After being fed up with the amount of time and money spent on doing financial admin, Thrive has developed a unique product that uses artificial intelligence to automate banking, accounting, tax and lending for SMEs. Think of it like a CFO in your pocket.
Thrive has over 7,500 businesses on its waitlist and is partnering with a licenced bank and a global card scheme to bring its product to market. At launch, Thrive will offer a full suite of digital services that help SMEs win back time and money.
Thrive is disrupting the fragmented $57 billion SME market by offering a single, integrated digital account. The product is aimed at the 2.3 million businesses in Australia who have the desire to ‘have a go’ but hate being burdened by constant admin.