Multiply
A digital solution for automating financial advice
- 1-20 employees
- Fintech
- B2B
- Artificial Intelligence
- Personal finance
- Financial Services
- London, UK
Jump to section
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
- L&D budget—we invest in your growth
- 25 days holiday (excl. bank holidays)
- Hybrid work culture—flexibility with remote options and free access to most co-working spaces if and when you want it
- Company laptop
- £200 home working setup allowance
- Meaningful equity! We want you to succeed as we do
- Regular offsites & team events—we work hard and have fun doing it
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
$4.8m
Total funding
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.