Sprive bags £5.5m to help UK homeowners repay mortgages faster

Quick Summary:

The funding will also allow the business to scale beyond its initial word-of-mouth growth strategy.

London-based Sprive saw the investment round led by Ascension, with participation from Channel4Ventures, the broadcaster’s consumer investment arm, Velocity Capital, and Two Magnolias.

The FinTech helps homeowners to pay off their mortgages faster, reducing interest costs and boosting their financial freedom.

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Article Details

Author / Journalist: Patrick Killeen

Category: InvestingBusiness

Markets: United Kingdom

Topics: PropTech FinTech Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 12:06:32 (19 hours ago)

News Timezone: GMT +8:00

News Source URL: businesscloud.co.uk

Language: English

Article Length: 317 words

Reading Time: 2 minutes read

Sentences: 11 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BusinessCloud

News ID: 28285623

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