Multiply is a London-based company that uses artificial intelligence to run a platform designed for freelancers with the intention of aiding them in financial planning for situations such as savings, investments, pension, mortgages, and insurance.
The company's product is a downloadable application, which is available for iOS devices. There are various features on the platform such as an emergency fund calculator, which tells users how much money they need to have saved in case of a challenging situation and how to save it. There is also a savings account finder that aids the user in finding the optimal account for his/her emergency fund. Another feature is the pension contribution planner, which gives users information about how much the contribution to their pensions should be based on various incomes.
Multiply uses bank-level encryption as part of its security measures in order to keep users' information safe. The company consults with the Financial Conduct Authority for other security measures within the application.
Timeline
Funding rounds
People
Chee Diep
Employee
Chung-Sung Lau
Employee
Henry Davies
Employee
Jian Choi
Employee
Joe White MBE
Advisor
Matt Wichrowski
Advisor
Michael Orland
Investor
Mike Curtis
Co-Founder and CTO
Rob Collyer
Employee
Rowan Pereira
Employee
Sasha Hossain
Employee
Stephen Einchcomb
Advisor
Toby Moore
Advisor
Vivek Madlani
Co-Founder and CEO
Further reading
New fintech app means everyone can have a personal financial adviser
Amelia Heathman
Web
October 8, 2018