Australian startup Judo Bank raises $147m in new funding round

Australia’s Judo Bank, that provides loans to small and medium-sized enterprises (SME), has raised A$230 million ($147 million) in a new funding round from existing investors including Bain CapitalCredit, Myer Family Investments, Abu Dhabi Capital Group, according to the company’s announcement.

Its other shareholders including SPF Investment Management, OPTrust, and Tikehau Capital also participated in this round.

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