We are excited to announce a new partnership with Stikcredit, an innovative Fintech lending company established in 2013 to fill a gap in the consumer finance market in Bulgaria and South Eastern Europe. Stikcredit has issued more than $50M of loans since its inception, fortifying its position as one of the consumer finance leaders in South Eastern Europe. Last year was especially successful for Stikcredit, as they generated more than $9M revenue.
The issuance of private bonds in Singapore facilitated by Kilde is intended to diversify the Stikcredit’s funding sources further and contribute towards consistent growth of the loan book in Bulgaria, and speeding up plans to expand geographically.
Radek Jezberal, CEO of KILDE, commented:
"Stikcredit is one of the leaders in consumer finance lending in South Eastern Europe. We have been looking forward to begin the partnership with Stikcredit for a while. It is our pleasure to kick-off our relationship with a one million euros loan facility. Our partnership is only at the beginning as we will expand from here."
Svetlin Sabev, COO at Stikcredit, said:
“We are extremely excited about our partnership with KILDE. For a short period of time, KILDE has achieved to establish itself as one of the most progressive platforms connecting investors and lenders. We believe in their ability to grow and unleash the enormous potential of the private debt market.”
Stikcredit is a consumer centric company which focuses on speed through automation and excellent customer experience for the borrowers. Since inception back in 2013, the company has grown to become one of the leaders in innovation on the market, consistently showing strong customer engagement and user growth, with over 26,000 active customers of which 70% are returning customers. The company's competitive edge is a mixture of cutting-edge technology and operational excellence.
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KILDE is a regulated investment platform for alternatives from Singapore. It operates as a two-sided platform helping investors to discover and buy securitised private investments and borrowers to get liquidity for their operations. KILDE’s main asset classes are private debt, venture debt, and recurring revenue financing. KILDE is partnering with leading non-banking consumer lending firms to give its investors safe and controlled access to consumer lending assets. The company’s advantage is in the access to the vast accumulated data on consumer assets performance as well as scalable investment and securitisation technology platform.
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For further information about Stikcredit and any additional questions, do not hesitate to send us an email at email@example.com