SME Challenger Bank Judo Bank Partners With InfraRisk to Support Lending in Australia

Australian SME challenger bank Judo Bank has formed a partnership with InfraRisk Pty Ltd., a supplier of credit management solutions and a wholly-owned subsidiary of Pintec Technology Holdings Limited, to support its lending business with a smart and highly efficient cloud-based SaaS solution.

Judo Bank claims it is the first challenger bank focused on serving small and medium-sized enterprises (SMEs) financing needs in Australia and has been granted a full banking license as an authorized deposit-taking institution (ADI) that has allowed it to launch full deposit-taking capabilities. Speaking about the collaboration, Nicholas Davies, Founder and CEO of InfraRisk, stated:

“InfraRisk has over 10 years of experience in providing services for financial institutions in Australia. With our advanced and mature cloud-based solution, we can help Judo Bank service SMEs efficiently to meet their increasing credit needs.”

Victor Li, head of Pintec International Business, added:

“The cooperation is a good fit between us. InfraRisk is a leading fintech innovator and Judo Bank is a challenger to traditional banks. Together we will apply cutting-edge technologies to provide superior lending services for SMEs.”

Founded in 2016, Judo stated it is challenging the “one size fits all” approach of its much larger competitors because it believes every business is unique and should be treated that way.

We prioritize time with each and every one of our customers to build an unrivaled understanding of every aspect of their business and find solutions that are genuinely right for them, in a timeframe that meets their needs.”

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