We think that financial admin, accounting, tax and budgeting should be something that just happens, it shouldn’t have to ‘be done’. Our vision is to become a small business financial management platform that automates these tasks and empowers businesses to grow. 
‍
Our economy has been built on the back of small business and we will strive every day to connect with businesses and skilled professionals to get them where they want to be, as soon as can be.
‍
We're a team of passionate business owners, and we have seen first hand the challenges involved in running a business. We started Thrive to offer small businesses a better way to manage and maximise their money.

Thrive is a business account that provides automated accounting admin, tax forecasts and invoicing. Your Thrive business account will come with a debit card, including a BSB and account number that allows you to transact and make and receive payments. 
‍
We are not a bank. We are partnering with an existing fully registered bank to bring our account to market. This means that deposits provided through the Thrive site and apps are protected by the Financial Claims Scheme (FCS), up to $250,000 per person. Thrive also uses the latest security technology, including smart notifications, biometrics and fraud detection to protect your money & privacy.

We’re currently open to any Australian resident that operates a registered business structured as a partnership, sole trader or limited company. We can only ship a Thrive debit card to an Australian address, so you must have one of those as well.

We’re moving full steam ahead to launch in 2021. By signing up to our waiting list you can secure priority access in our first public release, get access to exclusive deals and also stay up to date with news about our progress.

The good news is for the majority of you - yes! You will be eligible for any subscription fees you paid for Thrive in the prior 12 months. You will need to add it to section D10 – “Cost of Managing Tax Affairs”. The fees you pay for tax return help are always tax deductible. You can read further details from the ATO here.

By transacting with your Thrive debit card and sending and receiving invoices, we can see your financial activity in real-time. Using this data we categorise these transactions according to professional accounting standards. You can also upload and scan receipts to keep track of them digitally. Thrive uses this information to identify your tax obligations, forecast your tax position and to ultimately help you maximise your tax return whilst staying compliant.

Thrive already includes a lot of standard accounting, invoicing and financial admin services provided by other accounting software packages, however we recognise that some business owners would prefer to stick to what they already use. We will be offering integrations with these partners to reduce any friction in managing your business. Our goal is to help you succeed and save time in any way we can.