Creditstar secures additional $10m capital facility from Kilde
European consumer finance and investment fintech Creditstar Group has secured an additional $10m (£7.5m) funding facility from Singapore-based Kilde, bringing the total facility to $20m.
The additional capital facility builds on the initial $10m agreement signed between Creditstar and Kilde, a digital private credit investment firm, in November 2024.
Creditstar will use the additional funds to support portfolio growth across its eight European lending markets as part of its broader funding diversification strategy, which includes bonds, institutional partnerships and retail investment offering.
Read more: Kilde raises $1.5m to scale private credit investment platform
“Kilde’s follow-on commitment is a clear validation of our credit quality and performance and broadens our institutional funding mix,” said Aaro Sosaar, chief executive of Creditstar Group (pictured).
“This additional capacity strengthens our capital efficiency and supports our plan to scale responsibly across regulated markets whilst maintaining diversified funding sources.”
Creditstar recently reported a net profit of €7.3m (£6.4m) in 2024, down from €10m in 2023, due to increased loan-loss provisions and one-off financing costs, which reduced bottom-line earnings.
In its 2024 results, the group reported a gross loan portfolio of €351.2m and total assets of €367m.
By June 2025, the loan portfolio had grown to €406.8m, up 30.6 per cent year-on-year.
Creditstar has remained profitable through multiple economic cycles, since its inception in 2006, completing nearly 50 bond issues on Baltic capital markets and returning over €100m in interest to investors, with no defaults in its 18-year history.
Creditstar completed its largest bond issuance to date in May 2025, raising €46m across multiple tranches.
“For more than two years, we have closely monitored Creditstar’s loan performance, credit metrics and management execution and see an established fintech with institutional-grade fundamentals,” said Radek Jezbera, co-founder of Kilde.
“The combination of strong growth, continuously improving profitability, scalable technology and disciplined risk management gives us confidence in the Group’s ability to deliver through market cycles. We’re backing a proven platform with a significant runway for geographic and product expansion.”
