Kilde, a Singapore-based private credit investment platform, has closed a $1.5 million Pre-Series A financing round led by Purple Ventures with participation from existing investors.
Kilde said in a statement on Monday that the fresh capital will strengthen the team, expand capital markets capabilities, enhance technology infrastructure, and lay the foundation for rapid scaling.
It highlighted the raise underscores strong confidence in its growth trajectory and differentiated value proposition.
It is noted that Kilde’s assets under management (AUM) have surpassed $127 million, placing it among Singapore’s leading digital-first private credit platforms.
“We’ve officially crossed $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. $1 billion AUM is no longer a dream but a plan with budgets and milestones,” said Radek Jezbera, Chief Executive Officer and Co-founder of Kilde.
With Purple Ventures’ support and the continued backing of its existing investors, he said the firm building a scalable, institutional-grade platform in a market where demand is only increasing.
Operating with a lean team, a standardised deal structure, and proprietary technology, Kilde said the firm enables investors to capture above-market returns of 10.5 percent to 13.5 percent yearly.
Scaling to its current size, Kilde can access higher-quality borrowers and larger deals, delivering stronger benefits and stability for investors.
The private credit market is set for sustained growth.
BlackRock projects private credit AUM could reach $4.5 trillion by 2030, highlighting its position as one of the fastest-growing asset classes globally.
“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,
“Thus, we decided to lead a new investment round and provide growth capital with our second fund,” said Jan Stanek, Managing Director at Purple Ventures.
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