About Judo Bank
Founded in 2016 and based in Melbourne, Judo Bank is one of Australia’s newest banking players with a real focus on SME lending and deposit products, including business loans, lines of credit and even home loans.
What about the name Judo though? Well according to Judo themselves, they’re all about being ‘fast and nimble’ in order to provide better opportunities for their customers while also competing with much larger, established banks.
The strategy appears to be working wonders too, as the challenger bank has reached milestone after milestone during its short life, including raising hundreds of millions of dollars in capital since its conception.
And as of April 2019, Judo also officially became a bank after securing an ADI licence from the regulator APRA. Since then, Judo has moved into retail deposits with the release of term deposits for everyday Australians.
Click here to view Judo Bank’s introduction to Term Deposits, their strategic and financial information.