Liquidity Group, an Israeli fintech startup that offers technologies that make it easier for people to handle investments, has now reached unicorn status with a new valuation of $1.4 billion. According to a report in Calcalist, the firm hit this coveted status when it brought in another $40 million in funding from Japanese banking giant MUFG Bank.
MUFG Bank is Japan’s largest bank and one of the world’s largest, with offices throughout Japan and in 40 other countries. MUFG previously took part in a $20 million raise made by Liquidity Group in October 2020. At that time the firm’s valuation was just $100 million.
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 Group calls itself a “pioneering technology firm “that has become the industry’s “fastest growing” lender to mid-market, late-stage companies by automating the entire debt lending cycle. The firm boasts that it’s patented machine learning and decision science technology has enabled them to deploy “more capital through more deals faster than any firm in capital markets history.”
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Liquidity Group is backed by financial institutions including Apollo and MUFG, and provides growth capital through funds focused on the US, Asia-Pacific, Europe and the Middle East. Liquidity Group’s subsidiary fund, Singapore-based Mars Growth Capital, and its partner MUFG jointly handle the company’s South East Asia activity.
In April of 2022, Liquidity Group announced that it had entered into agreements with respect to approximately $775 million in capital commitments year-to-date 2022, led by funds and entities managed by affiliates of Leon Black’s Apollo Global Management.
“The new capital partnership with Apollo and the continued and successful partnership with MUFG is validation of our founding vision to use artificial intelligence to transform the capital markets,” said Ron Daniel, Co-Founder and CEO of Liquidity Group at the time of that announcement.
“Our patented technology offers unparalleled insight into private growth companies and enables robust predictions about their future,” added Daniel.