Multiplier Holdings
Category: AI in Fintech
A technology company that acquires and builds AI-native professional services firms, starting with accounting and tax. Multiplier Holdings was founded in 2022. The company is led by Noah Pepper. Based in Singapore. Team size: 11-50. Total funding raised: $27.5 million. Latest round: Series A. Key investors include Lightspeed Venture Partners, Ribbit Capital, SV Angel, EDBI.
- Founded
- 2022
- Headquarters
- Singapore
- Team size
- 11-50
- Total funding
- $27.5 million
Value proposition
To enhance the efficiency, profitability, and client service quality of professional services firms by integrating proprietary AI to automate manual tasks and improve scalability.
Products and solutions
AI-driven practice management platform, Global payroll and HRIS capabilities
Unique value
Employs a 'roll-up' strategy of acquiring professional services firms and transforming them with proprietary AI, rather than selling software as a service.
Target customer
Ambitious boutique professional service firms, particularly in the accounting and tax sectors.
Industries served
Accounting, Tax Services, Professional Services
Technology advantage
Deeply integrates its AI platform into the core operations of acquired firms, creating hybrid technology firms with aligned incentives for higher quality and automation than what can be achieved with off-the-shelf software.
How they differentiate
Differentiates from the Big Four by being AI-native and technology-first. Differs from software vendors by acquiring firms and becoming an operator, allowing for deeper integration and partnership.
Main competitors
Big Four accounting firms (Deloitte, PwC, EY, KPMG), Kintsugi (AI for sales tax), Vertex (Tax software for enterprises)
Key partnerships
Acquisition of Citrine International Tax (2025), Onside Tax & Accounting (Sep 2025), Expat Tax Professionals, CYLL CPA, Oxygen Advisors (Apr 2026). Partnerships with Lightspeed Venture Partners, Ribbit Capital, and EDBI for funding.
Notable customers
Citrine International Tax, Onside Tax & Accounting, Expat Tax Professionals, CYLL CPA, Oxygen Advisors (all acquired/partnered)
Major milestones
Launched publicly with $27.5 million in combined Seed and Series A funding (Jun 2025)., Acquired and integrated Citrine International Tax., Acquired/partnered with Onside Tax & Accounting (Sep 2025)., Acquired Expat Tax Professionals and CYLL CPA., Acquired Oxygen Advisors as 6th acquisition (Apr 2026)., Proved business model by significantly increasing profitability of acquired firms through AI integration.
Growth metrics
Multiplied cash flows by approximately 2.5 times for its first acquisition, Citrine International Tax, within the first eight months.
Market positioning
A technology-driven disruptor aiming to build an AI-powered competitor to traditional, large-scale professional services firms.
Geographic focus
Global, with a focus on acquiring high-growth, high-revenue firms worldwide.
Patents and IP
Not publicly disclosed
About Noah Pepper
Noah Pepper is the Founder and CEO of Multiplier Holdings. He is a former Stripe executive where he was the business lead for the Asia Pacific region. He has a background in technology and business, with a focus on technological progress and economic growth.
Official website: https://www.multiplierholdings.com/