Edinburgh-based Legado acquires tech from WonderBill
Open document and data platform specialist Legado has acquired the consumer and B2B bill management technology from WonderBill.
Launched in 2016 and backed by Shell Ventures, WonderBill allowed consumers to manage all their household bills and subscriptions.
The Edinburgh-based firm plans to repurpose WonderBill’s technology to support its B2B personal data management and engagement platform.
Josif Grace, CEO and founder of Legado, said: “WonderBill has invested significantly in its technology over the last few years. The integration of the consumer and B2B bill management technology into Legado’s platform will provide our corporate partners with a market-leading and compliant solution to manage, share, and access personal data in a way that is meaningful for customers.”
Nathaniel Mead, director at WonderBill, said: “We are delighted that Legado will integrate our innovative technology into their platform to deliver on their vision of managing important customer data in a single, secure place that’s easy to navigate.
“By offering the WonderBill functionality to its rapidly growing set of large B2B clients, Legado will provide increased ease and comfort to millions of households in the UK and beyond.”
Legado provides a customer-centric solution to document communication and management, engaging customers as they navigate key life events, helping reduce operational costs, and providing a more connected and cohesive digital experience.
Mr Grace added: “Consumers are tired of being inundated by various means of communication. Our advanced digital vault streamlines personal document management, with machine learning and analytics capabilities providing powerful insights that are used to help manage personal affairs, reduce the fragmentation of personal documents, and ensure consumers have greater peace of mind.”