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
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.