The BNPL model continues its upward growth trajectory in Southeast Asia - a region with a growing middle class and a 50% of population outside the ambit of formal banking - with venture-backed startups dominating the scene. This is at the time when BNPL giants operating at mature markets globally are facing headwinds ranging from mounting interest rates, tepid consumer demand and rising debt concerns.
In this interview with the Asset, Radek Jezbera, Kilde's CEO and Co-Founder is discussing the impact of the pandemic, inflation, fintech, e-commerce and other market developments on the buy now, pay later business.
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While consolidation may be on the cards and challenges are afoot, BNPL will ultimately go from strength to strength, eventually becoming established as a mainstream payment option available to most consumers in most markets.
In 2020, Buy Now Pay Later (BNPL) accounted for $97 billion of global eCommerce transactions, and the figure is expected to double in the coming years. KILDE is helping individual accredited and institutional investors buy into the growth of BNPL.
In this The Business Times article, Kilde's CEO and Co-Founder Radek Jezbera explores his relationship with martial arts, specifically, Aikido and Systema, and shares how they helped shape the mindset for his journey as entrepreneur.
Alternative assets have been proven to drive growth in portfolios, serve as protection against inflation, and act as a hedge against volatility in public markets. Still, they are not easy to access for the regular investor, so while they represent a possible solution to rising inequality in Singapore, the question of access first needs to be tackled.
The region’s private credit markets are emerging as the next big opportunity for investors who are searching for higher yielding assets, and Singapore start-up, Kilde, is making a unique play for this under-tapped asset class.
KILDE has launched an alternative investment comparison website for the Singapore market.
individual investors face intense challenges in accessing alternative assets. Through its regulated investment platform, which gives individual accredited investors access to unique deals, KILDE breaks down these barriers and makes alternative investments more accessible.
KILDE has closed a pre-Seed funding round of US$350,000 (S$470,000) bringing its total funding to date to US$830,000 (S$1.12 million).