Jul 5, 2026 – 10.26amIt’s been almost 10 years since former banker Joseph Healy acted on his belief that the major banks had turned their backs on small businesses in favour of low-risk, high-margin home loans.They had lost their ability to build relationships and analyse credits, so while the system was embroiled in misconduct scandals, he raised a record amount of venture capital to have a crack at building a better business bank.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Judo Bank will have to sell its soul to win back trust
The lender has been punished for a horror downgrade that vindicated doubters and all-but stripped it of its unicorn status. It now faces an existential crisis.
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