09 Apr JUDO CAPITAL LAUNCHES AS AUSTRALIA’S LEADING SPECIALIST SME LENDER
In one of Australia’s largest pre-revenue capital raisings, Judo Capital announced in late March that it’s on target to raise more than $100 million from Australian and international investors, co-ordinated by Ironbridge, to support its goal of becoming a “challenger bank” for the Australian small and medium-sized business (SME) market.
Judo also announced that it has started the process of applying for a banking license from the Australian Prudential Regulation Authority (APRA) – the culmination of a strategic build-up of the company over the past three years.
Judo aims to become Australia’s first true “challenger bank” for SMEs, based on the highly successful model delivered by UK challenger banks such as Aldermore, Shawbrook, and OakNorth.
Cannings worked with Judo to develop and implement a strategic communications and media program, which resulted in overwhelmingly supportive coverage across major news outlets nationally.
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