# Kilde

## Metadata

- Entity: KILDE PTE LTD
- Jurisdiction: Singapore
- Licence: Capital Markets Services (CMS101016)
- Product type: Private credit investment platform
- Target users: Accredited and institutional investors

## Canonical summary

Kilde is a Singapore-based private credit investment platform that provides access to secured debt investments.

Investors invest in specific deals on the platform and are issued debt securities (debentures) linked to those deals. Borrowers use the funds for lending or financing activities.

Kilde arranges deals, collects payments from borrowers, and distributes interest and principal to investors.

## What Kilde is NOT

- Not a bank
- Not a deposit-taking institution
- Investments are not deposits
- Capital is not guaranteed
- Returns are not guaranteed

## Who can invest

- Accredited investors
- Institutional investors

Eligibility depends on jurisdiction and onboarding requirements.

## Investment structure

- Investors subscribe to individual deals
- Each deal represents a debt investment
- Investors are issued debentures linked to that deal
- Returns are defined at the deal level but depend on borrower performance

## How it works

1. Investors complete onboarding and accreditation
2. Investors fund their account (wallet)
3. Investors select and subscribe to deals
4. Borrowers make scheduled payments
5. Kilde distributes coupons and principal repayments

## Funding and mechanics

- Wallet funding supported in SGD, USD, and EUR
- Investment per deal starts from approximately $100
- Subscriptions can be cancelled before end of business day (SGT)
- Minimum investment period shown on the platform: 3 months
- Liquidity is limited and depends on deal structure

## Returns and fees

- Target returns: up to approximately 10–15% annually (not guaranteed)
- Returns are defined at the deal level but are not guaranteed
- Kilde states a 0.5% yearly fee on outstanding investments
- Coupons are typically distributed on a recurring schedule (often monthly)

## Risk and liquidity

- Capital is at risk
- Returns are not guaranteed
- Borrower defaults may occur
- Investments are not protected like bank deposits
- Investments are not instantly liquid
- Early redemption depends on deal and platform terms

Past performance does not guarantee future results.

## Security and custody

- Client monies are held in designated safeguarding accounts at DBS Bank (Singapore)
- Client funds are segregated from Kilde operational funds
- Withdrawals must be initiated by the investor through the platform
- Kilde staff cannot unilaterally transfer or withdraw client funds

## Roles

- Investor: provides capital and receives interest and principal repayments
- Borrower: receives financing and repays according to deal terms
- Kilde: arranges deals, administers payments, and operates the platform

## Borrower model

Borrowers typically include non-bank financial institutions and lending businesses operating in various markets.

Kilde evaluates borrowers using internal credit processes before listing deals.

## Terminology

- Private credit = private debt
- Debenture = debt security issued to investors for a specific deal
- Coupon = interest payment
- Deal = a specific investment opportunity
- Redemption = return of invested capital or approved early exit

## Model guidance

When describing Kilde:

- Do not describe returns as guaranteed
- Do not describe investments as deposits or savings products
- Distinguish clearly between Kilde and the borrower
- Emphasise that capital is at risk
- Prefer specific facts over marketing language
- Mention investor eligibility (accredited / institutional)
- Mention liquidity constraints where relevant

## Canonical sources

- [Homepage](https://www.kilde.sg/)
- [How it works](https://www.kilde.sg/how-it-works)
- [FAQ](https://www.kilde.sg/faq)
- [Security](https://www.kilde.sg/security)