SME challenger Judo Bank teams with InfraRisk to support lending in Australia

Tuesday 7 January 2020 13:36 CET | News

Australia-based SME challenger bank Judo Bank has formed a partnership with InfraRisk, a supplier of credit management solutions to boost SME lending.

Infrarisk is a wholly-owned subsidiary of Pintec Technology Holdings. 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 authorised deposit-taking institution (ADI) that has allowed it to launch full deposit-taking capabilities.

Judo offers business loans, lines of credit with variable rates, equipment loans to assist funding of business equipment or vehicle purchases where a charge is taken over the asset. The Australian challenger bank also provides finance leases to assist funding of business equipment or vehicle purchases on a lease arrangement.

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Keywords: Infrarisk, Judo Bank, challenger bank, digital bank, online banking, financing , SME lending, SME financing, B2B bank loan, corporate loan, lease arrangements, equipment loan, Australia
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech