Judo Bank Term Deposit

  

Judo Bank Term Deposit

  • SME lender Judo Bank raises $284 million for $1.6 billion valuation. SME challenger bank Judo Bank is an even bigger unicorn after scooping up $284 million in a round 4 capital raise. The raise values the bank, founded in 2016, at $1.6 billion, an increase of 60% on its valuation following a previous raise seven months ago.
  • If you’ve got more than $250,000 and you wish to invest in a term deposit, you could consider dividing your money between term deposits and banks (limiting each deposit to $250,000 per bank). That way all of your deposits are protected by the Australian government guarantee and you will not suffer any financial losses.

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Judo Bank Term Deposit

Any request to break Term Deposit (apart from hardship) is at Judo Bank discretion. If granted 31 days notice will be required before the funds can be provided.