Australian Securitisation Journal - Edition 19 (February 2021)

Page 117

JUDO BANK

MONEYME

AUSTRALIAN ADI

YES

TYPES OF LENDING

BUSINESS, LINE OF CREDIT, EQUIPMENT, HOME LOANS FOR SMEs

SIZE OF LENDING BOOK

A$2.4BN

PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF

CONTACT ISSUER

YEAR OF ESTABLISHMENT

2016

J

udo Bank is a challenger bank dedicated to small and mediumsized businesses. Judo was established in Melbourne, in 2016, by a highly credentialled executive team with the aim to bring back the craft of relationship banking to the SME market, in order to provide a genuine alternative for SMEs to secure the funding they need and the service they deserve. Judo challenges the status quo in a market dominated by the four major banks, which Judo believes share a deep complacency and high level of similarity. Judo acquired its banking licence from the Australian Prudential Regulation Authority in April 2019 and has successfully raised the biggest funding round in Australian history to date. Judo has offices in Melbourne, Sydney, Brisbane, the Gold Coast, Perth and Adelaide. Judo’s current loan book sits at more than A$2.4 billion.

MOULA

AUSTRALIAN ADI

NO

AUSTRALIAN ADI

NO

TYPE OF LENDING

UNSECURED CONSUMER

TYPE OF LENDING

UNSECURED SME

SIZE OF LENDING BOOK

>A$145M

SIZE OF LENDING BOOK

>A$100M

PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 14 DEC 2020

CONTACT ISSUER

1%

PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF YEAR OF ESTABLISHMENT

2013

YEAR OF ESTABLISHMENT

2013

M

oneyMe is an Australian Securities Exchange-listed, digital consumer-credit business, leveraging its Horizon technology platform and big-data analytics to deliver an innovative, virtual credit offering to online consumers. MoneyMe originates consumer-credit products through its algorithm-based decision platform to customers seeking convenient and simple access to credit, direct from their mobile devices. It has a diversified set of products: Freestyle (a line of credit with a Mastercard), MoneyMe+ (for point-of-sale retail), personal loans, and List-Ready and RentReady (for the property sector). MoneyMe’s technology platform allows applications to be completed in approximately five minutes and funds to be disbursed, or credit limits to be available, to the customer shortly after approval.

◆ please contact:

◆ please contact:

Michael Heath Treasurer +61 401 186 350 michael.heath@judo.bank www.judo.bank

Neal Hawkins Chief Financial Officer +61 427 994 397 neal@moneyme.com.au James Diago Head of Finance +61 466 902 181 james@moneyme.com.au https://investors.moneyme.com.au

F

ounded in 2013, Moula is a leading online lending platform focusing on backing good businesses. With solutions spanning unsecured lending and payments, Moula’s digital platform enables the business to use cloud accounting or bank transaction data to access finance. In 2019, the company launched Moula Pay, providing interest- and repayment-free facilities for business purchases in-store and online. During 2020, merchant onboarding for Moula Pay increased 535% year-on-year. Since inception, the company has raised in excess of A$50 million in equity from a range of investors including Liberty Financial, Acorn Capital and Escala Partners.

◆ please contact:

Ashley Miller Chief Financial Officer +61 417 596 459 ash.miller@moula.com.au Andrew Watt Chief Operating Officer +61 448 764 444 andrew.watt@moula.com.au www.moula.com.au 115


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