Tranformify [TFY] recognised by Grammys of Entrepreneurship after scaling profit by 90% – London Business News | Londonlovesbusiness.com

Transformify [TFY], the forward-thinking platform that helps businesses hire, manage and pay global teams, contingent workforce and independent contractors, has been recognised by the 2025 Allica Bank Great British Entrepreneur Awards after scaling profit by an impressive 90%.

Established in 2015 by CEO and Angel Investor, Lilia Stoyanov, TFY is underpinned by advanced AI which supports SMEs in scaling global growth by automating workforce onboarding, compliance, billing and payments.

This includes a dedicated contractor management platform, which offers the perfect solution for mid-sized businesses with a headcount of 250 to 5000 people and integrates via an OpenAPI with all other systems.

100% bootstrapped with an unusual team structure, advanced technology and proven referral programme, Lilia has now been recognised for her unique approach to market and capability to scale profit by the 2025 Allica Bank Great British Entrepreneur Awards, having been shortlisted for AI Entrepreneur of the Year.

Known as “The Grammys of Entrepreneurship”, the awards celebrate the most exceptional and inspiring business stories across the UK. This year’s shortlist includes over 800 entrepreneurs from every nation and region of the UK, all recognised for their innovation, impact and resilience.

Past winners include the founders of BrewDog, Grenade, ClearScore, Zilch, and Unbiased, many of whom were recognised early in their entrepreneurial journey by the awards.

This year’s finalists:

• Employ over 25,000 people across the UK
• Expect to create more than 9,000 new jobs over the next year
• Generate a combined turnover of £2.25 billion
• Represent an average business age of six years

Lilia Stoyanov, Founder and CEO of TFY, said: “In just 10 years, TFY has transformed from an initial concept into a pioneering workforce management platform that enables organisations to successfully scale and manage global teams on a national and international scale through one easy-to-use AI-driven solution.

To be recognised by ‘The Grammys of Entrepreneurship’ is a true honour and a testament to both the entire team and the level of growth and profitability we have achieved despite being 100% bootstrapped. I now look forward to the awards ceremony this November and wish all other finalists the best of luck!”

Frankie James, founder of the Great British Entrepreneur Awards, added:

“We’re so proud to reveal this year’s shortlist, a truly remarkable group of founders who are changing lives and transforming industries. The quality of entries gets stronger every year, and it’s clear that the entrepreneurial spirit in the UK is more alive than ever.

Many of our finalists go on to become household names, and we can’t wait to watch what this year’s cohort achieves next.”

Winners will be announced at a prestigious awards ceremony at London’s Grosvenor House on Monday 17th November 2025, where over 1,500 entrepreneurs, investors and business leaders will come together to celebrate entrepreneurial success.

Headquartered in London, TFY is utilised by SMEs and Enterprises in over 184 countries worldwide.

For more information, visit: https://www.transformify.org