Multiply

Multiply is an award-winning WealthTech company based in the UK, founded in 2016. The company's slogan, "Multi-award-winning tech, automating financial advice to empower advisers to serve more clients efficiently," encapsulates its mission. Multiply leverages generative AI to empower financial firms, helping them achieve greater efficiency, reduced costs, and improved customer service. The company offers a modular SaaS platform that allows financial institutions to customize their experience, offering features such as automated advice, voice transcription, document generation and analysis, and customer data analysis, among others. By automating key tasks, Multiply’s AI reduces administrative time by up to 80%, saving 4-6+ hours per client case for complex reviews. The platform delivers personalized financial advice across 11 key areas, ensuring robust compliance. Multiply’s technology has powered over 250,000 advice recommendations via their B2C app, refining their expertise. Today, their B2B solutions are used by major financial institutions, with Multiply’s technology white-labeled to serve their own customers. The company's last investment was a £2.00M Venture Round investment at 05 June 2018, with participation from investors including Octopus Ventures, Portage Ventures, Peter Rading, Nick Hungerford, Michael Orland, Toby Moore, Taavet Hinrikus, Will Brooks, Will Martin. With a focus on revolutionizing the financial services industry through innovative technology, Multiply presents a compelling proposition to potential investors.