Judo is a relationship-driven bank that provides tailored lending solutions for small and medium enterprises (SMEs), focusing on character-based assessments rather than solely relying on credit scores. By offering dedicated relationship bankers and customized financing options, Judo addresses the need for faster, more personalized banking services that support business growth.
Funding
$124M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Small and medium enterprises (SMEs) often face challenges in securing financing due to traditional banks' reliance on standardized credit scores and limited understanding of individual business nuances. This can result in slower funding processes and a lack of tailored financial solutions that address the specific needs of growing businesses.
Solution
Judo Bank is a relationship-driven bank that provides customized lending solutions to SMEs, focusing on in-depth assessments of business owners and their operations. Unlike traditional banks, Judo assigns dedicated relationship bankers who work closely with clients to understand their unique circumstances and potential. This personalized approach enables Judo to offer tailored financing options, including business loans, lines of credit, equipment loans, and bank guarantees, with lending solutions starting at $250,000. By prioritizing relationships and expertise, Judo aims to provide faster and more flexible funding to support the growth and success of SMEs. In addition to business lending, Judo Bank offers a range of term deposit options for personal, business, and SMSF accounts.
Target Audience
Judo Bank primarily serves small and medium enterprises (SMEs) seeking tailored lending solutions and individuals, businesses, and self-managed super funds (SMSFs) looking for term deposit options.
Features
- Dedicated relationship bankers providing personalized service
- Assessment based on the character of the business owners, not just credit scores
- Tailored lending solutions to meet specific business needs
- Business Loans, Lines of Credit, Equipment loans and Bank Guarantees
- Term Deposits for Personal, Business and SMSF
- Digital banking platform for convenient access and management
- Australian Government Guarantee on term deposits up to $250,000