Kilde, a Singapore-based private credit investment platform, has successfully raised $15m in a Pre-Series A funding round led by Purple Ventures, with contributions from existing investors. This funding aims to enhance Kilde’s team, expand its capital markets capabilities, and improve its technology infrastructure, setting the stage for rapid scaling.
Kilde’s CEO and co-founder, Radek Jezbera, highlighted the platform’s growth, stating, “We’ve officially crossed $127m in assets under management on our platform. That means investors choose simplicity, safety, and stable returns. They chose Kilde.” The company is now targeting $1b in assets under management, supported by a lean team, standardised deal structures, and proprietary technology.
The private credit market is poised for sustained growth, with BlackRock projecting assets under management could reach $4.5t by 2030. Kilde’s strategic positioning allows it to access higher-quality borrowers and larger deals, offering investors above-market returns of 10.5% to 13.5% annually.
Jan Stanek, Managing Director at Purple Ventures, expressed confidence in Kilde’s trajectory, stating, “We are delighted to be a part of Kilde as early equity investors starting in 2020. As we saw the platform’s exponential growth over the past two years, we gained full confidence in Kilde’s team and business model.”
Founded in 2019, Kilde connects family offices, funds, and accredited investors to private credit opportunities across Europe and Asia, specialising in senior-secured lending to consumer and SME lending platforms. The company holds a Capital Markets Services licence issued by the Monetary Authority of Singapore.
