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How a local fintech survived the Greensill saga
Earnd had already raised funding from National Australia Bank when a meeting with Lex Greensill unexpectedly turned into an acquisition. It then had a front-row seat as the company plummeted to earth.
In November 2019, Josh Vernon, the co-founder of wage access start-up Earnd sent a hopeful cold email into the ether, targeting a potential investor.
Vernon, now 24, had guessed the email address of billionaire Anglo-Australian Lex Greensill who had himself just snared a cheque from SoftBank, and within moments he was amazed to receive a reply.
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