Liquidity Capital, a credit-oriented fintech platform that invests, syndicates, and automates growth and middle-market lending for late-stage technology companies, announced a new funding round of $775 million from private equity powerhouses Apollo (NYSE: APO) and MUFG Bank (NYSE: MUFG). Apollo Funds has committed $425 million to a credit facility to assist Liquidity to expand its lending to late-stage technology companies, including an additional $50 million SAFE note investment with participation from MUFG Innovation Partners and Spark Capital. MUFG Bank provided $300 million in debt to help fund a joint venture called MARS Growth Capital which will also invest in late-stage tech.
Late-stage tech backer Liquidity raises $775M for its fintech platform from Apollo and MUFG