{"id":47459,"date":"2017-05-22T00:40:08","date_gmt":"2017-05-21T23:40:08","guid":{"rendered":"http:\/\/staging.startups.co.uk\/startups-100\/?p=47459"},"modified":"2021-05-18T14:26:54","modified_gmt":"2021-05-18T13:26:54","slug":"42-transformify","status":"publish","type":"post","link":"https:\/\/staging.startups.co.uk\/startups-100\/2017\/42-transformify\/","title":{"rendered":"42. Transformify"},"content":{"rendered":"

Founders:<\/strong> Lilia Stoyanov and Desislav Kamenov
\nFounded: <\/strong>May 2015
\nWebsite: <\/strong>www.transformify.org<\/a><\/p>\n

Involved in a business transformation process, Lilia Stoyanov witnessed a lot of people lose their jobs. Many were in their fifties and sixties, lived in small cities, had mortgages and didn’t have the means to relocate.<\/p>\n

She found herself thinking: “What if they don’t need to relocate? What if their next job is a click away?’’. This seed of an idea eventually grew into a fully fledged business: Transformify.<\/p>\n

The company acts as a business-to-business marketplace, helping companies connect with remote talent the world over. Some may want to work from home through choice, others may be forced to because of disability or a dependent family member.<\/p>\n

Its workers, who span 143 countries, receive secure payment straight into their e-wallet, regardless of where the employer is based and what currency is used. They can access cash instantly via a prepaid card linked to their account.<\/p>\n

Transformify has more than 40 business clients around the world, many of them FTSE 100 or Fortune 500 companies, which pay a transaction fee for every payment transferred through the platform.<\/p>\n

Its goals are both admirable and hugely ambitious: to help people in disadvantaged positions make a living, to lower unemployment levels, help manage immigration, re-balance overcrowded cities and abandoned rural areas and curb the high CO2 emissions involved with commuting – all while targeting a listing and an eventual $1bn valuation.<\/p>\n

Already set for $10m turnover for 2017 and a profit of $6.5m, its goals may not be as far-fetched as they first appear.<\/p>\n\n","protected":false},"excerpt":{"rendered":"

Founders: Lilia Stoyanov and Desislav Kamenov Founded: May 2015 Website: www.transformify.org Involved in a business transformation process, Lilia Stoyanov witnessed a lot of people lose their jobs. Many were in their fifties and sixties, lived in small cities, had mortgages and didn’t have the means to relocate. She found herself thinking: “What if they don’t […]<\/p>\n","protected":false},"author":91469,"featured_media":47330,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[181],"tags":[],"class_list":["post-47459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-181"],"acf":[],"yoast_head":"\n42. 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