Multiply helps freelancers and self-employed people get on top of their personal finances, for free.
First you answer a few questions about your current situation and any big goals you have, like saving for a house deposit or the trip of a lifetime. Then, our smart technology produces a simple plan of action to get you there. Your plan will have a list of recommendations across savings, pensions, insurance, and investments.
Thinking about the future (and how to afford it) is challenging, particularly when you’re self-employed and have an unpredictable income. We’ve designed Multiply with this in mind so our recommendations are based on what you can afford, not what you earn.
Multiply is available to UK Sole Traders aged 18-50 who earn under £300,000 a year.
- Unique plan with recommendations across Savings, Investments, Pensions and Insurance
- Emergency fund calculator
- Savings account finder
- Jargon-free explanations
- Totally independent recommendations
- Free to use
We’re building Multiply so you can have the freedom you love and the stability you deserve.
Are you regulated by the Financial Conduct Authority?
We’re working on it. Multiply was accepted on the second cohort of the FCA Advice Unit (2017) and is in the current FCA Sandbox. We have submitted our FCA application for the permissions of making arrangements, with a view to transactions in investments, arranging deals in investments, and advising on investments. Pending approval, our aim is to be fully regulated to provide "advice" by the end of this year.
Right now, your Multiply plan will give you an amount and a suggestion of the type of product you should deposit it in but can only recommend savings products, like cash ISAs, specifically.
Is this app providing financial advice?
Not yet, currently the service Multiply provides is known as "guidance". If you have any questions about our regulatory status please feel free to contact us firstname.lastname@example.org
Is my data safe?
Absolutely. We realise it can be scary to put your personal information on the internet, and even more so when it’s about your finances. So here are the things we’re doing to make sure your data is safe:
- We secure and protect your data using bank-level encryption. We will never share or sell your data.
- As part of becoming a regulated company, we’re working to meet the Financial Conduct Authority’s standards for security and data protection.
I’m not self-employed - can I use Multiply?
Yes! Anyone in the UK, aged 18-50, who earns under £300,000 a year can create a financial plan. It works just as well for employed people as it does for freelancers.
You can now choose to be notified when we add new features, so that you can be first to try them!
Ratings and Reviews
Beautiful user experience
Beautifully designed and makes me want to focus on my finances!
Up to six family members will be able to use this app with Family Sharing enabled.