Creditstar Group, a European consumer finance and investment fintech operating across eight lending markets, has secured an additional $10 million in funding from Singapore-based Kilde, bringing the total commitment to $20 million. The new facility builds on the initial $10 million agreement signed in November 2024, deepening the two-year relationship between the two firms.
In its audited 2024 financial results, Creditstar reported a net profit of €7.3 million, a gross loan portfolio of €351.2 million and total assets of €367 million. By June 2025, the loan portfolio had grown to €406.8 million—a 30.6 % year-on-year increase—underpinned by strong risk management, automation and data-driven underwriting. The group has operated profitably since its founding in 2006, completing nearly 50 bond issues on Baltic capital markets and returning over €100 million in interest to investors, with no defaults in its 18-year history.
How the funding will be used: The funding will be used to grow the loan portfolio across Creditstar’s eight European markets as part of its broader funding diversification strategy, which includes bonds, institutional partnerships, and a retail investment offering. The additional funding reflects institutional confidence in Creditstar’s performance and governance.
KEY QUOTES:
“Kilde’s follow-on commitment is a clear validation of our credit quality and performance and broadens our institutional funding mix. This additional capacity strengthens our capital efficiency and supports our plan to scale responsibly across regulated markets whilst maintaining diversified funding sources.”
Aaro Sosaar, Chief Executive Officer, Creditstar Group
“For more than two years, we have closely monitored Creditstar’s loan performance, credit metrics and management execution and see an established fintech with institutional-grade fundamentals. The combination of strong growth, continuously improving profitability, scalable technology and disciplined risk management gives us confidence in the Group’s ability to deliver through market cycles. We’re backing a proven platform with a significant runway for geographic and product expansion.”
Radek Jezbera, Co-Founder, Kilde
