Sprive Raises $10M Series A

Sprive, a United Kingdom-based AI-driven consumer fintech company, has closed a $10 million Series A funding round to accelerate its growth. The company has raised over $15 million in total funding to date.

Investors

This funding round was backed by existing investors Ascension, Channel 4 Ventures, and the Velocity EIS Technology Fund. New investors participating in the round include Active Partners, Wealth Club, Rank Ventures, and several angel investors with fintech expertise.

Sprive Use of Funds

The company plans to use the new capital to significantly increase its marketing efforts and accelerate customer acquisition and revenue growth.

About Sprive

Founded in 2019 by former Goldman Sachs bankers Jinesh Vohra and Saad Hashim, Sprive offers an AI-driven consumer fintech application. The platform helps homeowners manage their mortgage debt by enabling them to use cashback earned from everyday shopping to make automatic mortgage overpayments. Additionally, the app scans the market for cheaper mortgage deals to help users reduce interest charges and shorten their loan terms.

Funding Details

Company Website: https://sprive.com

Company: Sprive
Raised: $10M
Round: Series A
Funding Date: September 21, 2026
Additional Investors: Ascension, Channel 4 Ventures, Velocity EIS Technology Fund, Active Partners, Wealth Club, Rank Ventures
Company Website: https://www.sprive.com
Software Category: Fintech
Source: https://ffnews.com/news/fast-growing-mortgage-overpayment-app-sprive-raises-10m-in-series-a-e40fb1a3