns of mutual funds with the convenience of banking. With the support of India Quotient and our investors, we are well-positioned to redefine personal finance and expand our reach.”

Madhukar Sinha, Partner at India Quotient, added, “Curie Money is at the forefront of a significant shift in the way people manage their finances. By seamlessly integrating mutual funds with banking and payments, they are empowering users to maximize their financial potential. We are excited to support Arindam, Tushar, and the team as they scale this innovative solution.”

Inspired by financial ecosystems in the USA, Europe, and China, where money market accounts are widely used as a standard tool for personal finance, the founders recognized a major gap in the Indian market, which lacked an equivalent solution. Curie Money addresses this issue by bridging the gap between the potential returns of idle balances and the need for liquidity.

Curie Money combines the higher returns of mutual funds, which typically yield 7–8%, with the liquidity of savings accounts, addressing a key gap in personal finance. By enabling instant redemption at the time of payment, the platform ensures that users’ funds are always accessible while delivering better returns than traditional savings accounts.