About Sprive
Sprive is a company based in London (United Kingdom) founded in 2019. Sprive has raised $9.5 million across 3 funding rounds from investors including Ascension, Channel 4 Ventures and Velocity Capital. The company has 3 employees as of December 31, 2023. Sprive offers products and services including Sprive App, Overpayment Calculator, and Remortgage Deals. Sprive operates in a competitive market with competitors including Qoins, CreditRich, PayDownHero, Cents and Piggit, among others.
- Headquarter London, United Kingdom
- Employees 3 as on 31 Dec, 2023
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Sprive Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$9.5 M (USD)
in 3 rounds
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Latest Funding Round
$7.35 M (USD), Series B
Apr 29, 2025
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Investors
Ascension
& 3 more
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Employee Count
3
as on Dec 31, 2023
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Products & Services of Sprive
Sprive offers a comprehensive portfolio of products and services, including Sprive App, Overpayment Calculator, and Remortgage Deals.
App for earning rewards from shopping to pay off mortgages faster.
Tool to estimate mortgage savings through overpayments and rewards.
Service for finding and managing better remortgage rates easily.
People of Sprive
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Co Team
1 people
Leadership Team
1 people
Operations Team
1 people
Software Development Team
1 people
Head Team
1 people
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Funding Insights of Sprive
Sprive has successfully raised a total of $9.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $7.35 million completed in April 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sprive
Sprive has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Ascension, Channel 4 Ventures and Velocity Capital.
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Ascension is recognized as a venture capital firm focused on early-stage tech investments.
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Private equity investments are directed across multiple sectors.
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Investment fund managed for tech and eCommerce growth opportunities.
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Investor details for Sprive
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Sprive
Investment portfolio details for Sprive
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- Transaction dates
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Financial Statements - Sprive
Detailed financials for Sprive
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- Historical revenue
- Profit trends
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Sprive Comparisons
Peer comparison for Sprive
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Competitors of Sprive
Sprive operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Qoins, CreditRich, PayDownHero, Cents and Piggit, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operates a digital hub for managing and repaying debt.
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Debt repayment for individuals based on bill payments
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Provides an app-based platform for repaying auto loans using spare change.
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Debt consolidation solutions are offered to consumers via mobile app.
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Online platform for consumer debt repayment
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Detailed competitors of Sprive
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Latest news on Sprive
Complete news archive for Sprive
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Frequently Asked Questions about Sprive
Sprive was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Sprive is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Sprive is a funded company, having raised a total of $9.5M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Sprive is 3.
Sprive was founded in 2019 in London, United Kingdom, as a fintech provider. An app-based platform is offered for debt repayment, targeting mortgages via the spare change approach. Users bank accounts tied to loans are linked, repayment timelines are computed, and personalized savings plans are generated using AI algorithms. Periodic fund transfers are executed automatically. The service operates on Android and iOS devices.
Sprive's top competitors include CreditRich, Cents and Piggit.
Sprive offers Sprive App, Overpayment Calculator, and Remortgage Deals.
Sprive has 4 investors. Key investors include Ascension, Channel 4 Ventures, Velocity Capital, and Two Magnolias.