The cofounder of ASX-listed business lending bank Judo, Joseph Healy, is stepping down as CEO after seven years at the helm. He’ll hand the reins over to the bank’s long-term deputy CEO and chief relationship officer, Chris Bayliss, next month. The news came as Judo (ASX:JDO) announced its half-yearly results (1H24) to the end of… Read more »
Small and medium-sized business (SME) lender Judo Bank has seen its valuation climb by $300 million to $1.9 billion after raising an extra $174 million in capital. The challenger bank raised $284 million in a round 4 just four months ago for a $1.6 billion valuation. Judo has now raised $688 in 13 months and… Read more »
Small business-focused neobank Judo had raised $280 million in a series D round. The company did not disclose its backers in the latest series, but the raise comes seven months after a $230 million series C and values the bank at $1.6 billion, an uplift of 60% on the May figure. Confirmation of Judo’s raise… Read more »
Judo Bank’s existing backers have stumped up $230 million in a third round capital raise that raises the neobank’s post-money valuation to more than AU$1 billion. The challenger bank targets lending to small to medium-sized enterprises (SMEs) and has now raised more than $770 million in capital since its launch in March 2018, including a… Read more »
Judo Bank just smashed records for the largest individual private funding round by an Australian startup The $400 million includes international funds from Bain Capital The bank is focused on lending to SMEs and was granted its full banking license in April Judo is on track to lend $1 billion to small business by… Read more »
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