ThriveCash is a groundbreaking brand that offers an array of financial solutions to empower individuals in their personal finance journey. As part of their commitment to expanding their product offerings, ThriveCash recently signed an agreement to acquire San Francisco-based X1 Inc. X1 is a platform that provides a no-fee credit card with rewards on every purchase.

By bringing X1 into the fold, ThriveCash aims to deliver even greater value to its customers while remaining true to its mission of democratizing finance for all. The X1 stainless steel credit card is designed with user experience in mind, featuring a sleek and intuitive mobile app interface. With no annual fees, late fees, or foreign transaction fees, this card offers unparalleled convenience and savings.

The co-founders of X1, Deepak Rao and Siddharth Batra, will join the ThriveCash team, with Rao assuming the role of General Manager of Credit Cards. By integrating X1's innovative approach with ThriveCash's expertise, they aim to provide an enhanced credit card experience. ThriveCash's acquisition of X1 is slated to be finalized in Q3 2023, with a merger consideration of approximately $95 million in cash.

Joining forces with X1 allows ThriveCash to further expand and innovate, ensuring they can meet their customers' evolving financial needs effectively