With its technology streamlining customer communications and reducing operational costs, Legado has also expanded its product rollout with FNZ’s global wealth management platform and anticipates further contracts in the second half of 2024.

Legado doubled headcount to over 30 in 2023 to match its growth trajectory.

Josif Grace, CEO and founder of Legado, said: “We have spent the last couple of years pivoting our company, with a rapid adoption rate through financial services. I would now describe us as the leading customer interaction and communication platform here in the UK.

“Essentially, we help organisations introduce a more secure and personalised way to interact with their clients, reducing operating costs and complexity, and of course we know that more paperless processes are so much better for the planet and are in line with increasing ESG requirements.

“We have some big corporate names joining the fold later this year, so we’re excited about the growth path we’re on at the moment.”

Legado’s key products, the ‘Interactive Hub’ and ‘Digital Vault’, offer tools for seamless digital communication and are available as standalone applications or via API. The technology caters to both large financial institutions and smaller businesses seeking digital transformation.

Backed by FNZ and Souter Investments, Legado’s growth is supported by strategic investment and product development.

Mr Grace explained: “FNZ continues to support Legado in enhancing our product offerings and expanding our reach within the financial services sector. Souter Investments has also provided strategic support and investment to help scale our operations and innovate our product suite.”

Adrian Durham, group CEO at FNZ, said: “We are thrilled to support Legado’s growth and innovation in transforming customer communications and client experiences.

“Legado’s modern platform aligns perfectly with our vision of leveraging technology to deliver enhanced, secure, and efficient solutions for the financial services industry.”