Tech solution to age-old problem of subbies not getting paid

Tech solution to age-old problem of subbies not getting paid
Green Light Escrow founder, Maxwell Semmons-Russell. (Image: Supplied)
Maria Slade
Getting ripped off on yet another job was “fuel for the fire” for plumber-turned-entrepreneur Max Semmons-Russell.The owner of Auckland firm KPA Plumbing was just getting back on his feet after losing $50,000 to a client who didn’t pay when the same thing happened again.He didn’t even know what a startup was, much less what escrow meant, but by this stage, the idea was stuck in his head: Why can’t payments for tradies be held in the middle until the work is done and everyone is happy?“My Dad’s a tradie...

More Property

RoofBuddy founder's previous venture was liquidated
Property

RoofBuddy founder's previous venture was liquidated

RoofBuddy sponsors the New Zealand Warriors NRLW franchise.

Gregor Thompson 24 Apr 2025
JLL to close debt advisory unit
Property

JLL to close debt advisory unit

Global commercial real estate firm Jones Lang LaSalle (JLL) is offshoring its debt advisory division, a month after it announced it would downsize its New Zealand footprint.  The Australian Financial Review (AFR) reported on Tuesday evening that JLL is closing its Australian and...

Gregor Thompson 23 Apr 2025
Damien Grant 'stacked creditor vote', US lender claims
Property

Damien Grant 'stacked creditor vote', US lender claims

Ormiston Rise funder Arena is taking court action to have the liquidator removed.

Maria Slade 23 Apr 2025
In defence of the villa
Property

Maria Slade: In defence of the villa

Removing protections from Auckland’s villas won’t solve the housing crisis.

Maria Slade 22 Apr 2025