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Judo Capital Secures $350M In Debt Financing From Credit Suisse

by businessinsider.com posted 3months ago 22 views
This story was delivered to Business Insider Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Australia-based Judo Capital has signed a $350 million debt facility agreement with Credit Suisse, reports Business Insider Australia. The small- and medium-sized business (SMB) lender, which launched earlier this year, says the capital will allow it to meet surging demand for credit. In August, the startup closed A$140 million ($104 million) in an initial equity raise. Credit Suisse’s current debt investment follows participation by Credit Suisse Asset Management in that round, which included Ironbridge Capital and Canadian pension fund manager OPTrust.

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