Announcements

Purple Ventures reinvests in Singapore fintech Kilde. Czech founder Radek Jezbera’s startup already manages over USD 130 million in assets

by
Jakob Ulrych
October 20, 2025
The investment platform Kilde, built in Singapore by Czech entrepreneur Radek Jezbera, has surpassed USD 130 million (CZK 2.7 billion) in assets under management (AUM). The fast-growing and profitable fintech company has now received a second investment from Purple Ventures. The fund first invested from its initial private vehicle; this time it is committing CZK 12 million from its qualified investor fund, Purple Ventures 2. Another CZK 17 million was added by seven investors in the fund through a special SPV. The total investment thus amounts to nearly CZK 30 million.

“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. Recently, they surpassed the milestone of USD 130 million in assets under management, and we expect them to double this volume within a year. I believe that around 2030, they will exceed USD 100 million in revenues and become a dollar unicorn,” says Jan Staněk, Managing Partner at Purple Ventures.

Kilde connects qualified investors with consumer lending companies looking for alternatives to bank financing. It offers attractive yields of more than 10%, paid regularly on a monthly or quarterly basis, and a high level of security thanks to investments backed by real assets. Since its founding in 2020, it has never recorded a loss on any investment. With its proprietary technology, it is able to effectively assess risk, standardize transactions, and return the majority of profits to investors—thus consistently delivering above-average returns in this asset class.

“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.

According to McKinsey (2024), private credit has been one of the fastest-growing segments of the financial system over the past 15 years. By the end of 2023, the market had reached nearly USD 2 trillion—roughly ten times the size it was in 2009. Morgan Stanley projects it could grow to USD 2.8 trillion by 2028. In Asia, where Kilde operates, the wealth management market is worth around USD 100 trillion and is growing by about 20% annually. More and more investors are moving away from traditional banks and asset managers toward digital platforms that offer greater transparency, control, and lower fees. This trend is further reinforced by companies delaying IPOs and relying on private financing—opening up a wider range of quality investment opportunities for Kilde.

Since its inception in 2020, Kilde has grown from zero to more than USD 130 million in assets under management and USD 2.5 million in annual revenues in 2024. By 2030, it aims to reach USD 100 million in annual revenues, which at a valuation of over USD 1 billion could make it a so-called unicorn. Kilde is licensed by the Monetary Authority of Singapore in Dealing in Securities and as an Exempted Financial Advisor.

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