The Bank dedicated to Aussie businesses has arrived

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.

Relationship Banking

Business Loan
Line of Credit
Equipment Loan
Finance Lease
Home Loan
Judo Bank offers tailored solutions for Australian small to medium-sized enterprises (SMEs). See what Judo Bank can do for your business by calling 13JUDO today.

Online Deposits

Term Deposits
Coming Soon - Notice Account

At Judo Bank we’re determined to give Aussie businesses a fairer go. We believe that in business, relationships matter; it’s why our business bankers take the time to truly understand you and your business, face-to-face.

A bank that likes to say yes to businesses

Australia’s first SME-focused challenger bank

At Judo Bank, we’re bringing back the craft of relationship banking to transform banking for Australia’s small and medium-sized businesses. Built from the ground up by a small group of deeply experienced and highly credentialed business banking professionals, Judo Bank is providing a genuine alternative for SMEs to secure the funding they need and the service they deserve.

$540m

Largest capital raise in Australian history

$450m

Debt facility

140

Judo Bank Team

Our Solutions

We provide business lending solutions starting from $250,000 for small to medium-sized businesses. Our team of experienced business bankers are currently located in Melbourne, Sydney and Brisbane, with many more locations to come.
Did you know there is an $83 billion SME funding gap?
Find out more in our SME Banking Insights Report

Judo Bank, in the words of our valued customers.

“Judo was commercial in their approach, listened to my unique circumstance, and tailored a solution that exceeded my expectations."

Cole McInnes, Dealer Principal John Deere

Judo Bank in the News

5 September 2019

Annie Kane

SMEs unsure of borrowing capacity and loan documentation

Nearly half of SMEs want to borrow money in the next year but are uncertain of their borrowing capacity and correct loan documentation and have falling levels of trust in banks, new research from Judo Bank has found.

The findings come from Judo Bank’s second annual SME Banking Insights Annual Report, which saw researchers East & Partners interview 1,751 small- to medium-sized enterprise (SME) owners and managers.

The report paints a picture of growing mistrust with the banks and frustrations around the loan process and turnaround times.

SMEs seeking finance

According to the research, just over 46 per cent of SMEs sought finance in 2018-19, for an average value of $1.1 million.

Nearly three-quarters of businesses that sought funding in the past year succeeded (with an average sum of $800,000 sought), while a quarter of SMEs (particularly those seeking larger loans) were unsuccessful.

According to the Judo Bank report, the current funding “gap” for businesses with a turnover of up to $20 million has grown in the past year from $83 billion to $90 billion.

4 September 2019

Natalie MacDonald

Judo Bank number 1# in LinkedIn Top Startups 2019: The 25 hottest Australian companies to work for now

With the 2nd annual Top Startups ranking, we uncover the young companies commanding professionals’ attention today: the ones that are growing massively, scrambling industries, shifting talent flows around the world and, often, altering how we work and live.

Our editors and data scientists parsed billions of actions generated by LinkedIn’s 645 million members — and looked at four pillars in particular: employee growth; jobseeker interest; member engagement with the company and its employees; and how well these startups pulled talent from our flagship LinkedIn Top Companies list. To be eligible, companies must be 7 years old or younger, have at least 50 employees, be privately held and headquartered in Australia. (You can learn more about our methodology at the bottom of this article.)

26 August 2019

Richard Gluyas

Judo still hungry for capital as scaling up continues

Joseph Healy’s capital-hungry challenger bank Judo has just pocketed $400 million from a second-round raising that was the biggest private funding round by a local start-up to date.

So what’s next? More capital, of course.

Taking a breather while visiting investors in Asia and Europe, Healy told Four Pillars that Judo would go cap in hand for a further “couple of hundred million” around the middle of next year.

By mid-2020, it will be $3bn or thereabouts.