Judo Bank chief executive Joseph Healy says the neobank is on track to meet or beat all of its IPO prospectus targets, but said small business fears were growing as they battled inflationary pressures and an uncertain policy response.

Ahead of an investor day in Sydney on Wednesday, Mr Healy told The Australian Financial Review that his small and medium enterprise customers had remained resilient throughout the pandemic, allowing Judo to meet ambitious targets, but confidence in the longer term outlook was now waning.