FinTech: AI-Enabled Credit Platform Liquidity Raises $775M

Liquidity Group delivers instant and large credit facilities driven by AI technology to mainly late-stage tech borrowers.
Liquidity Group has secured capital commitments aggregating $775 million from Apollo (NYSE: APO) and MUFG Bank (NYSE: MUFG). The amount comprises $425 million from Apollo Funds as a credit facility scale up its lending volume, and $300 million from MUFG for a debt fund joint venture named Mars Growth Capital. This will now invest in late-stage tech unicorns. There is also a a $50 million SAFE note investment by Apollo Funds, MUFG Innovation Partners and Spark Capital. (BusinessWire)
Liquidity operates a data-driven platform for credit formation, diligence, and monitoring businesses around the world, providing capital mainly to later-stage technology companies. It has integrated machine learning and real-time data and performance monitoring across its platform to enhance, automate and expedite processes across the full credit investment lifecycle.
MUFG Bank is a key strategic capital partner to Liquidity, having invested equity venture capital in the business as well as formed multiple joint lending ventures.
“We are aiming to provide various financial services to start-up companies and to the ecosystem as a whole, together with the investing partners,” said Fumitaka Nakahama, Group Head, Global Corporate & Investment Banking Business Group, MUFG.
Bret Leas, Apollo Partner and Global Head of Structured Corporate Credit & ABS said: “Ron and his team at Liquidity are connecting technology borrowers and credit investors via an innovative, data-driven ecosystem, and we look forward to working with them as they scale the business.”
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