UK fintech Sprive closes $7.3M round to facilitate mortgage overpayments

Most of the mortgage lenders would not pay mortgage loans early. After all, how do they make their money. Indeed, the payment is already discouraged in a positive way and sometimes punished. Along with financing arrangements, what if there was a solution that solves the technology behind?

This is the idea behind it Get angine Fintech application. This is a “mortgage overlap” platform that helps users to pay the mortgage loans and paying mortgage loans faster using cash prizes. It claims that users save an average of £ 10,000 throughout the mortgage life.

Sprive launched in October 2021, now 5.5 million TL ($ 7.3 million) financing tour Risinga VC who styles as a self-effective investor. Ascension, as well as the mortgage starting Tembo, as well as Fintech companies supported Wagestream, SuperSi, Debt, Goodstack and Credit Kudos (Apple).

Sprive said they worked with the homeowners, automatically to find mortgage deals automatically to find mortgage deals automatically by securing the mortgage mortgage.

Users can pay for a mortgage from a bank account related to Sprive application for normal UK supermarkets by the Andsprive app. Then use cash-back offers, discount checks and more to pay the mortgage faster. This does this by saving the user to money on mortgage interest and exposing potential years during the mortgage period.

“Lenders want to innovate in the mortgage industry, but they rely on mortgage consultants for the charter,” said CEO Jinesh Vohra Techcrunch. “To attract a customer to make a mortgage again, they trust in digital and ungrateed mortgage consultants. Thus, it is a pleasure to innovate. But the ability to get access to their mortgage information, credit information and their property data.”

He said Sprivers gives loaners more effective digital means to get new customers. “Every time you make mortgage loans, money or earn money in your mortgage within 15 minutes of shopping, and we are scanning for better mortgage deals every day.

It was as well as participating in this round, Kanchal4ventures (consumer of the British broadcast channel 4), was speed capital and two magnolics.