Tagged: judo bank

Banking Challenger Judo Bank Signs $350 million Committed Facility with Multinational Financial Giant Citi

Banking challenger Judo Bank has reportedly agreed to a three-year long, $350 million committed facility with giant multinational bank Citi. This should help Judo Bank provide funding to small businesses that may be struggling to meet expenses due to the coronavirus (COVID-19) outbreak. The commitment… Read More

Austrlia’s Digital Banks Xinja, Judo Bank, 86 400 Attracting Millions in Savings After Launching High Interest Rate Accounts

Australia-based digital banks Xinja, Judo Bank and 86 400 have been attracting millions of dollars worth of savings from the nation’s banking clients after the introduction of their high interest rate accounts. Traditional industry players like ANZ, Westpac, NAB and Commonwealth Bank have reportedly lost… Read More

Fintech and Traditional Bank Collaborations and Open Banking Are Becoming More Prevalent Globally

Traditional bank and Fintech collaboration and Open Banking are becoming quite common for financial institutions throughout the world that are planning to update their product offerings for small and medium-sized businesses (SMBs). India-based private lending institution SBM Bank recently teamed up with PayNearby to introduce… Read More

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… Read More

Australian SME Challenger Bank Judo Raises $400 Million Through latest Equity Raising

Judo Bank (formerly Judo Capital), an Australian SME challenger bank, announced last week it has finalized its second-round equity raising at $400 million, which is double the initial target of $200 million. This latest equity raise combines follow-on investment from Judo Bank’s existing shareholders, including… Read More

Australian SME Bank Judo Goes Live With Temenos

Temenos AG (SIX: TEMN), a Switzerland-based banking software provider, announced on Thursday that Judo Bank (formerly Judo Capital), an Australian SME challenger bank, has gone live in record time with Temenos T24 Transact, Analytics, Financial Crime Mitigation and Channels, a module of Temenos Infinity, running… Read More

SME Challenger Bank Judo Bank Receives Full Banking License From Australian Prudential Regulation Authority

Judo Bank (formerly Judo Capital), a SME challenger bank, announced on Wednesday it was granted a full banking license by the  Australian Prudential Regulation Authority (APRA). According to the bank’s Chairman, Peter Hodgson, the full license means Judo will be able to significantly extend the… Read More

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