Published on 
July 14, 2022

Kilde and Fundnel partner with Atome to introduce BNPL to the income investors

By 
Aleksandra Yurchenko

We are happy to announce our partnership with Atome. Atome has become a household brand name with its Buy Now Pay Later (BNPL) offering across ten Asian markets. In the partnership, Kilde facilitates fundraising activities for the homegrown champion Atome, giving qualified investors an opportunity to take part in the growth of one the most recognized brands in the BNPL industry.

“I am excited about the partnership with Atome, the firm that has made Singaporean consumers familiar with three instalments, zero interest concept,” said Radek Jezbera, CEO of Kilde.

Kilde has joined forces with Fundnel, Southeast Asia’s largest licensed digital marketplace for alternative assets, to reach their network of investors on Fundnel and Hg Exchange (part of the Fundnel Group). Hg Exchange will support the tokenization and digital custody of alternative assets, as well as the liquidity of the investment.

“Fundnel is thrilled to offer our investors innovative and diverse opportunities that break the mold of typical private market offerings,” said Willie Chang, CEO of Hg Exchange, part of the Fundnel Group. “Our partnership with Kilde and Atome brings yet another exciting listing to our network of over one million investors.”

About Atome

Founded in 2018, Atome has grown to become one of Asia’s leading BNPL platforms. Since its inception, Atome has issued over US$1.8bn in loans across its Digital Lending and BNPL businesses  and is present in ten key markets — namely, China, Hong Kong, Indonesia, Malaysia, Singapore, Thailand, Philippines, Taiwan, Japan and Vietnam — and has partnered with over 10,000 local and global retail brands and retailers including international brands such as Nike, Tissot, Sephora, and Zalora amongst others, across a wide range of verticals including fashion, beauty, and more.

About Kilde

Kilde is a regulated investment platform for alternatives. We operate as a two-sided platform connecting institutions and HNWIs with securitised private investments. Our main alternative asset classes are private debt, venture debt, and recurring revenue financing.

We have partnered with leading non-banking consumer lending firms to give our investors safe and controlled access to consumer lending assets. Our unfair advantage is vast accumulated data on consumer assets performance as well as scalable investment and securitisation tech platform.

Thanks to our license for dealing in securities, we securitize alternative investments into privately placed securities.

About Fundnel

Fundnel Group is Southeast Asia’s largest digital marketplace for alternative assets. We aim to expand access to and liquidity in the private capital markets with Fundnel, our private investments technology platform, and Hg Exchange (HGX), Southeast Asia’s largest private digital securities exchange enabling institutions to better serve their investors.

We are headquartered in Singapore with a growing presence in 4 countries across the Asia Pacific region.

About Hg Exchange

Hg Exchange (“HGX”) is a private securities exchange founded in 2019 operating under the Fundnel Group, Southeast Asia's largest digital marketplace for alternative assets. HGX is regulated by the Monetary Authority of Singapore and holds a Recognised Market Operator license. Founders and major shareholders include leading financial institutions PhillipCapital, PrimePartners as well as blockchain pioneers Binance and Zilliqa. HGX supports secure and efficient cross-border issuance and trading of alternative assets through its technology infrastructure which is powered by advanced blockchain technology and proven exchange solutions. Key products span across equities, fixed income, funds, and asset-backed securities such as real estate and luxury goods.

In 2021, HGX launched the world's first tokenized whiskey-backed asset-backed security for trading. Binance was one of the most recent investors into HGX, taking an 18% stake in Dec 2021.

For further information about Atome and any additional questions, do not hesitate to send us an email at info@kilde.sg

About the author

Aleksandra Yurchenko

Aleksandra Yurchenko

Aleksandra is managing investor relations at KILDE, a regulated platform for alternative investments. KILDE is powering digital lending firms with debt capital to reach underbanked customers in South East Asia.

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