MUFG Innovation Partners invested in Liquidity Capital
MUFG Innovation Partners invested in Liquidity Capital – the Israeli fintech and fund management com
MUFG Innovation Partners invested in Liquidity Capital – the Israeli fintech and fund management com0
MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and a wholly-owned subsidiary of MUFG, global leading financial group of Japan, and the Israeli Fintech and fund management company Liquidity Capital M.C. Ltd. (Liquidity Capital, controlled by Meitav Dash Investments) have partnered to scale Liquidity’s next generation underwriting platform for Tech companies globally, and to build a future strategic alliance to evolve next generation underwriting platforms for MUFG.
As a first step MUIP is participating in Liquidity’s current equity funding round (via CLA) together with Meitav Dash and other investors. The MUIP investment commitment is for up to 4 million USD at a valuation to be determined in Liquidity’s next qualifying funding round.
The objectives of the partnership are to fund Liquidity’s global expansion and accelerate the development of its technology with an emphasis on automation of the client interphase and to create the base for future integration of Liquidity’s underwriting systems with MUFG to enable better funding solutions for the bank for enterprises and tech companies.
“I am extremely confident that Liquidity Capital will be able to overturn the credit analysis and credit management model that incumbent financial institutions around the world have been committed to for over 100 years. Ron and his team are not simply providing a new means of funding but they are trying to change corporate activity itself into a new style fits the era of “software is eating the world” by utilizing the revolutionary credit analysis technology they created. MUIP plans to actively support the strategic alliance between MUFG and Liquidity Capital. “said Akihiko Okamoto, Managing Director & Chief Investment Officer, MUIP.
“We are very pleased to have the MUIP as new partners in our continuous efforts to improve and add resources to our alternative funding model and methodology, We find in the MUIP a partner who shares our vision of the new type of financing abilities, based on future potential and real time underwriting processes, especially tailored for SaaS and other recurring revenue companies.
Having a partner of the scale and abilities of the MUIP is yet another vote of confidence for us in the viability and potential of our methodology and business model” said Ron Daniel, CEO of Liquidity Capital
Meitav Dash Investments
Ilan Raviv, CEO of Meitav Dash added “This new partnership strengthens our belief that Liquidity Capital is on track to be the benchmark for the new financing model for companies with recurring revenues. The innovation is both in the initial company analysis and the ongoing online monitoring of our client companies. I am pleased that the MUIP share our vision and look forward to their participation in Liquidity”
Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with around 3,000 locations in more than 50 countries. The Group has over 180,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to “be the world’s most trusted financial group” through close collaboration among our operating companies and flexibly respond to all of the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english
About Liquidity Capital:
About Meitav Dash Investments:
Meitav Dash Investments has assets under management of NIS 134 billion in mutual funds, provident funds, pension funds, managed portfolios and ETFs. The investment house also operates through subsidiaries in non-bank credit, securities trading services (retail and institutional brokerage), insurance agencies and more. Meitav Dash is managed by Ilan Raviv and is controlled by BRM Finance and Zvi Stepak.
October 28, 2019 — MUFG today announced that MUFG Innovation Partners Co., Ltd. (MUIP), a corporate venture capital fund and wholly owned subsidiary of MUFG, has invested in Liquidity Capital M.C. Ltd.
Name：Liquidity Capital M.C. Ltd.
Date of Establishment：Jan, 2018