FAQs

No. Once Auto-Invest has successfully subscribed to a bond, it follows the same settlement process as manual investments. Auto-Invest subscriptions and manual subscriptions are settled together during the normal tranche settlement process.

No, Auto-Invest only subscribes to bonds that strictly follow the parameters you have set in the strategy. It does not automatically request early redemption of bonds subscribed to by the strategy.

There are two stages in the investment process: "Committed" and "Settled." Until 6:00 PM SGT on any business day, you’re free to cancel the investment if you change your mind. At 6:00 PM SGT each business day, all committed investments are reviewed and confirmed. Once settled, your investment becomes active and is no longer cancellable. Depending on the specific deal, you may still be able to request an early withdrawal through the platform after settlement.

For detailed guidance on the tax treatment of interest income for individuals in Singapore, please refer to the Inland Revenue Authority of Singapore (IRAS) webpage titled "Interest." This resource provides comprehensive information on taxable and non-taxable interest, including examples and reporting requirements.

You can access this guidance directly here ↗.

Please note that while this page offers valuable insights, it may not explicitly reference Section 13(1)(zh) of the Income Tax Act. For specific legal provisions, consulting the Income Tax Act or seeking professional tax advice is recommended.

Yes. Manual investing and Auto-Invest can be used together.

However, they draw from the same wallet balance in the same currency. If you manually invest after Auto-Invest has identified an opportunity but before the Auto-Invest order is executed, your manual investment may reduce the funds or tranche availability that Auto-Invest would otherwise have used.

In practice, this means manual investments can overtake Auto-Invest while an Auto-Invest order is still awaiting execution. Once an Auto-Invest subscription has already been executed and reserved, a later manual investment does not displace it.

Yes. Kilde supports joint accounts for investors who wish to include their spouse, partner, or family member in the ownership of their investment account.

Yes. You can:

• edit a strategy
• pause and reactivate it
• delete it

Changes affect future Auto-Invest behaviour only. Investments already made through that strategy remain in your portfolio and continue through their normal lifecycle.

Yes. Your joint account holder can place investments through the joint account once they have:

• Completed KYC (identity verification), and
• Agreed to be treated as an Accredited Investor (AI) for that joint account (AI opt-in)

If the joint account holder does not opt in as an AI, the joint account will be classified as a retail investment account, and access will be limited for Accredited Investor products.

No. IRAS requires a COR that meets the criteria above.

Other documents (residence permits, tax payment slips, etc.) won’t be accepted for treaty relief.

No, Auto-Invest only subscribes to bonds that strictly follow the parameters you have set in the strategy. Auto-invest does not sell bonds to rebalance your position.

Auto-Invest itself does not add a separate usage fee.

However, investments made through Auto-Invest follow the same subscription flow as manual investments. This means the normal economics of the selected bond still apply, as they would for a manual subscription, including any standard investor subscription fee, accrued interest, and discount mechanics that apply to that product.

So the short answer is:

• no extra fee for using Auto-Invest as a feature
• normal investment charges, if applicable to the selected bond, still apply

No, withholding tax does not apply to payments made to residents of Singapore.

They can all be active at the same time and considered during the same Auto-Invest cycle. Earlier executed strategies may consume wallet balance or matching tranche capacity before later executed strategies are processed.

You typically apply via your home country’s tax authority after 31 December for the prior calendar year.

Examples of portals & typical timelines:

If you have more than one active Auto-Invest strategy, they do not run as completely separate, independent portfolios. The platform considers all active strategies and assigns them a priority sequence.

The effective priority is based on recent execution history:

• strategies that were executed more recently are considered first
• strategies that have never been executed are considered after those

The KILDE platform provides a user-friendly dashboard that allows you to easily monitor and manage your investments at any time.

Once a strategy is active, the platform checks the listed bonds against that strategy's criteria. If a matching bond is found, Auto-Invest can place an order and then attempt to execute it using the same subscription flow as a manual investment. The strategy only invests in bonds that match its configured currency and filters.

In practice, Auto-Invest is triggered when:

• a new eligible bond is listed
• you activate or update an Auto-Invest strategy
• a fresh deposit is credited to your wallet

Each Auto-Invest strategy is single-currency. A strategy only matches bonds in its configured currency and uses wallet funds in that same currency.

In practice:

• a USD strategy only invests in USD bonds using USD wallet balance
• an SGD strategy only invests in SGD bonds using SGD wallet balance

This means strategies in different currencies are mostly independent from a funding perspective because they use separate wallet balances. However, they still run through the same Auto-Invest engine and queue, so there is no separate "currency priority" layer that guarantees one currency runs before another.

Investors can view live deals directly on the platform and access each one to proceed with their investment. Upon investment, they will be issued debt securities (debentures).

KILDE oversees the entire investment process, including deal arrangement, collection of interest payments from borrowers, distribution of interest to investors, providing regular updates, managing investor withdrawals, and handling the finalization of investments upon maturity.

WHT may apply to interest if the issuer is Singapore-based or the debenture is issued from a Singapore-based SPV.

If neither is Singapore-based, WHT doesn’t apply.

This largely depends on an investor’s investment preference which could be influenced by factors such as geographical exposure, return rates, tenure and currency of choice. At Kilde, we host deals that are denominated in SGD, USD and EUR.

‍

Additionally, we provide essential documents, including the Information Memorandum for each deal, ensuring investors have a comprehensive understanding of the investment. You can also reach out to your respective relationship manager for a proposal.

1. Primary account holder onboards first as an Accredited Investor
   
2. Once the account is active, contact the Kilde team ([email protected]) to request a conversion to a joint account
   
3. Provide details of your joint account holder
   
4. Kilde will send a separate KYC link to your joint account holder for identity verification. He/she must also sign an Accredited Investor (AI) opt‑in consent form
   
5. After verification, the joint account holder’s name will be added to the account title (e.g., “John Tan/Mary Tan”), but the login remains tied to the primary holder’s email and two-factor authentication
6. Kilde will confirm once the joint account designation is completed

Creating an account with us is simple. Click "Create Account" button on our website or click "Join" in the navigation pane on top of the page, and fill out your information in the registration form.

Once this is done, you will get an email with a verification link to verify your email address. You then will be able to log in to your Kilde account and complete the required steps to activate your account and start investing.

Please keep in mind, that you must be an accredited or institutional investor, as classified by the Monetary Authority of Singapore, to be able to invest with us. Once registered, you will be asked to fill out the questionnaire to check that you qualify as accredited investor. You will also be asked to provide specific documents to confirm your status.

For institutional investors, our investor relations team member will be getting in touch with you to discuss the corporate documents that shall be provided.

In case you are an alternative lender, a due diligence process is performed by KILDE’s team to determine if your company matches the minimum requirements to join the platform. Please, get in touch with our sales team ([email protected]).

Upon completing your onboarding, you will receive your account details and step-by-step instructions for depositing funds into your KILDE account.

Your funds are held in a Client Monies safeguarding account in DBS Bank Singapore. This structure ensures your assets are strictly separated from KILDE’s operational funds at all times.

To ensure security, all transfers must be initiated by the customer on the platform. We also employ a horizontal segregation of duties, meaning no Kilde employee can initiate a withdrawal or transfer of your funds.

Please note the following important details regarding fund transfers:

• If you make a payment from a DBS personal bank account, the funds will be reflected in your KILDE wallet in near real-time.
• Transfers from other Singapore-based banks, whether via bank transfer or PayNow, are generally reflected in your wallet immediately.
  

PayNow transfers from DBS and non-DBS bank accounts usually reflect almost instantly unless otherwise stated.

In rare cases, there may be slight delays due to external factors in the banking system (e.g., app maintenance or interbank processing times).

The withholding tax rate varies depending on factors such as the recipient's country of residence and the existence of a tax treaty between Singapore and that country. You can refer to those rates here ↗.

KILDE will withhold the applicable tax from your interest payments at the appropriate rate and remit it directly to the Inland Revenue Authority of Singapore (IRAS) on your behalf.

You can invest manually or set up automatic investments by creating your own investment strategy. Do note that once each deal has raised the funds it needs, it will close for further investment, and you will be unable to invest in it further unless an existing investor redeems the deal early.

You can request a partial or full withdrawal of funds from your account at any time via the KILDE platform dashboard. Please note that depending on the destination country, it may take several business days for the payment to be processed and reach you.

KILDE investments:

• Outperform traditional fixed-income investments 
• Provide regular stable income with opportunities to exit
• Are backed by real recoverable assets
• Provide peace of mind for you as an investor because KILDE holds a Singapore Capital Market Services (CMS) licence

The unique combination of strong performance, income stability, liquidity, and lower risk makes KILDE investments stand out.

Here’s a deeper look at our approach, with a comparison to other available products in the market:

Performance

• KILDE offers 11%–15% annualised returns with steady monthly or quarterly payouts—balancing performance with income stability.
• Bank Deposits & Bonds yield 1%–6% annually with lower risk, but limited growth.
• Stocks may deliver higher returns but are volatile and subject to market and economic swings.
• Cryptocurrency is highly unpredictable, with sharp price swings and no asset-backed security.

Capital Protection 

• KILDE prioritizes risk mitigation: in the event of a default, our investors are first in line to receive repayment. Our senior-secured debentures, backed by the loan portfolios of borrowers, are typically supported by 1.6 times the value of the investment, providing a cushion against potential losses. 
• Do note that capital is not guaranteed.

 Regular stable income 

• Whereas most investment products rely on capital appreciation i.e. growth of value over time, KILDE gives investors consistent monthly or quarterly cash income - ideal for investors looking for regular income payouts.

Early Withdrawal Capability

• Most KILDE investments offer early withdrawal options every 3-6 months, providing greater liquidity compared to traditional private credit funds. Please review the early withdrawal schedule for each investment to understand the available options.

Backed by Cash Collateral

• Backed by Cash Collateral
• KILDE has maintained a 0% default rate since 2021, owing to our rigorous credit screening and continuous financial monitoring.
• While High-Yield Bonds and P2P Lending offer similar returns, they lack the structured collateral protections provided by KILDE, potentially exposing investors to default risks.
• Crypto and speculative investments carry significant downside risks, with no underlying security or asset backing.

 Regulatory oversight & investor protection

• Unlike unregulated private offerings, KILDE operates under Singapore’s Capital Market Services (CMS) and Financial Advisory (FAA) licence, ensuring compliance with strict financial regulations

All interest rates are expressed as annual figures. Daily interest is calculated as annual interest/365.

KILDE acts as the sole intermediary between investors and the institutions it funds, reducing costs compared to traditional models that involve multiple intermediaries, each charging fees. Our end-to-end platform streamlines operations, allowing us to pass on more of the interest earned directly to investors.

We use advanced AI tools to assess the risk of payment defaults, approving only about 9% of potential borrowers who meet our strict criteria. In the unlikely event of a default, KILDE can enforce the collateral securing the deal, typically by managing or selling the institution’s loan portfolio, reducing risks for investors. To date, all interest and principal from KILDE-funded institutions have been paid as expected, demonstrating our strong risk management approach.

KILDE also offers additional benefits:

• It democratizes access to investments that were previously unavailable to private investors, broadening investment opportunities for a wider audience.
  
• The institutions we fund often provide financial support to underserved individuals, helping improve economic opportunities for them and their families.

Investments typically have a fixed tenure of 12 to 36 months, but many deals offer early withdrawal options that may shorten your investment period. For specific early withdrawal dates, kindly refer to the respective deal pages.

Auto-Invest is not only processed at settlement time. The system continuously checks for Auto-Invest orders and attempts to execute them at regular intervals.

In other words, Auto-Invest subscriptions are typically attempted shortly after a trigger event rather than waiting for the later tranche settlement event.

Portfolio size is a ceiling, not a guarantee of immediate deployment. It defines the maximum amount the strategy is allowed to invest over time. If suitable bonds are unavailable or your wallet balance is insufficient, some of that target allocation may remain undeployed in your wallet.

Navigate to the Auto-Invest tab on the Investments page. Click "Create Strategy" and select your desired investment criteria. Allocate the funds, and the platform will then automatically filter the available deals, purchase those which meet your investment strategy, and add them to an investment portfolio for you.

Yes, KILDE PTE LTD is incorporated in Singapore under registration no. 201929587K and holds a Capital Markets Services Licence (CMS101016) ↗ issued by the Monetary Authority of Singapore to deal in capital markets products under the Securities and Futures Act (Cap. 289). KILDE is also an Exempt Financial Adviser under the Financial Advisory Act.

• Option 1 (Reduced WHT): Opt for a treaty-reduced rate by committing to provide your COR. Submit the COR after year-end but before the end of February (e.g., for 2025 income: 1 Jan 2026 – 28 Feb 2026).
• Option 2 (Flat WHT): Don’t provide a COR and accept a 15% WHT.

Per IRAS, a COR must:

1. Be certified by the foreign tax authority of the non-resident.
2. Be in English (or accompanied by a certified English translation).
3. Clearly state that the person/entity is a foreign country/region resident for DTA purposes and the year(s) the COR applies to.

To create an account with Kilde and begin investing, you need to provide the following types of documents:

The Onboarding section of the KILDE platform guides you on which documents are required for each case, and our team is always ready to support you for a smooth onboarding experience.

KILDE charges a fee of 0.5% p.a. on total investments outstanding. The fee is deducted pro-rata from the regular payments made to you.

KILDE maintains a rigorous risk management process, accepting only about one in ten borrowing institutions that approach the platform. To date, none of the accepted institutions have defaulted or gone out of business. Our team conducts continuous credit risk assessments and actively monitors changes in risk.

In the event that a KILDE-funded institution goes out of business, KILDE can enforce the collateral securing the deal by taking control of the institution's loan portfolio. This allows us to either manage, sell, or wind down the portfolio, which may include recovering collateral from the institution's end-customers. While capital recovery cannot be fully guaranteed, KILDE is well-positioned to take decisive action to maximize the recovery of investors’ funds.

You must pay the difference between what was withheld and 15%, and IRAS may impose a 5% penalty on the outstanding WHT.

Example: If 5% was withheld but no COR is provided at reconciliation, you owe the additional 10% plus a possible 5% penalty on the WHT.

In the unlikely event that KILDE decides to cease operations, we will stop accepting new investments and cancel the issuance of new debentures. The platform will continue to operate until all investments have matured and all investors have received their due payments.

If no listed bonds match your strategy, nothing is purchased. Your strategy remains active, and your funds remain in your wallet until:

• a new eligible bond is listed
• you edit the strategy
• you make a new deposit

If your wallet balance is insufficient, Auto-Invest will not complete the investment for that strategy at that moment. Your strategy remains active, and the system can try again on the next trigger event.

This also means that a strategy may match an opportunity, but still not invest because:

• your available wallet balance is too low
• your remaining portfolio size limit has already been reached
• your maximum investment limit for that borrower has already been reached

Auto-Invest first identifies and places potential orders, and then later attempts to execute them. Between those two steps, the situation may change:

• another investor may subscribe to the bond
• you may invest manually
• your wallet balance may change

If that happens, the Auto-Invest order may be reduced, ignored, or fail to execute.

A COR (sometimes called “Certificate of Residence”) is an official document confirming the country where an individual or company is a tax resident for Double Taxation Agreement (DTA) purposes.

You must provide a COR each year to enjoy reduced WHT rates under Singapore’s tax treaties.

Other proofs (e.g., residence cards, tax paid slips) aren’t accepted for treaty benefits.

Auto-Invest lets you define one or more investment strategies in advance so the platform can automatically subscribe to future bonds that match your criteria.

Instead of manually reviewing every new opportunity, you set your preferred currency, portfolio size, maximum allocation per borrower, interest-rate range, tenor, countries, product types, and loan originators, and the system monitors eligible listed bonds on your behalf.

KILDE is a trusted and regulated investment platform designed to help individuals grow their wealth safely and strategically. We help individuals, financial professionals, businesses, and institutions in connecting them to high-quality private credit deals that provide reliable monthly income, often yielding returns significantly higher than traditional bank offerings.

Our platform is user-friendly, and our expert advisors are always available to provide guidance and support. Whether you're new to private credit or a seasoned investor, we ensure a straightforward and transparent experience.

At KILDE, we are committed to making smart, accessible, and rewarding investments available to all.

We do not impose a minimum investment requirement; however, please note that each bond is denominated in units of 100 USD, SGD, or EUR, depending on the currency of the respective tranches. For meaningful returns on investment, we recommend a minimum investment of 10,000 USD, SGD, or EUR.

Auto-Invest is best understood as an automated subscription assistant, not as a guaranteed allocator. It can only invest when matching opportunities exist, and when enough wallet balance is available at the moment the order is actually executed.

Withholding tax refers to the tax deducted at source on certain payments made to non-residents of Singapore. It is designed to ensure that non-residents fulfill their tax obligations on Singapore-sourced income.

In Singapore, entities such as KILDE are legally required to withhold a portion of payments made to non-residents and remit it directly to the Inland Revenue Authority of Singapore (IRAS). The withholding tax rate varies depending on factors such as the recipient's country of residence and the existence of a tax treaty between Singapore and that country.

For KILDE investors, withholding tax may apply to interest payments from Singapore-based entities, though not all deals are subject to this tax.

An investor can refer to the “Next interest payment” available on the respective deal pages. Received interest payments can be either reinvested or withdrawn. The frequency of interest payments varies by deal, with most paying either monthly or quarterly.

A fresh deposit can trigger Auto-Invest shortly after the deposit reaches your wallet. The system rechecks your active strategies and attempts to invest available wallet funds into matching bonds.

Important: a deposit does not guarantee an investment. Auto-Invest will only invest if all of the following are true:

• the strategy is active
• an eligible listed bond is available
• you have enough wallet balance in the matching currency
• the strategy still has room within its portfolio size and borrower limits

We accept deposits in USD, SGD, and EUR. If you wish to invest in USD but wish to deposit in SGD or EUR, you can easily request a currency exchange on the KILDE dashboard.The exchange rate used would be the DBS preferential rates.

Withholding tax will apply if:

1. The issuer of the debenture is based in Singapore, or
2. The debenture is issued from a Singapore-based Special Purpose Vehicle (SPV)

For deals where the issuer is not based in Singapore and the debenture is not issued from a Singapore-based SPV, withholding tax will not apply.

Kilde is able to onboard Accredited Investors, businesses and financial institutions as outlined by the Singapore's Securities and Futures Act (SFA) and its associated regulations.

1. Individual/Accredited Investors

Individual/Accredited Investors are individuals who meet specific wealth or income criteria. They are considered sophisticated investors subject to fewer regulatory protections than retail investors.

An individual qualifies as an Accredited Investor if they meet at least one of the following conditions:

• Income: earned income of at least SGD 300,000 in the past 12 months
• Net Personal Assets: at least SGD 2 million, including primary residence (capped at SGD 1 million)
• Net Financial Assets: at least SGD 1 million in cash, deposits, investment products, or other acceptable financial instruments

To be treated as an Accredited Investor, an individual must opt-in to be treated as such. 

2. Corporate/Accredited Investor

Corporate/Accredited Investors are businesses which meet specific wealth or income criteria. They are considered sophisticated investors subject to fewer regulatory protections than retail investors.

A business qualifies as a Corporate/Accredited Investor if it meets either of the following conditions:

• Net Assets: at least SGD 10 million in total net assets
• Net Financial Assets: at least SGD 1 million in cash, deposits, or investment securities

Unlike individual investors, Corporate/Accredited Investors do not need to opt-in to being treated as an Accredited Investor.

3. Institutional Investors

Institutional investors are typically large financial institutions or entities that meet specific legal criteria. They are granted the broadest access to financial markets with minimal regulatory protection.

Institutional Investors are:

• Banks, finance companies, and insurers licensed under Singapore laws
• Capital market services licence holders, such as fund managers and brokerages
• Investment companies and pension funds
• Sovereign wealth funds and government agencies
• Entities fully owned by an institutional investor

Institutional Investors do not need to opt in to be treated as such: they are automatically classified based on their nature.

The KILDE platform guides each investor through the onboarding process according to their classification.

• The primary account holder must be an Accredited Investor
• The joint account holder does not need to be an Accredited Investor but must agree to be treated as such. We recommend joining the account with a spouse or other family member
• The joint account holder must still complete KYC identity verification

• Only the primary accredited investor has login credentials and two-factor identification access
• The joint account holder cannot have a separate login at this stage
• If the primary account holder cannot manage the account, the joint account holder’s legal connection is already recognised, and they may request access

Non-resident investors (individuals or entities) seeking treaty relief on Singapore-sourced income (e.g., interest from certain deals) should submit a COR annually.

• Allow a spouse, partner, or family member to be formally recognised as co-owner of investments
• To support inheritance and estate planning by linking both names to the account

A valid COR is mandatory if you receive Singapore-sourced interest and want to use a treaty-reduced WHT rate. Without it, the default WHT of up to 15% applies.

Yes. Kilde is planning to introduce multi-user logins in the future. This will allow both account holders to have their own logins and permissions.