Sprive
A London fintech helping homeowners reduce their mortgage through cashback and remortgage comparison.
Europe's most interesting startup stories. Every week.
No spam. Unsubscribe anytime.
About Sprive
Founded in 2019 by former Goldman Sachs bankers Jinesh Vohra and Saad Hashim, Sprive offers an app that directs cashback from everyday purchases into mortgage overpayments and flags when remortgaging makes sense. On September 21, 2026 it closed a $10 million Series A with Ascension, Channel 4 Ventures, Velocity EIS, Active Partners, Wealth Club and Rank Ventures, taking total funding above $15 million. It reports 567,000 registered users, an annual revenue run rate above £18 million and positive cash flow.
The Story
Founded in 2019 by Jinesh Vohra (CEO) and Saad Hashim, former Goldman Sachs bankers.
How Sprive works
Business Model
A free consumer app monetised through retailer commissions and mortgage brokerage.
Revenue Model
Commissions on cashback and new mortgage deals; details undisclosed.
Products & Services
Key Products
- App Sprive
Core Use Cases
- Mortgage overpayments
- Cashback on purchases
- Remortgage deal tracking
Market & Clients
Key Customers
UK homeowners with mortgages.
Geographic Presence
How Sprive grows
Growth Strategy
Increase marketing, customer acquisition and revenue.
Regulatory Context
Activities subject to FCA rules on mortgage credit and brokerage.
Key Risks
- Dependence on the UK mortgage market
- Financial-advice regulation
- Company-reported metrics
Funding & Investors
Total Funding
Funding Rounds
- 2026 - : $10M
Key Investors
Founding Team
Founders
Key Metrics
Similar Startups
Marshmallow
British digital insurer founded in 2017, with a focus on drivers who arrived from abroad. Series C announced in 2025 at over $2 billion.
Read AnalysisZego
London insurtech selling car, van, taxi and delivery insurance to individual drivers. The March 2021 Series C valued it at $1.1 billion.
Read AnalysisCheckout.com
London-based payment processor for merchants, founded in 2012 by Guillaume Pousaz. Valued at US$12 billion in the employee share buy-back of 26 September 2025.
Read AnalysisSources
- Sprive raises $10m Series A to grow mortgage app — FinTech Global
- Dragons' Den cashback mortgage app closes $10m funding round — The Times