# Sprive

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sprive

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.sprive.com/
- Total disclosed funding: $18M
- Latest round: Series A (Sep 21, 2026)
- Investors on record: 7

## About

Sprive Limited is a financial technology company focused on optimizing mortgage repayment for homeowners through an innovative platform that offers cash rewards on everyday purchases.Sprive Limited is a London-based financial technology firm that assists mortgage holders in paying off their loans more efficiently. Founded in 2019. The founder, with experience in the fintech sector, launched Sprive to address mortgage inefficiencies. In September 2026, Sprive Limited raised GBP 7.7 million in series A funding from Ascension, Channel 4 Ventures, Velocity Capital, Active Partners, Wealth Club Limited, and Rank Ventures. The company's operations are primarily based in the UK, specifically London.Sprive operates in the financial technology sector, offering a unique platform designed to help mortgage holders pay off their loans faster and save on interest costs. The core product is an app that enables users to access digital shopping cards from over 65 brands, allowing them to earn cash rewards with every purchase. These rewards can be directly applied towards mortgage payments, streamlining the process of overpayment and significantly reducing the length and cost of the mortgage term. Sprive's service is tailored for individuals with mortgages in the United Kingdom, catering to a diverse client base that includes homeowners looking to optimize their mortgage repayment strategies. By combining innovative technology with expert advice from vetted mortgage professionals, Sprive positions itself as a valuable tool for consumers seeking to improve their financial outcomes.The revenue model for Sprive revolves around partnerships with retailers and lenders, facilitating a seamless transaction process for users who earn rewards through everyday shopping. Clients engage with Sprive by utilizing the app to make purchases, which in turn generates cashback that is applied to their mortgage principal. This transaction structure emphasizes a direct-to-consumer approach, where individuals benefit from both shopping and mortgage repayment efficiencies. While specific pricing plans are not disclosed, it is understood that Sprive covers the GBP 500 advice fee typically associated with mortgage services for its users, enhancing the appeal of the platform. The company primarily generates revenue through the synergy of consumer transactions with retail partners and the associated financial services it provides to mortgage holders. The company plans to utilize the September 2026 funding to increase customer acquisition, grow revenue, and expand its marketing efforts.

## Funding rounds

- Series A, Sep 21, 2026, $10M — Active Partners, Ascension, Velocity Capital, Channel 4 Ventures, Wealth Club Limited, Rank Ventures
- Seed, Apr 29, 2025, $7.3M — Ascension, Velocity Capital, Channel 4 Ventures, Two Magnolias

## Investors

- Ascension (https://capitalatlas.ai/funds/ascension) — Seed, Series A
- Velocity Capital (https://capitalatlas.ai/funds/velocity-capital) — Seed, Series A
- Channel 4 Ventures (https://capitalatlas.ai/funds/channel-4-ventures) — Seed, Series A
- Two Magnolias (https://capitalatlas.ai/funds/two-magnolias) — Seed
- Active Partners (https://capitalatlas.ai/funds/active-partners) — Series A
- Wealth Club Limited — Series A
- Rank Ventures — Series A