When was Sprive founded?

Sprive was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is Sprive located?

Sprive is headquartered in London, United Kingdom. It is registered at 502, Amarjyothi Layout, 8th Main West Wing, Domlur, Bangalore, Bangalore, Karnataka, India, 560071.

Which legal entities is Sprive associated with?

Sprive is associated with Sprive Limited. and 1 other.

How many employees does Sprive have?

As of May 31, 2026, the latest employee count at Sprive is 29.

Is Sprive a funded company?

Sprive is a funded company, having raised a total of $9.5M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Apr 01, 2020.

How much is Sprive worth?

The latest valuation of Sprive is £***** as of Jun 07, 2022.

When was the latest funding round of Sprive?

Sprive's latest funding was a $***** Series B round on Apr 29, 2025, with participation from 4 investors.

Where does Sprive rank among its competitors?

Sprive ranks 1st amongst 7 active competitors, only 1 of which is funded. Sprive, which secured $7.35M in Apr, 2025.

Who are the top competitors of Sprive?

Sprive's top competitors include CreditRich, PayDownHero and Qoins. Among them, Sprive secured the most recent funding round in April, 2025.

Sprive - 2026 Company Profile, Team, Funding, Competitors & Financials

Sprive is a series B company based in London (United Kingdom), founded in 2019 by Saad Hashim. It operates as a Provider of an app-based debt repayment solution. Sprive has raised $9.5M in funding from Ascension, with a current valuation of £*****. The company has 7 active competitors, including 1 funded and 1 that has exited. Its top competitors include companies like CreditRich, PayDownHero and Qoins.

Company Details

Provider of an app-based debt repayment solution. It offers a solution that enables users to repay mortgage debts with the spare change method. Users must attach the bank accounts associated with the loan, the platform calculates the repayment term and creates a savings plan, and funds are allocated periodically by using artificial intelligence technology. The application is available on Android and iOS platforms.

Website: sprive.com/
Social
Email ID: *****@sprive.com
Registered Address: 502, Amarjyothi Layout, 8th Main West Wing, Domlur, Bangalore, Bangalore, Karnataka, India, 560071

Key Metrics

Founded Year

2019

Location

London, United Kingdom

Stage

Series B

Total Funding

$9.5M in 3 rounds

Latest Funding Round

Series B, Apr 29, 2025, $*****

Post Money Valuation

£***** as on Jun 07, 2022

Investors

Ascension & 15 more

Ranked

1^st among 7 active competitors

Employee Count

29 as on May 31, 2026

Similar Companies

CreditRich & 12 more

View Sprive's full profile

Sprive is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SPRIVE INDIA PRIVATE LIMITED CIN: U72900KA2022FTC168240 , India, Active	Nov 23, 2022	$0 - $1M (As on Mar 31, 2025)	-
Sprive Limited. CIN: 12102682 , United Kingdom, Active		-	3 (As on Jul 31, 2024)

Sprive has raised a total funding of $9.5M over 3 rounds. Its first funding round was on Apr 01, 2020. Its latest funding round was a Series B round on Apr 29, 2025 for $*****. 4 investors participated in its latest round. Sprive has 11 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Sprive:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2025	8428318	Series B	2102171	2833798	1765765	3719721
Jun 07, 2022	1301675	Series A	8683121	1320805	3385451	2986450
Apr 01, 2020	4116602	Seed	9141847	2177383	6480900	2178706

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View details of Sprive's funding rounds and investors

The founders of Sprive is Saad Hashim. Jinesh Vohra is the CEO of Sprive.

Here are the details of Sprive's key team members:

Saad Hashim: Co-Founder & COO of Sprive.

View details of Sprive's Founder profiles and Board Members

Sprive's employee count trend

Sprive has 29 employees as of May 26. Here is Sprive's employee count trend over the years:

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Top competitors of Sprive include CreditRich, PayDownHero and Qoins. Here is the list of Top 10 competitors of Sprive, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sprive 2019, London (United Kingdom), Series B	Provider of an app-based debt repayment solution	$9.5M	Channel 4 Ventures, Ascension & 14 others	50/100
2nd	CreditRich 2020, Stamford (United States), Funding Raised	Debt repayment for individuals based on bill payments	-	Backstage Capital	29/100
3rd	PayDownHero 2018, Boston (United States), Unfunded	App-based platform for auto loan repayment using spare change	-	-	28/100
4th	Qoins 2016, Atlanta (United States), Deadpooled	Online platform for debt repayment	$2.18M	RevTech Labs, Front Row Fund & 9 others	28/100
5th	Cents 2016, Salt Lake City (United States), Acquired	Save money at your favorite shops with exclusive deals	-	-	26/100
6th	Piggit 2021, Paris (France), Funding Raised	Online platform for consumer debt repayment	-	APX	22/100
7th	Chip 2018, Indianapolis (United States), Unfunded	Debt repayment solutions for spare change	-	-	22/100
8th	Monafa 2020, Mumbai (India), Funding Raised	Provider of an online debt repayment platform for individuals	-	Thirteen Initiatives	20/100
9th	BetterCents 2021, London (United Kingdom), Deadpooled	Debt repayment solutions	-	-	16/100
10th	Mortgage Mate 2020, Deadpooled	Mortgage debt repayment solutions	-	-	15/100