Judo Bank is a new SME challenger bank built specially to make it easier for Aussie businesses to get the funding they need and the service they deserve.
Judo Bank is Judo Bank is a new SME challenger bank built specially to make it easier for Aussie businesses to get the funding they need and the service they deserve.
Judo Capital was founded in 16 October 2016 by Geoff Lord including Co-Founders Joseph Healy, David Hornery, Alex Twigg, Tim Alexander, Chris Bayliss and Jacqui Colwell. The company is based in Southbank, Victoria, Australia.
Judo Bank is built to be fast and nimble, helping our customers capitalise on the right opportunities, opportunities they might otherwise have missed. Judo Bank's customers deal directly with decision-makers who are empowered to judge each application on its merits, rather than relying on complex processes and evaluation metrics that ignore the reality of business itself.
Judo Bank has more than $1.5 billion in deposits and has written more than $1.5 billion in loans, with around 10,000 customers across both loans and deposits.
Judo is backed Ironbridge Capital, Canadian pension fund manager OPTrust, Myer Family Investments, Abu Dhabi Capital Group, Zhong Yi Investment and Credit Suisse Asset Management and others. The company raised $147M in a Series C round on May 06, 2020. This brings Judo's total funding to $978.1M to date. The latest round also brings Judo' valuation to over $1B in local currency ($653.7M).