In May, earlier this year, Kilde arranged the issuance of Stikcredit’s private bonds on its investment platform in Singapore. €1.1M worth of bonds were subscribed by the institutional and qualifying individual investors the same month, and the proceeds were used to fuel the growth of the fintech lender’s loan portfolio in Bulgaria.
This month Kilde has secured an additional €1M loan facility, part of a larger credit line arranged for Stikcredit, which further solidified the partnership between our companies and gave further boost to the growth of consumer loan portfolio.
We are happy to have one of the leaders in consumer finance lending in South Eastern Europe as one of the borrowers on our platform and are looking forward to being a part of the Stikcredit’s success story and expansion into new markets.
About Stikcredit
Stikcredit is a consumer centric company which focuses on speed through automation and excellent customer experience for the borrowers. Since inception back in 2013, the company has grown to become one of the leaders in innovation on the market, consistently showing strong customer engagement and user growth, with over 26,000 active customers of which 70% are returning customers. The company's competitive edge is a mixture of cutting-edge technology and operational excellence.
Join Stikcredit’s community:
Website | Twitter | Facebook | LinkedIn
About Kilde
KILDE is a regulated investment platform for alternatives from Singapore. It operates as a two-sided platform helping investors to discover and buy securitised private investments and borrowers to get liquidity for their operations. KILDE’s main asset classes are private debt, venture debt, and recurring revenue financing. KILDE is partnering with leading non-banking consumer lending firms to give its investors safe and controlled access to consumer lending assets. The company’s advantage is in the access to the vast accumulated data on consumer assets performance as well as scalable investment and securitisation technology platform.
Join Kilde's community:
Website | LinkedIn | Medium | Facebook
For further information about Stikcredit and any additional questions, do not hesitate to send us an email at info@kilde.sg
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