Earnd, a Sydney, Australia-based financial wellness benefit startup, raised $2.5m in funding.
– NAB Ventures,
– Alvin Singh,
– Bosco Tan,
– John Banfield,
– Andrew Birch, and
– Rob Lederer.
The company is using the funds to continue to expand the platform.
Led by Josh Vernon, co-founder and CEO, Earnd provides a financial wellness benefit platform for employees to avoid debt, late fees and expensive, predatory credit and increase focus, morale, retention and productivity.
They can set their pay schedule and access their earned pay when they need it.
The company works with employers to integrate its system into payroll, time and attendance systems.