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  • Creditstar Group marks three years of SmartSaver amid 62% annual growth

    Creditstar Group marks three years of SmartSaver amid 62% annual growth

    Vaults drive deeper engagement in three-year-old retail investment product; cumulative investor returns quadruple to €13.2 million.

    Creditstar Group, the European consumer-credit and investment fintech, marks three years of Monefit SmartSaver, its retail and corporate investment product available in 31 European markets. Launched in October 2022 under the Group’s Monefit brand, SmartSaver has entered a phase of faster growth over the past year, as investor participation and inflows increased.

    SmartSaver is an investment product with a 7.5% annual baseline, compounded daily.  The Vaults, introduced in March 2024, offer higher yields up to 10.52% in exchange for locking in the capital for longer fixed-term periods between six and 24 months.

    By the end of September, SmartSaver served almost 26,000 investors, an increase of 62% year-on-year. Over the same period, cumulative returns paid reached €13.2 million, representing a 308% increase, underscoring steady delivery and growing engagement.

    Adoption of Vaults has been a key driver behind this growth. More than 36,000 fixed-term positions are now open, over three times the level of the year before. This indicates a shift towards multiple positions with varying maturity terms for many investors and a preference for predictable returns alongside the main account. 

    Creditstar Group originates consumer credit under the Creditstar and Monefit brands across eight European markets. SmartSaver investments are allocated across a diversified pool of the Group’s consumer loan portfolio, giving retail investors access to its established financial infrastructure and extensive market experience.

    “SmartSaver was built to make high-quality investment opportunities accessible to everyone, not just institutions,” said Aaro Sosaar, the CEO of Creditstar Group. “With daily returns, fixed-term Vaults, and a clear, intuitive experience, we’re helping individuals and businesses across Europe grow their money with confidence.”


    As SmartSaver enters its fourth year, the Group plans to introduce a dedicated Monefit mobile app and new product offerings that broaden functionality within the same intuitive platform.

    SmartSaver is one part of Creditstar Group’s diversified funding strategy, alongside corporate bonds and institutional partnerships. This multi-channel approach strengthens the Group’s balance sheet and supports steady growth across its eight European markets.

  • Creditstar Group secures an additional $10m facility from Kilde, increasing facility to $20m

    Creditstar Group secures an additional $10m facility from Kilde, increasing facility to $20m

    London, UK and Tallinn, Estonia – 15 October 2025  – Creditstar Group, the European consumer finance and investment fintech, has secured an additional $10 million funding facility with Singapore-based Kilde, increasing the total to $20 million. The new funding reflects continued institutional confidence in Creditstar’s performance and governance.

    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.”

    “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.”

    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. 

    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.

  • Creditstar Raises €46 Million in Largest Bond Issuance to Date

    Creditstar Raises €46 Million in Largest Bond Issuance to Date

    Creditstar Group is pleased to announce the successful completion of its largest bond issuance to date, raising a total of €46 million, including proceeds from a pre-issuance completed earlier this year. The bonds carry nominal interest rates ranging between 11.5% and 13.5% and mature on 01.06.2026, 01.06.2027, and 01.06.2028.
    The funds will support Creditstar’s continued expansion across its eight European markets and the refinancing of existing obligations.


    The transaction attracted strong interest from a diverse group of investors, including institutional investors from Estonia, Lithuania, and Poland, highlighting broad regional confidence in Creditstar’s strategic direction and financial performance.

    Aaro Sosaar, CEO of Creditstar Group, commented:

    “We are very pleased with the results of this bond issuance. The strong demand and favorable terms reflect investor trust in our technology-driven credit operations. This raise supports our capital plan and allows us to continue scaling our digital-first services across Europe.”

    Valter Kaleta, Board Member at Creditstar Group, added:

    “This issuance saw participation from experienced institutional investors across the region and was completed on more favorable terms than our bond offerings last year, with interest rates reduced by 1%. The improved pricing signals growing market confidence in Creditstar and demonstrates the strength of our financial position. It’s encouraging to see our long-term strategy delivering tangible outcomes.”

    The successful issuance reinforces the company’s commitment to funding diversification and delivering innovative credit solutions across Europe.

    Creditstar Group maintains a strong European investor network and is a prominent issuer in the Baltic bond market. The latest issuance was registered by Nasdaq CSD SE, with legal documentation prepared by Sorainen.

  • Creditstar Group Investors Have Earned €100M in Interest

    Creditstar Group Investors Have Earned €100M in Interest

    Throughout the company’s history, Creditstar Group has paid over €100 million in interest to investors across fixed income instruments and various P2P financing platforms.

  • €24 Million Raised via Bond Issuance and Loan Syndicates

    €24 Million Raised via Bond Issuance and Loan Syndicates

    Creditstar Group raised €24 million through bond issuance and loan syndicates. Bonds were issued on the 3rd of June with 1, 2 and 3-year maturities.

  • Monefit SmartSaver 2nd Anniversary + UNICEF Initiative

    Monefit SmartSaver 2nd Anniversary + UNICEF Initiative

    In October 2022, Monefit launched SmartSaver. In the two years since then, over 15,000 investors from 31 countries have signed up, invested and started growing their wealth. We love our Monefit investors. And we also wanted to use our birthday to highlight and support a cause we truly believe in. As an investment platform, we support people in building wealth and living their best financial lives. But this doesn’t need to start when you’re already grown, employed, and worldly-wise. Financial literacy and education at an early age offers young people the knowledge to build smart financial habits before they start working. This builds a society where the younger generation are financially stable, supporting their mental health and overall lifestyle. UNICEF believes every child has the right to learn. They provide critical education support to young people across the globe, ensuring they get the fundamental education they need from an early age no matter where they live

    To support these efforts, at the end of our birthday week, Monefit will donate 0.1% of the total deposits. To help us in this good cause, the more you invest in SmartSaver during our birthday week (21st Oct to 27th Oct), the more we will donate.

    To support these efforts, at the end of our birthday week, Monefit will donate 0.1% of the total deposits. To help us in this good cause, the more you invest in SmartSaver during our birthday week (21st Oct to 27th Oct), the more we will donate.

  • Creditstar Group and Kilde Announce $10M (approx. €9.3M) Funding Agreement

    Creditstar Group and Kilde Announce $10M (approx. €9.3M) Funding Agreement

    We’re excited to share that Creditstar Group has signed a $10 million (approx. €9.3 million) funding limit agreement with Kilde, a private credit investment platform based in Singapore.

    This partnership is another strong step forward in our mission to help customers “Live Your Best Financial Life.”

    With this additional funding, Creditstar will continue to expand our flexible and transparent credit products across Europe, offering even more people convenient and accessible financial options. We’ll also continue to enhance our investment and savings products to support customers in over 40 countries in building secure financial futures.

    Kilde specialises in connecting family offices, funds, and accredited investors to private credit opportunities worldwide, focusing on well-capitalized companies with strong management and healthy balance sheets.

    Thank you to Kilde for their support and collaboration. Together, let’s empower even more financial journeys!

  • Updated UX released for Monefit.com

    Updated UX released for Monefit.com

    Driven by growing demand and valuable feedback from our lending and investing community, we’ve reimagined our Monefit brand web experience with upgraded design, smoother navigation and an overall enhanced user journey. Find out more at www.monefit.com

  • Creditstar Group Raises €11.3 Million in New Bond Issue Ahead of Upcoming Offering

    Creditstar Group Raises €11.3 Million in New Bond Issue Ahead of Upcoming Offering

    Creditstar Group is pleased to announce the successful completion of an €11.3 million bond issuance in March, with bonds issued on the 1st of April. The offering includes 14, 26, and 38-month maturities and was completed in collaboration with a financial institution in Lithuania.

    This transaction marks Creditstar’s largest issuance to date completed with a single partner and represents a strong start to the company’s upcoming bond offering, which will launch later in April with bonds issued on the 2nd of June.

    A portion of the proceeds from this issuance will be used to refinance bonds maturing in the upcoming issue, supporting Creditstar’s capital planning and ensuring a smooth transition between funding rounds.

    The funds raised will also support Creditstar’s continued growth across European markets, enabling the expansion of its consumer credit portfolio and the further development of its digital financial services.

    Aaro Sosaar, CEO of Creditstar Group, commented:

    “We’re pleased to see strong interest in this latest bond issuance. This raise supports our strategic objectives as we scale our operations and deliver accessible, transparent financial products to even more customers.”

    Valter Kaleta, Board Member at Creditstar Group, added:

    “This transaction demonstrates continued confidence from the investor community and gives us a solid foundation as we approach the next stage of our capital issuance plan — including our upcoming bond offering starting later in April. We look forward to building on this momentum. We are also pleased to note that the new issuance was subscribed at a lower weighted average coupon rate than that of the bonds it refinanced.”

    This bond issue contributes to the company’s capital planning ahead of the 1st of June maturity, reinforcing Creditstar’s proactive and balanced approach to funding and growth.

    Creditstar remains committed to diversifying its funding sources, maintaining a strong investor base, and supporting customers through innovative financial solutions.