Creditstar Group has secured an additional $10 million facility from Singapore-based Kilde, bringing the total to $20 million. The extension builds on an agreement first signed in 2024 and will be used to support Creditstar’s lending portfolio across its eight European markets. The company reported a €7.3 million net profit in 2024 and a 30.6% annual increase in its loan portfolio by mid-2025. The new capital will contribute to a more diversified funding structure that includes institutional partnerships, retail investments, and bond issuances, as the group continues to grow within regulated lending markets.
Founded in 2006, Creditstar Group is a privately owned European fintech company providing consumer credit and investment products across eight regulated markets. Headquartered in Tallinn, Estonia, the company operates a digital platform that integrates lending and investment services under the Creditstar and Monefit brands. Its operations are supported by data-driven credit assessment, automation, and a centralised risk management framework. Creditstar funds its activities through a mix of fixed-income instruments, institutional partnerships, and retail investment channels, maintaining a consistent record of profitability since its establishment.
The additional capital facility builds on the initial $10 million agreement signed in November 2024 and deepens the group’s relationship with the Singapore-based digital private credit investment firm, established over two years ago. The additional funds will support portfolio growth across Creditstar’s eight European lending markets as part of its broader funding diversification strategy, which includes bonds, institutional partnerships and retail investment offering.
In its audited 2024 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, representing a 30.6% year-on-year increase, underpinned by strong risk management, automation and data-driven underwriting. Since its founding in 2006, the Group has remained profitable through multiple economic cycles, 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.
“Kilde’s follow-on commitment is a clear validation of our credit quality and performance and broadens our institutional funding mix,” said Aaro Sosaar, Chief Executive Officer of Creditstar Group. “This additional capacity strengthens our capital efficiency and supports our plan to scale responsibly across regulated markets whilst maintaining diversified funding sources.”
Creditstar provides consumer credit in eight European markets and has maintained profitability through multiple economic cycles since 2006. Its centralised risk management framework, supported by ML-driven underwriting across more than 1.4 million historical customer records, has delivered consistent credit quality.
“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,” commented Radek Jezbera, Co-Founder of Kilde. “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.”
The Group continues to expand both its consumer credit and investment platform. Monefit SmartSaver, its retail investment product available in 31 markets, has attracted more than €100 million since launch in 2022, providing cost-efficient funding that complements institutional partnerships. In addition, Creditstar completed its largest bond issuance to date in May 2025, raising €46 million across multiple tranches, underscoring continued investor demand.
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