Multiply, founded in 2016 and headquartered in the United Kingdom, is an award-winning WealthTech company revolutionizing the finance industry with its advanced technology solutions. The company's innovative use of generative AI provides significant value to financial institutions by automating routine advisory tasks, thereby improving efficiency and reducing operational costs.
With a focus on empowering financial advisers, Multiply's modular SaaS platform offers customizable features such as automated advice, voice transcription, document generation and analysis, and customer data analysis. These tools collectively reduce administrative workloads by up to 80%, saving 4-6+ hours per client case. This capability positions Multiply as a leading provider of personalized financial advice solutions across 11 key areas.
Multiply initially honed its technology through its B2C app, producing over 250,000 advice recommendations. Now, their pivotal transition into B2B solutions has resulted in widespread adoption by major financial institutions. Their last known investment was through a Support Program investment with Tech Nation on 01 September 2022, underscoring the company's potential for continued growth and innovation.