ThriveCash is a mobile app that lets graduate or undergraduate students with an upcoming internship or full-time job offer letter borrow cash while they are in school and pay it back after they start working.
Here’s how it works:
- After downloading the app and signing up with their school email, students send us an offer letter for an upcoming internship or full-time job.
- Based on the offer letter, we unlock up to 25% of their pre-tax summer salary or 25% of their first 3 months’ full-time salary, also pre-tax. We also add 50% of any signing bonuses to that pre-tax income figure.
- Students can take as much of this as they like, spend it on whatever they want and they don’t have to pay back a thing until they start working. No hidden fees, no catch, no fine print. We simply charge a single, transparent fee.