Creditstar Group, a European fintech lender specializing in consumer credit solutions, has announced the closing of a second funding facility worth $10 million from Singapore-based investment platform Kilde. The new commitment follows an earlier $10 million facility provided in November 2024, bringing Kilde’s total investment in Creditstar to $20 million.
Kilde is known for connecting family offices and accredited investors to private credit opportunities across Europe. By channeling Asian capital into established European fintechs, the platform continues to strengthen cross-border investment flows and diversify its investors’ access to high-performing credit portfolios.
Founded in 2006 in Estonia, Creditstar has grown into one of the region’s prominent consumer lending players, currently operating in eight European markets. Over the years, the company has built a reputation for combining data-driven credit assessment models, technology-driven scalability, and a multi-channel funding strategy, allowing it to expand consistently while remaining profitable.
The new funds will be allocated towards expanding Creditstar’s lending portfolio and enhancing the company’s already diversified funding structure. The injection comes at a time when consumer lending in Europe is seeing steady demand, and Creditstar is positioning itself to capture further market share.
Commenting on the deal, Aaro Sosaar, CEO of Creditstar, said:
“Kilde’s follow-on commitment reflects continued confidence in our credit quality, performance, and governance. The fundamentals speak for themselves: 30.6% portfolio growth to €406.8 million, €7.3 million net profit in 2024, and our largest-ever bond issuance of €46 million in May. Kilde’s decision to commit additional capital demonstrates trust in our operational execution and disciplined risk management.”
On the investor side, Radek Jezbera, co-founder of Kilde, highlighted Creditstar’s resilience and fundamentals:
“We see an established fintech with institutional-grade discipline. Strong growth, continuously improving profitability, scalable technology, and prudent risk management give us confidence in Creditstar’s ability to perform consistently across market cycles.”
With this renewed backing, Creditstar aims to further consolidate its position as a reliable European alternative lender, demonstrating how fintechs with a long-term track record, robust governance, and innovative funding approaches continue to attract international capital even in a cautious investment climate.