Startup Spotlight Series: Let's meet Kilde
Kilde is a Singapore-based FinTech company that aims to democratize the private debt market by providing a regulated investment platform for alternatives, bringing together borrowers and investors. The company was founded in November 2019 with the mission to solve the problem of cumbersome and risky ways to participate in alternative investments. Kilde differentiates itself from competitors through its expertise in sourcing high-quality borrowers and arranging unique deals for investors, while actively managing the risks of their investments. Despite facing challenges such as getting first customers on board and navigating a COVID-driven environment, Kilde has made progress since launching, including raising pre-seed funding and securing paying customers. The company's ambitions for the next 3-5 years include building a $5 billion outstanding loan portfolio, becoming one of the most sophisticated financial institutions globally, and expanding to major financial centers with a presence in multiple asset classes.
Company
Vonage
Date published
Aug. 5, 2021
Author(s)
Filippos Kyprianou
Word count
760
Language
English
Hacker News points
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