Private credit platform Kilde has secured US$1.5 million in funding to tap a wave of investor demand for higher-yield alternatives.
The Pre-Series A round was led by Purple Ventures, through its second fund, with participation from existing investors.
The fresh funding will be used to expand Kilde’s team, upgrade its technology and capital markets capabilities, and position the platform to access larger borrowers and higher-quality deals.
Founded in 2019, Kilde’s assets under management have surpassed US$127 million.
The company connects family offices, funds and accredited investors to private credit opportunities across Europe and Asia, focusing on senior-secured lending to consumer and SME lending platforms.
Kilde offers investors annual returns ranging from 10.5 to 13.5 percent and reports no defaults to date.
It holds a Capital Markets Services license issued by the Monetary Authority of Singapore.
“We’ve officially crossed USD 127 million in AUM on our platform. That means investors choose simplicity, safety, and stable returns. They chose Kilde.
We are one of the fastest-growing wealth platforms in Singapore. USD 1 billion AUM is no longer a dream but a plan with budgets and milestones.”
said Radek Jezbera, CEO and Co-founder of Kilde.
Featured image: Edited by Fintech News Singapore, based on image by Na_st via Freepik
