KILDE is a global private debt marketplace where alternative lending firms (Non-Banking Financial Institutions) raise debt capital with institutional and accredited investors. KILDE assists the participants throughout the entire process of arranging the debt issuance in the form of debt securities, private placement of the securities, subscription, settlement, and loan monitoring.

KILDE arranges investments in alternative debt through debt securities (debentures). Alternative lenders issue debentures, which are offered to a pool of investors at the platform, within the credit limit set by KILDE. The platform automates the entire process of issuance, subscription and settlement of the debentures and assists the participants throughout the entire investment cycle. Each alternative lender has an extensive information profile at the platform. Moreover, each debenture issuance is supplemented with Information Memorandum and Pricing Supplement. The investors and the alternative lender issuing the debentures sign the sales agreement digitally in the platform. Proceeds from the sales of the debentures are transferred weekly to the escrow account of the participants. Funds are held in a segregated account controlled by a third-party escrow agent, which is responsible for managing payments and registering the debentures holders.

We built the platform willing to differentiate our solution from what is currently available in the market.

• Investors do not bear the credit risk of individual loans. The borrower is obliged to repay the principal and interest to the investors, irrespective of the performance of the underlying loans;
• Investors have access to a convenient marketplace to diversify their investment portfolio. The credit risk of the underlying loans is spread among a handful of alternative lenders with whom we manage the risks through continuous credit assessment;
• Alternative lenders can find additional sources of funding to increase their loan portfolio and provide cheaper and less restrictive loans to their customers.

KILDE PTE LTD is incorporated in Singapore under the registration no. 201929587K and holds a Capital Markets Services licence (CMS101016) issued by the Monetary Authority of Singapore to deal in capital markets products under the Securities and Futures Act (Cap. 289).

In case of such an unlikely event, KILDE will stop accepting new funds from investors and will cancel the issuance of new debentures. The platform will operate until all the active debentures are liquidated in the system, which means that the loan originators must keep following the payment schedule of those debentures so that investors can be paid accordingly to the terms of their ongoing positions.