
Dragons’ Den company now worth £5,000,000 reveals ‘very rare’ achievement
Dragons’ Den company now worth £5,000,000 reveals ‘very rare’ achievement
The start-up app secured investment from three of the Dragons (Picture: BBC) A Dragons’ Den business that scored investment from three of the show’s stars is already worth millions – and the achievements don’t stop there. Former Goldman Sachs director Jinesh Vohra shook hands with Peter Jones , Deborah Meaden and Touker Suleyman after pitching his app, which focuses on taming mortgage overpayments, to save in the long run on interest payments. The free app Sprive launched in 2021 and seeks to help homeowners pay off their mortgage quicker, by putting aside cashback for that purpose from their weekly shops, having partnered with brands including John Lewis . People who use it have hailed it as ‘absolutely brilliant’, sharing how it’s helped them save money that they can put towards their mortgages. And it’s clearly working its magic for many, as Vohra revealed in a new interview, it was ‘the most downloaded finance app in the UK on the back of Dragon’s Den, which I didn’t really expect’. He continued to the Finanser : ‘It’s something I’m very happy about as it’s not something that is easily achievable. We were the sixth most downloaded app across all apps in the UK, post Dragon’s Den. It’s very rare.’ Jinesh Vohra is a former director at Goldman Sachs (Picture: BBC) During the episode, Vohra said the company works with over 2,500 brands, so that the expenses from food shops, coffee runs and takeaways, which are made through the app, save money on your mortgage. The app is also always on the lookout for better mortgage deals for its customers. He shared in the new chat that he understands how ‘rare’ it also is to ‘get your business in front of three to four million people over a 10 to 15 minute segment.’ Not underestimating the influence of the dragons on the general public, he added: ‘If they say we believe in this business, and we’re going to back this business, for a lot of people watching at home, that’s huge.’ And although he’s reaped the benefits of the app’s new public profile thanks to the show, he strongly believes it is not a ‘temporary blip’. The free app helps homeowners pay off their mortgage quicker (Picture: BBC) ‘We’ve definitely seen growth that is just incredible, and I don’t think it’s a temporary blip. I think we’re getting to new levels where we’re continuing to see sustained growth and momentum on the back of that, and much due to that initial kind of exposure.’ While pitching to the famed business tycoons on national TV, who also included Gary Neville and Steven Bartlett in the line-up, Vohra explained that Sprive can put up to £25 a month towards a person’s mortgage, potentially saving thousands in interest. A year before even walking into the den, the startup had closed a round of £5,500,000 funding from investors, according to a report in Fintech Finance News . Vohra’s appearance on the

Originally reported by
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