Can you remember the last time you had an excellent experience whilst using your business bank account? Yep, we didn't think so.
In Australia, business banking is fundamentally broken. The Big 4 Banks simply don't focus enough attention or resources to adequately serve their business customers, choosing instead to re-skin basic consumer products and jack up the price. For business customers, it's like driving a Volkswagen but getting billed for a Rolls-Royce.
Banks today offer a product that really leaves all the legwork for you. Once you get an account and a login, you never hear from your bank again. No insights, no forecasts and frankly nothing to help you grow and make your business outperform. There has got to be a better way!
Thrive is a smart business banking account that empowers businesses to grow and succeed. Think of it like the CFO in your pocket - helping you maximise the money you have, and also make more money from the business you run.
At the core of Thrive is a simple, intuitive and automated business bank account. Using the data and insights from this account, Thrive offers intelligent value-adds like expense tracking, invoicing, reconciling, payroll and more. These tools help win back time for busy business owners, but more importantly allow them to plan for the future with real confidence.
These valuable features are made possible by our blank-sheet technical stack, which leverages AI & ML fed by a real-time stream of data from the core business bank account. No legacy systems, no antiquated bank technology - just a fresh new approach.