Liquidity Capital, a leader in the credit automation market, providing scaled, fast, debt funding to high-growth companies globally, has secured $775 million in capital commitments, with participation from Apollo (NYSE: APO) affiliates. Liquidity has supplied more than $1 billion in funding to firms such as eToro and Zetwerk by utilizing proprietary artificial intelligence that performs due diligence in 72 hours vs the industry standard of six to twelve weeks. Apollo Funds has committed $425 million for a credit facility to help Liquidity scale its lending activity for late-stage technology companies. MUFG Bank (NYSE: MUFG) has committed $300 million for a debt fund JV called MARS Growth Capital, which will invest in future late-stage tech unicorns. Apollo Funds, MUFG Innovation Partners, and Spark Capital have committed $50 million for a SAFE (simple agreement for future equity) note investment.
Fintech Liquidity Group Gets $775m In Capital Commitments – ISRAEL21c