Billion dollar fintech Liquidity Group uses AI to fund another fintech with $30 million
February 10, 2022 2:00 AM
Mars Growth, a Liquidity Group and MUFG joint venture fund, has deployed $30 million in growth funding to ThinkMarkets, a multi-asset online brokerage with headquarters in London and Melbourne and hubs in Asia, the Middle East, North Africa, Europe and Japan.
Founded in 2010, ThinkMarkets provides individual traders, hedge funds, brokers, financial institutions and exchanges around the world with quick and easy access to an array of markets, including foreign exchanges, CFDs on equities, crypto currencies, commodities, indices, futures and more.
“We founded Liquidity and invented our patented artificial intelligence technology to help companies like ThinkMarkets create value,” said Liquidity Group CEO and Co-Founder Ron Daniel. “Our AI platform allows us to move at light speed – going from application to term sheet in 24 hours vs. an industry average of 6-12 weeks.”
ThinkMarkets delivers recognized trading solutions such as MetaTrader4, the next generation MetaTrader5, as well as its inhouse developed ThinkTrader platform, which was awarded Best Mobile Platform by Forex Magnates.
“ThinkMarkets is bringing innovative technologies to online trading by providing investors with a single source for global trading,” said Tom Greiman, Investment Manager at Liquidity Group. “Liquidity’s technology-driven strategy gives us an understanding of the financial needs of high-growth companies like ThinkMarkets. We utilize our machine learning due diligence platform to quickly analyze and deploy capital, and we look forward to supporting other great fintech companies in the future.”
“Liquidity’s capital infusion will fuel our continued rapid growth,” said ThinkMarkets CEO and Co-Founder Nauman Anees. “The process was nearly effortless from start to finish, and the funds will enable us to increase our marketing efforts, grow our customer base, and stimulate our expansion.”
Liquidity is a growth capital fintech that used its proprietary artificial intelligence technology to deploy more than $1.1 billion in capital to businesses in 2021. For high-growth startups, time is of the essence when it comes to financing expansion and hitting valuation benchmarks. In addition to providing scaled funding faster than anyone in the industry, Liquidity’s technology achieves a less than 1% default rate vs. the industry norm of 5%.
The machine learning platform helped the company turn $70 million into $1.5 billion in two years. Liquidity is forecasted to grow seven-fold in 2022.
The AI technology, which received a US patent in 2021, is the foundation for two joint venture funds with MUFG, the world’s largest non-state owned bank. One of the funds is targeted to early-stage tech startups. The other focuses on unicorns and pre-unicorns. MUFG has invested $500 million in the joint ventures.
Liquidity is a global provider of non-dilutive capital to growing tech startups in an array of business verticals. They currently employ 85 team members, spread among its headquarters in Tel Aviv, and its offices in New York, Miami, London, Singapore, Abu Dhabi and Kiev. The firm is hiring various positions from entry level to senior in all locations as it pushes to make credit underwriting faster, better and smarter.