CEO · Founder, Judo
Stories naming Joseph Healy. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Long-serving Judo Bank co-founder Joseph Healy will hand the CEO job to deputy Chris Bayliss in March; the piece also recaps the bank's capital raising and stockmarket listing.
A finance commentator evaluates Judo Bank, an SME lender built by ex-big-bank executives, covering its growth, government funding lines, planned ASX listing at a $2.317 billion valuation, and which businesses it suits.
SME lender Judo Bank raised $174 million in equity at a $1.9 billion valuation and announced a $50 million Tier 2 debt issue, following a $284 million round four months earlier.
Melbourne challenger bank Judo raised a record A$400 million Series A, drawing new offshore backers Bain Capital Credit and Tikehau Capital, and aims to lend $1 billion to small businesses by Christmas.