Liquidity Group, a credit-orientated FinTech platform, has received $775m in capital commitments led by Apollo and MUFG.
The commitments, which are subject to satisfaction of certain conditions, will include $425m from Apollo Funds for a credit facility to help Liquidity scale its lending activity for late-stage technology companies, $300m from MUFG Bank, for a debt fund JV named Mars Growth Capital, investing in future unicorn companies, as well as a $50m SAFE note investment by Apollo Funds, MUFG Innovation Partners and Spark Capital.
Liquidity Group, founded in 2018, is a credit-oriented FinTech platform that invests, syndicates and automates growth and middle market lending for businesses around the world, providing capital mainly to later-stage technology companies.
Liquidity 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. Since inception, Liquidity has committed more than $1bn in capital to fast-growing companies, including Etoro, Zetwerk & Homer.
Bret Leas, Apollo partner and global head of structured corporate credit & ABS, said, “We’re pleased to form this new capital partnership with Liquidity Group to support their growth while helping our investors access attractive yield with strong credit fundamentals.
“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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