💨 Abstract

Sprive, a UK-based fintech app, has secured £5.5 million in funding for its mortgage overpayment platform. The app allows homeowners to pay off their mortgages faster through everyday shopping, using automation and cash-back rewards, saving an average of £10,000 per mortgage over its lifetime. It scans the market to help users find better mortgage deals and gives lenders a more efficient digital means of acquiring new customers.

Courtesy: techcrunch.com

Summarized by Einstein Beta 🤖