Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

SPRIVE LIMITED

Sprive is a UK consumer fintech that helps homeowners pay off their mortgages faster and save interest.

£ 300,000
81 Days left

40% of minimum goal raised

Seeking
Lead investor:

Minimum Target

£ 749,112

Minimum investment amount

£ 10,000

Maximum Target

£ 749,112

Maximum investment amount

£ 749,112

Investment Opportunity

Sprive is an app that helps homeowners pay off their mortgages faster and save interest. We do this by helping customers set aside spare cash, earn money when they do their everyday shopping at 60+ tier-A brands like Tesco, Asda, and Sainsbury's, and earn rewards from completing surveys which they can pay to their mortgage lender with just one tap. We also scan the market daily to help customers get the best deal at the right time.

LIVE PITCHING

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THE IDEA
Products & Services

We help homeowners set aside spare cash based on their spending which they can pay to their lender with just one tap. Customers can earn money towards their mortgage within 15 minutes of shopping at brands like Asda, Sainsbury's, Tesco, and Amazon. Customers can also earn money towards their mortgage by completing surveys. As they make regular overpayments, they can track their progress. We also scan the market every day to ensure they're on the best deal. The average user using Sprive is on track to save on average £8k in interest and pay off their mortgage 3 years earlier.

Problem Solved

Most homeowners spend their entire adult life paying their lender tens if not hundreds of thousands of pounds in interest and live with the ongoing pressure of earning enough to afford their home. It's expected millions of people in their 60s will still have a mortgage creating financial pressures late in life. We're on a mission to help people become debt-free faster just by living their everyday life. We firmly believe becoming debt-free shouldn't be just for the super-rich. Especially with rising rates and the cost of living crisis, homeowners are looking for solutions to help them save money.

Revenue Model

We get paid commissions from merchants and mortgage lenders for every transaction that is processed via the Sprive app. On average earn £136 per user annually using the Sprive Marketplace and lenders pay us up to 0.35% of outstanding mortgage loan.

Exit Strategy
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The Idea

Products & Services

We help homeowners set aside spare cash based on their spending which they can pay to their lender with just one tap. Customers can earn money towards their mortgage within 15 minutes of shopping at brands like Asda, Sainsbury's, Tesco, and Amazon. Customers can also earn money towards their mortgage by completing surveys. As they make regular overpayments, they can track their progress. We also scan the market every day to ensure they're on the best deal. The average user using Sprive is on track to save on average £8k in interest and pay off their mortgage 3 years earlier.

Problem Solved

Most homeowners spend their entire adult life paying their lender tens if not hundreds of thousands of pounds in interest and live with the ongoing pressure of earning enough to afford their home. It's expected millions of people in their 60s will still have a mortgage creating financial pressures late in life. We're on a mission to help people become debt-free faster just by living their everyday life. We firmly believe becoming debt-free shouldn't be just for the super-rich. Especially with rising rates and the cost of living crisis, homeowners are looking for solutions to help them save money.

Revenue Model

We get paid commissions from merchants and mortgage lenders for every transaction that is processed via the Sprive app. On average earn £136 per user annually using the Sprive Marketplace and lenders pay us up to 0.35% of outstanding mortgage loan.

Exit Strategy
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Website

www.sprive.com

Location

LONDON