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From a coffee shop conversation to a partnership
The relationship between the two companies began early, with a simple conversation between founders comparing notes on what they were building. That meeting laid the groundwork for what has now become a formal collaboration more than a decade in the making.
At FinTech Scotland, our aim is to create the conditions for founders, innovators and industry to meet, share ideas and collaborate. The connection between Legado’s Josif Grace and Amiqus’s Callum Murray is a clear example of what the ecosystem is designed to enable: an early introduction that has developed into a commercial partnership with the potential to benefit the wider UK financial services sector.
Amiqus has also made the most of the opportunities available through FinTech Scotland, participating in the Financial Regulation Innovation Lab (FRIL) innovation call on AI and compliance. Through the programme, Amiqus worked with Virgin Money to explore how AI could strengthen quality control across digital and manual onboarding. After demonstrating the scalability of its platform, Amiqus moved from pilot into live production, and secured a three-year engagement.
Solving a multi-billion-pound problem
Client onboarding and compliance remain among the most complex, time-consuming and expensive processes in regulated financial services. From identity verification and anti-money-laundering checks to the secure exchange of documents and ongoing communication, firms and their clients face friction at every stage. As Callum Murray notes, it’s a multi-billion-pound problem to solve, and one that has only grown in importance as compliance and consumer duty obligations become central to how financial institutions operate.
What the partnership delivers
The technology partnership brings together Amiqus’s reusable digital identity and Anti-Money Laundering (AML) capabilities with Legado’s regulated communications and electronic signature platform. The result is seamless, connected, compliance-driven client workflows — from verifying identity biometrics to collecting, signing and evidencing documents — in one auditable journey. As part of the collaboration, Legado’s LegadoSign product will be fully integrated into the Amiqus platform.
The partnership is designed to support a range of regulated workflows, including:
- Investor, customer, and adviser onboarding
- Account opening
- Trust and beneficiary documentation
- Pension and investment instructions
- Consent forms
- Any regulated document where firms need a clear, auditable record
Between them, the two companies share a client base that includes Virgin Money, FNZ, Quilter, Scottish Building Society, Moneyhub, and Co-op Legal Services, with a growing presence in international markets.
A decade-long peer relationship
Reflecting on the collaboration, Callum Murray, Founder and CEO of Amiqus, said: “Josif and his team had the foresight to recognise the regulatory shift in how financial institutions meet consumer duty obligations with client communications, now seen as regulated infrastructure by boards and exec teams, central to governance and operational resilience. Our reusable identity wallet is perfectly aligned with their embedded digital signature product and with FNZ as a shared client and platform, there’s a huge amount of value we can jointly deliver to their client base, supporting seamless and embedded investor onboarding experiences.”
Josif Grace, Founder and CEO of Legado, said: “Amiqus has been a peer with us amongst scaleups based in Edinburgh and connected via FinTech Scotland for more than a decade, and they’re ahead of the curve in areas like AML. We can’t wait to begin working with Callum and his team on strategic opportunities that will benefit both companies and provide significant shared value for our clients.”
Collaboration over competition
Rather than viewing overlapping ground as a source of competition, Legado and Amiqus have chosen to combine capabilities to deliver something greater than either could alone. As Callum puts it, “collaboration over competition is the way to go when it comes to solving problems and growing”. That’s a philosophy that sits at the heart of the FinTech Scotland community, and one we’re proud to see put into practice.
For the UK financial services sector, the result is a meaningful step towards simpler, faster and more secure onboarding.
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Commodities Marketplace BLK secures listing on stock market via Euronext Access Dublin
Gabriele Dadò, Chief Executive Officer of BLK
BLK Global PLC secures listing on Euronext Access Dublin, with trading set to begin at 8.00am on 31 July 2026 under the ticker code BLKX. The Glasgow-based company runs www.blkcommodities.com, a technology-driven marketplace where businesses can source, buy and sell physical raw materials and commodities.
What does BLK do?
Founded in Glasgow in 2018 by shipping and technology executives Gabriele Dadò and Aleksandra Dadò, BLK runs an online marketplace where businesses around the world can buy and sell raw materials and commodities, spanning agricultural products, chemicals, energy, construction materials, industrial goods and metals.
The platform cuts out brokers and middlemen, connecting buyers directly with producers. This means businesses pay a fairer price for goods and can manage purchases more efficiently. BLK also handles the physical shipping and delivery of goods bought through the platform, making it an end-to-end solution for commodity buyers and sellers. The company operates from its Glasgow headquarters, with additional offices in Mumbai and Dubai.
Strong growth
BLK has grown quickly in recent years. Revenues rose from £5.5 million in 2024 to £20.7 million in 2025, and the company turned a profit at the operating level in the same year. More than $15 billion worth of commodity stock is currently listed on its platform. Trading in the current financial year is said to be in line with expectations, with full year results due in October 2026.
Why list now?
BLK sees the public listing as a way to build trust and awareness with customers globally, and to position itself to raise further investment as growth opportunities arise. The company is targeting annual revenue growth of over 40% and aims to become a leading name in digital commodities trading by 2030, with around 40% of revenues expected to come from the marketplace platform itself rather than shipping.
Gabriele Dadò, Chief Executive Officer of BLK, said:
“We are excited to become a public company at a pivotal moment for BLK and for the digitalisation of global commodity trade. The Euronext Access market in Dublin provides an ideal stepping stone for BLK to execute the next phase of our growth, leveraging our standing as a public company to build our profile, grow a qualified audience of customers and partners as well as enhancing the Company’s access to public and competitive capital markets, as future growth opportunities arise. This will enable us to deliver on our mission of providing transparency and access to SMEs with direct, peer-to-peer access to producers and sellers of commodities, reducing reliance on brokers and intermediaries, streamlining the procurement process and making the whole supply chain more efficient for the benefit of local economies at both ends of the chain.”
Find out more about BLK’s listing on Euronext Access Dublin.
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