One of the newer market entrants , Australia-based Judo Bank is located in Melbourne and was founded in 2018 by Co-CEOs Joseph Healy and David Hornery .

Already serving over 10,000 customers , Judo Bank is also one of Australia ’ s most recent unicorn fintechs . It serves business customers as well as individuals , following the awarding of its banking licence in 2019 .

Judo Bank raised US $ 216mn at a funding round in December 2020 – and was valued at $ 2.6bn in November 2021 . This is a 100 % increase on JudoBank ’ s 2019 valuation .

Headquartered in New York and founded in 2013 by technology experts and Wall Street bankers Dee Choubey , Chee Mun Foong , and Pratyush Tiwari , MoneyLion is a rising star in the banking world . Initially launched to provide financial services , investment and lending products , the fintech has since moved into the digital banking space , with scaling success swiftly following .

By 2021 , MoneyLion partnered with Fusion Acquisition Corp and launched its IPO , revealing a combined equity valuation of $ 2.9bn .

128 November 2022