CrossBorder Capital

What CrossBorder Capital does

Liquidity is an AI-driven private credit firm that deploys flexible capital ranging from $10 million to $200 million to visionary growth and mid-market companies across 35+ countries. The firm targets businesses requiring cross-border financing solutions that traditional banks are slow to provide, with a stated focus on speed, flexible structuring, and founder-aligned terms. Named customers include eToro ($50-100M), Eruditus ($100-150M), Infra.Market ($100-150M), Ofload ($20-50M), Channel Sight, and Gushcloud, spanning Fintech, EdTech, Construction, Logistics, and Retail verticals.

The company's core technology is a proprietary AI-driven platform that combines machine intelligence with human underwriting for origination, deal structuring, real-time portfolio monitoring, and predictive risk analytics. Key components include the "Decision-Science Rating" for objective company strategy validation, a Portfolio Visibility Platform ingesting structured financial data (invoices, reports, budgets, bank feeds), and a customer-facing Scorecard/Matching Scoring system. Liquidity markets zero credit loss since 2019 as evidence of model efficacy.

Liquidity generates revenue primarily through interest income and facility fees on private credit deployments, plus capital formation services. The go-to-market is enterprise field sales targeting growth and mid-market companies globally, distributed across five regional offices (Tel Aviv HQ, London, New York, Singapore, Abu Dhabi). The MARS Growth Capital joint venture with MUFG Bank, formed in 2022, extends balance sheet capacity and APAC distribution. Institutional backers include MUFG Bank, Spark Capital, KeyBank, Cross River Bank, Meitav Dash, and IDB Bank. The firm announced a £1.5 billion UK investment commitment in June 2025 alongside establishment of its European HQ in London.

Name

CrossBorder Capital

Legal name

Liquidity Capital M.C. Ltd.

Website

https://liquidity.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

1–10 employees

Short description

Liquidity is an AI-driven private credit firm deploying $10M-$200M in flexible financing to growth and mid-market companies across 35+ countries, using proprietary decision-science technology to underwrite, monitor, and price cross-border credit facilities.

Ownership category

akta.pro rank

Product category

Private Credit / Alternative Lending

NAICS

Other Financial Vehicles (525990), Portfolio Management and Investment Advice (523940)

SIC

Miscellaneous Business Credit Institution (6159), Security Brokers, Dealers & Flotation Companies (6211), Finance Services (6199)

akta.pro primary industry

Collateral Transformation & Liquidity Services (FSACAIAF)

akta.pro secondary industry

Liquidity Infrastructure (RFQ, order-book engines, matching, liquidity-as-a-service) (FSAPADAI)

Keywords

• Private credit lending
• Growth capital financing
• AI-driven underwriting
• Portfolio monitoring platform
• Alternative credit investing

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Private Credit Lending: Liquidity invests in visionary growth and mid-market companies deploying flexible capital from $10 million to $200 million. The company generates revenue through interest income and financing arrangements with portfolio companies, offering tailored financing solutions that scale with company ambition and vision.
2. Joint Venture Lending (MARS Growth Capital): MARS Growth Capital, the joint venture between Liquidity and MUFG Bank, provides credit facilities to portfolio companies. This includes extending existing facilities and providing new growth capital, generating returns through interest and facility fees.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Liquidity is an AI-driven private credit firm that deploys flexible capital of $10 million to $200 million to visionary growth and mid-market companies globally. The firm combines proprietary decision-science technology with human expertise for investment decisions, and operates MARS Growth Capital, a joint venture with MUFG Bank, to extend capital deployment across APAC. The Platform (Scorecard and Matching Scoring) supports underwriting, monitoring, and ongoing portfolio visibility.

Product overview

Liquidity is an AI-driven private credit firm that offers a unified platform combining proprietary technology with human expertise. The core offering consists of Private Credit (capital deployment from $10M-$200M) and Capital Formation services, supported by the company's analytical Platform that provides Scorecards and Matching Scoring to assess companies and connect them with funding sources. MARS Growth Capital, a joint venture with MUFG Bank, extends the firm's capital deployment capabilities in the APAC region.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Credit Flexible capital deployment ranging from $10 million to $200 million for visionary growth and mid-market companies worldwide, delivered through structured financing arrangements.
• Capital Formation Services focused on raising and structuring capital for portfolio companies, enabling access to financing tailored to each company's ambition and growth stage.
• The Platform (Scorecard & Matching Scoring) Analytical platform that processes company financial data (invoices, reports, budgets, forecasts) and APIs from billing systems and bank accounts, producing Scorecards and match scores that connect companies with funding sources.
• MARS Growth Capital Joint venture with MUFG Bank providing growth capital facilities to portfolio companies, including structured facilities such as $150M for Infra.Market and up to $150M refinancing for Eruditus.

Quantifiable outcome

• 0% credit loss rate since 2019
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability4 records

Feature4 records

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Golub Capital: Golub Capital is a leading direct lender providing flexible capital to middle-market companies, including growth-oriented and sponsor-backed businesses. Its product set and customer profile materially overlap with Liquidity's mid-market growth lending, though Golub operates primarily in North America and at larger ticket sizes.
• Ares Capital Corporation: Ares' direct lending and private credit businesses provide flexible capital to middle-market and growth-stage companies worldwide. Ares is a broad incumbent with similar capital deployment structure but at vastly larger scale and more diversified strategies than Liquidity.
• Sixth Street Partners: Sixth Street is a global investment firm with significant private credit and growth capital capabilities, deploying flexible capital to growth-stage and middle-market companies. It overlaps directly with Liquidity's middle-market and growth-stage focus and its global platform across North America, Europe, and APAC.
• Blue Owl Capital (Owl Rock): Blue Owl's Owl Rock direct lending franchise is a major tech-enabled private credit platform serving middle-market and growth companies globally. It is a broad incumbent with overlapping capabilities to Liquidity but operates at materially larger AUM scale and a broader mandate.
• Apollo Global Management (Private Credit): Apollo's Private Credit franchise provides flexible financing to growth and middle-market companies with a technology-driven origination approach. It is a broad incumbent offering an overlapping product set but with a much larger balance sheet and broader alternatives platform.
• KKR Private Credit: KKR's direct lending and private credit funds deploy flexible capital into growth and mid-market companies globally. KKR is a broad incumbent with comparable cross-border reach and similar focus on flexible structuring, though at a much larger AUM scale.

Direct peers

• iCapital Network: iCapital is a fintech-driven private markets platform that connects alternative investment managers, including private credit funds, with wealth and institutional capital. It is comparable to Liquidity as a tech-enabled intermediary democratizing access to private credit, though iCapital is a marketplace rather than a direct lender.
• Clearco: Clearco is a fintech that provides revenue- and growth-based financing to digital-first and eCommerce companies. It overlaps with Liquidity's growth-stage and mid-market focus and its use of proprietary data analytics (rather than AI) for underwriting decisions, though Clearco focuses on smaller ticket sizes than Liquidity.
• Pipe: Pipe provides revenue-based financing and capital solutions to SaaS and subscription businesses through a tech-enabled marketplace. It is comparable to Liquidity's growth-capital focus on technology-driven businesses and its fintech-style origination and structuring approach, though Pipe operates at smaller ticket sizes.
• Arc (Arc Technologies): Arc provides tech-enabled, AI-driven credit and capital products to growth-stage technology companies, similar to Liquidity's growth-capital focus. Both target venture-backed and growth-stage borrowers with faster, more flexible financing than traditional lenders, positioning Arc as a direct competitor in the AI-led direct lending category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/liquidity-group
• Xx.com/crossbordercap

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CrossBorder Capital