SpriveApp

We're an app that helps you be mortgage free, faster and saves you thousands of pounds along the way.

General Information
Industries
Finance, Financial Services +1
Funding Stage
Seed
Product Stage
-
Business Model
-
Company Overview
Founded
2019
Employees
11
Location
London, United Kingdom
Website
SpriveApp - Company Details
SpriveApp is a United Kingdom based fintech startup, founded in 2019, that aims to revolutionize the way people manage their mortgages. The company's slogan, "We're an app that helps you be mortgage free, faster and saves you thousands of pounds along the way," reflects its mission to help individuals pay off their mortgages efficiently while saving money. With a focus on leveraging artificial intelligence, Sprive is developing a mobile mortgage assistant designed to assist users in paying off their mortgages faster and ensuring they always have the best deal. The team at Sprive is dedicated to transforming mortgage management and maximizing cost savings for users. Recent findings from the Financial Conduct Authority (FCA) reveal that 30% of homeowners pay up to £550 more than necessary when switching mortgages. Additionally, with millions of individuals expected to continue paying their mortgages into retirement, Sprive addresses a critical financial need. Notably, Sprive received a Seed Round investment on 01 January 2021 from Full Circle Africa. This injection of capital from Full Circle Africa presents a significant opportunity for Sprive to further develop its AI mortgage assistant and expand its reach within the financial services industry. With its commitment to easing the mortgage burden for homeowners, Sprive is poised to make a meaningful impact in the finance and financial services sectors. For those interested in the innovative solutions offered by Sprive, the company encourages individuals to visit their website, www.sprive.com, and register interest to stay updated on future developments.