- Digital bank startup Judo Capital has signed a $350 million Credit Suisse debt facility
- The money will be used to provide further depth to Judos lending of small and medium sized enterprises.
- In August this year, Judo announced that it had raised $140 million of equity.
Fintech Judo Capital, which is seeking a banking licence, announced it has signed a $350 million debt facility agreement with global financial services firm Credit Suisse.
David Hornery, co-founder and co-CEO of Judo, says the Credit Suisse facility will provide further depth to Judos funding for Australian small and medium sized enterprises (SMEs).
Since Judos launch earlier this year, demand for our relationship focused SME lending has surged…
Read the full article at: https://www.businessinsider.com.au/judo-capital-debt-facility-credit-suisse-fintech-2018-11