David Hornery is a co-founder of Judo Bank. He followed Joseph Healy out of NAB in 2014 to 2015, when the two began planning a bank for small and medium businesses.
Judo Capital was founded on 16 October 2016. It was seeded by family offices led by Geoff Lord. In 2018 it raised more than A$140 million and arranged a A$350 million debt facility with Credit Suisse.
In April 2019 it received a banking licence from APRA and was renamed Judo Bank. A A$400 million Series B followed in June 2019.
In May 2020 it raised A$230 million at a post-money value above A$1 billion. It listed on the ASX in 2021 under the ticker JDO.