Czech-founded fintech Kilde, which provides secured private credit with fixed returns, has raised €1.2 million (CZK 29 million) from Purple Ventures and several business angels, as Vestbee was informed.
- Launched in 2020 by Radek Jezbera, Kilde is a Singapore-based fintech platform that specializes in private credit investments. The firm connects accredited investors, family offices, and funds with companies seeking financing outside traditional banks, primarily offering senior secured loans.
- It focuses exclusively on secured private credit, providing fixed-income investment opportunities backed by real assets and cash receivables to reduce risk.
- The platform sources loans from financially stable consumer lending companies in developed and emerging markets, analyzing extensive financial data to assess creditworthiness.
- Investments are structured to prioritize repayment, with collateral typically exceeding the invested amount. Investors can select fixed-income options ranging from three to 36 months, with monthly or quarterly payouts.
- Kilde’s proprietary system standardizes transactions, manages risk, and tracks performance, allowing investors to monitor their holdings through a real-time dashboard.
“We’ve officially crossed $130 million in Assets under Management (AUM) on the Kilde platform. That means investors choose simplicity, safety, and stable returns. They chose Kilde. Now, it’s time to get serious. $1B AUM is no longer a dream but a plan with budgets and milestones,” says Radek Jezbera, founder and CEO of Kilde.
Details of the deal
- The funding round includes over €490,000 (CZK 12 million) from Purple Ventures’ qualified investor fund, Purple Ventures 2, which launched its second €40 million fund in 2024, along with an additional €700,000 (CZK 17 million) contributed by seven investors through a special SPV.
“Our goal is also to make co-investment opportunities available to investors in our second fund, and Kilde was a logical choice, as we’ve known the company for years and see its enormous potential. It is a profitable company with exponentially growing business. I believe that around 2030, they will exceed $100 million in revenues and become a dollar unicorn,” Managing Partner at Purple Ventures, Jan Staněk, commented in a press release.
- Kilde will use the funding to expand its platform, improve its technology for risk assessment and transaction processing, and enter new markets, while increasing its investor base and overall assets under management.
