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Multiply
A digital solution for automating financial advice
- 1-20 employees
- Fintech
- B2B
- Artificial Intelligence
- Personal finance
- Financial Services
- London, UK
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Company mission
To help people achieve their goals and take charge of their future.
20% female employees
Our take
Through the success of their own consumer-focused app, Multiply have seen the impact that digitising advice can have. Over the last 6 years the company have generated over 200,000 advice recommendations on over £3 billion worth of assets. And now they want to share this expertise with the wider financial services industry and transition to a B2B offering.
Right now, many advisers still collect information, crunch the numbers and then hand-present the solutions to the client. This typically takes several hours, creating a slow and expensive process. Multiply is reducing this time frame to minutes, offering everything from a full stack digital advice solution to standalone software which can be integrated into businesses.
The founders of Multiply met as part of the prestigious Entrepreneur First incubator in 2017. They are already FCA-regulated and attracting impressive clients, including one of the largest financial institutions in Ireland.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Personal development fund
- 25 days holiday (excl. bank holidays)
- Work from home, with free access to most co-working spaces if and when you want it
- Company laptop
- £200 home working setup allowance
- Equity! We want you to succeed as we do
Company values
- We always put the customer first. Our number one goal is to give businesses the tools they need to help people improve their financial wellbeing. We work as a team. We are all working toward the same objective, communicating with openness and respect. We are constantly evolving. We celebrate success and are always looking for ways to get better. We move quickly. We pursue ambitious goals through swift decision-making, brilliant prioritisation and incremental change.
Funding (2 rounds)
Jun 2018
$2.6m
EARLY VC
Dec 2017
$2.2m
SEED
Total funding: $4.7m
This company has top investors
Leadership
Vivek Madlani
(CEO)Former City trader with 13 years' experience at Lehman Brothers and RBS. Founded Multiply.AI as part of the Entrepreneur First incubator in 2016.
Mike Curtis
(CTO)PhD in Computational Astrophysics from Cambridge, previously MA in Mathematics from Cambridge.
People progressing
JP started in April 2021 as a Customer Support and Operations Lead and was recently promoted to Business Operations Manager.
Diversity, Equity & Inclusion at Multiply
- Multiply AI Limited commits to: Promote Equity, Diversity, and Inclusion (EDI): We recognise that fostering equity, diversity, and inclusion in the workplace is not only a moral imperative but also makes sound business sense. It enriches our company culture, drives innovation, and enhances our ability to serve our diverse clientele effectively. Create a Respectful Work Environment: We are committed to cultivating a working environment that is free from all forms of bullying, harassment, victimisation, and unlawful discrimination. We value the dignity of every individual and actively celebrate the unique contributions and differences of our staff. This commitment entails ongoing training for managers and all colleagues to ensure they understand their rights and responsibilities under our EDI policy. Address Complaints Swiftly and Seriously: We take complaints of bullying, harassment, victimisation, and discrimination very seriously. Such behaviours will be promptly investigated and dealt with according to our grievance and disciplinary procedures. We emphasise that acts of sexual harassment will not be tolerated and may result in both employment and criminal consequences. Support Staff Development: We are dedicated to providing equal opportunities for training, development, and career advancement to all staff. We are committed to helping every individual reach their full potential, thereby maximising the efficiency and effectiveness of our organisation as a whole. Merit-Based Decision Making: Decisions regarding staff will be based solely on merit, with limited exemptions as allowed under the Equality Act. We are committed to ensuring fairness and impartiality in all aspects of our employment practices. Regular Review and Updates: We will regularly review our employment practices and procedures to ensure they remain fair, inclusive, and compliant with relevant laws and regulations. Our EDI policy will be updated as needed to reflect changes in the legal landscape and best practices. Continuous Monitoring and Action: We will monitor the composition of our workforce, including factors such as age, gender, ethnicity, sexual orientation, religion, and disability. This ongoing monitoring will enable us to assess the effectiveness of our EDI policy, identify areas for improvement, and take proactive action to address any disparities or issues that arise. These commitments reaffirm our unwavering dedication to fostering a workplace where every individual feels valued, respected, and empowered to succeed. We recognize that EDI is not a one-time initiative but an ongoing journey that requires continuous effort, vigilance, and dedication from all members of our organisation.
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