Judo Bank is an Australian neobank focused on small and medium-sized enterprise lending but also offers a range of personal term deposit products to consumers.

[5][9][10] That same year, former Australian Treasury Secretary John Fraser joined the board alongside former Federal Small Business Minister Bruce Billson.

[15][16] In April 2019, The Australian Prudential Regulation Authority announced it had granted Judo Bank Pty Ltd a licence to operate as an authorised deposit-taking institution (ADI) without restriction following its application in May 2018.

The investment from the AOFM made Judo Bank the first recipient of capital from the government's $2 billion small and medium enterprise funding scheme that was unveiled in November 2018.

[31][32] Small Business & Family Enterprise Ombudsman Kate Carnell says Judo Bank's launch is well-timed with the lending shortfall continuing to grow.