Singapore’s Kilde secures $1.5M led by Purple Ventures to grow its licensed private credit platform after surpassing $127M in AUM.
Kilde, a Singapore-based private credit investment platform, has raised $1.5 million in a pre-Series A round led by Purple Ventures with participation from existing backers. The funding will go toward team expansion, technology upgrades, and strengthening capital markets capabilities.
Founded in 2019, Kilde connects accredited investors, family offices, and funds to private credit opportunities across Europe and Asia. The company is licensed under Singapore’s Capital Markets Services framework and focuses on senior-secured lending to consumer and SME lending platforms. Since launch, it has reported a 0.0% default rate.
Kilde has surpassed $127 million in assets under management, positioning it among Singapore’s leading digital-first private credit platforms. CEO and co-founder Radek Jezbera said the milestone signals growing trust from investors. “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.”
Jan Stanek, managing director at Purple Ventures, added: “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.”
The company says its proprietary technology and standardized deal structures enable investors to earn annual returns of 10.5%–13.5% while providing borrowers with more efficient access to capital. With the private credit market projected by BlackRock to reach $4.5 trillion globally by 2030, Kilde is positioning itself to capture institutional demand.