Scottish fintech Legado partners with MoneyHub

Today, Scottish fintech Legado announced a new partnership with open finance company Moneyhub.

Moneyhub customers will benefit from Legado’s encrypted personal Digital Vault services , enabling them to store their pension, life insurance and mortgage statements and policy documents securely and electronically.

By holding all those documents from different providers in one place, Moneyhub users can get a clearer picture of their financial histories and plan for the future. They will also be able to securely share those documents with selected third parties, such as advisers, friends and family. Each user will receive their own personal, portable and access-controlled vault, with features including after-death sharing and data integrations.

Legado is backed by UK insurer M&G and Edinburgh-based global platform-as-a-service provider FNZ, both part of the FinTech Scotland cluster.

Sam Seaton, CEO of Moneyhub said:

“As an Open Finance and Open Banking leader, Moneyhub truly is a hub for money, offering connections to pension and wealth management accounts, banking, insurance and investment, and more. And one thing all the various account types have in common is paperwork, which is why we have partnered with Legado to offer our clients a market-leading digital vault solution.”

Josif Grace, CEO & Founder of Legado said:

“As two technology leaders focused on helping businesses create exceptional digital experiences and consumers better prepare for the future, this partnership made a lot of sense. We are delighted to be working with the team at MoneyHub to create a world-class proposition.”