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Judo Bank bags $174 million
source link: https://fintechranking.com/2021/06/21/judo-bank-bags-174-million/
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Judo Bank bags $174 million
Small business-focused neobank Judo Bank has secured another $174 million in capital, as it becomes the third-largest bank lender to the SME sector, by net lending growth.
The new funding is comprised of $124 million in equity funding, including repeat backing from 14 of its top 20 investors.
This latest raise brings Judo’s total capital raised to $1.2 billion, and boosts its valuation to $1.9 billion.
Read more: SmartCompany
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