The Venture Codex Logo

The Venture Codex

Cathay United Bank

No. 7, Songren Road, Taipei, Taipei City, 11073, Taiwan

Overview

Cathay United Bank is a wholly owned subsidiary of Cathay Financial Holding Company , the largest financial holding company in Taiwan. The Bank is a full-service bank serving consumers and businesses with over one hundred domestic branches and over ten overseas offices. For businesses, we offer a complete line of products and services, in addition to experienced staff members who are committed to helping their customers’ enterprises succeed. For consumers, we offer different consumer banking products to meet the financial needs of individuals as well as families. At Cathay United Bank, we build the bridges between banking, insurance, trust and securities services through our parent company and affiliated companies. Our customers will be able to enjoy “one-stop shopping” when banking with Cathay United Bank.

Total investments
2
Lead investments
0
Investments · 12mo
1
Active investors
0

Sector focus

  • Banking
  • Financial Services
  • Insurance
Visit website

Investment portfolio

  • Atome

    Participated · Debt Financing · Jan 2026

    Atome operates a digital financial services platform that lets consumers split purchases through buy-now-pay-later plans, access personal loans and use the Atome Card for revolving credit. The company partners with merchants across Southeast Asia to embed its payment options at checkout. In 2024 it generated US$236 million in revenue, a 63 % year-over-year jump, while gross merchandise value rose 50 % to more than US$2 billion. Management says growth accelerated in 2025, projecting annualized net revenue above US$500 million and annualized GMV of US$6 billion, with December GMV up over 70 % year-on-year. Fresh capital will be directed toward scaling operations in Singapore, Malaysia and the Philippines and expanding its BNPL, loan and card products. The platform already enjoys ongoing support from multiple regional and global banking partners.

  • Vantage Data Centers

    Participated · Debt Financing · Jan 2025

    Vantage Data Centers builds and operates hyperscale data center campuses for the world’s leading AI and cloud providers. The company delivers capacity across North America, EMEA and Asia Pacific and emphasizes speed and scale in deployment and operations. Vantage is accelerating its APAC expansion after securing a $1.6 billion investment to scale its regional platform, led by affiliates of GIC and ADIA with DigitalBridge participating. Planned growth includes the acquisition of Yondr Group’s 300MW+ Sedenak campus in Johor, Malaysia, which will be known as JHB1 and add significant hyperscale capacity. With the Johor addition, Vantage’s APAC operational and planned IT capacity will reach 1GW across Australia, Malaysia, Japan, Taiwan and Hong Kong. The company highlights sustainability features such as direct-to-chip liquid cooling and EDGE certification pursuit, and expects the investment and acquisition to close in Q4 2025. Vantage Data Centers builds and operates hyperscale data center campuses and provides capacity to cloud and AI customers. The company raised €640 million in euro-denominated securitized term notes plus €80 million in unfunded Variable Funding Notes in this transaction. Proceeds will refinance four fully leased German data centers (two in Offenbach/Frankfurt and two in Berlin) and support capital expenditures and broader corporate initiatives. Vantage said the refinancing is intended to accelerate its EMEA expansion and speed time to market to meet mounting AI and cloud demand. The notes have an anticipated five-year repayment date and carry ratings (Class A-2: A-; Class B: BBB) from Standard & Poor’s and Scope Ratings. Over the last year Vantage has raised €2.2 billion in new debt financing for its EMEA platform and previously completed the first-ever EMEA data center ABS in sterling. Vantage develops and operates hyperscale data center campuses across North America, EMEA and APAC, providing power, cooling, protection and connectivity for large cloud and enterprise customers. In 2024 the company expanded into new markets (including Ohio and Ireland), broke ground on six campuses, and opened 11 facilities. Planned and existing global capacity surpassed 2.6GW across 35 campuses in 14 countries and 21 markets. The company secured more than $13 billion in debt and equity investments in 2024 to fund its expansion. Vantage’s global headcount exceeded 1,700 employees at year end, a 32% increase year over year. The company is pursuing net zero carbon emissions by 2030 and reported a Total Recordable Incident Rate of 0.26 in 2024. Vantage powers, cools, protects and connects the technology of hyperscalers, cloud providers and large enterprises and develops and operates data centers across five continents including North America, EMEA and Asia Pacific. The company focuses on delivering reliable, efficient and sustainable hyperscale data center campuses in flexible environments that can scale with market demand. Vantage’s EMEA portfolio includes approximately 2.5GW of IT capacity that is operational or in development. The announced capital will expand the company’s investor base and capital sources to support delivery of additional high-quality, sustainable campuses. The company said GIC and MEAG will invest a combined €1.4 billion ($1.5 billion USD) into its EMEA data center platform. The transactions are expected to be finalized in the first quarter of 2025, subject to certain closing conditions and regulatory approvals. Vantage Data Centers is a leading global provider of hyperscale data centers. The company is expanding its Québec City Data Center Campus (QC2) with construction of a third facility currently underway by Pomerleau Inc. Once fully developed, the campus will total 925,000 square feet (86,000 square metres) and generate 86MW of combined IT capacity; the new facility will add 16MW of IT capacity. The expansion is intended to meet rising demand for cloud services across Québec and Eastern Canada and to serve Vantage's global top-tier customers. CDPQ committed USD 75 million (CAD 103 million) as part of senior financing to support the project, and the broader USD 130 million (CAD 179 million) credit facility was structured and underwritten by Societe Generale. The new facility is expected to be completed in Spring 2025.

Team

No current team members are available.