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United Kingdom · Fintech
A mortgage app that helps UK homeowners make overpayments through cashback on everyday shopping, automated saving and direct payments to participating lenders.
Sprive connects a homeowner’s mortgage to an app that routes cashback earned on digital shopping cards toward the loan. Users can also set savings limits for automatic contributions, then apply the accumulated balance to their lender as an overpayment.
The app tracks overpayment limits and progress, supports payments to participating lenders, and can surface mortgage-switching options through its panel of providers. These tools help homeowners put small amounts toward principal more consistently and manage the lender rules that govern extra payments.
| Announced | Round | Amount | Investors |
|---|---|---|---|
| Series A | $10M | Participants not disclosed |