Confido raises $9m
Confido, a financial infrastructure platform for law firms, has raised $9 million in funding led by Aquiline Capital Partners.Summary
Confido, a platform designed for the financial needs of law firms and legal technology companies, announced it has secured $9 million in financing across two rounds, with the latest led by Aquiline Capital Partners. The company addresses the challenges of managing over $1 trillion in annual transactions within the legal industry, which often relies on outdated methods like paper checks. Confido provides a GraphQL-based API that enables compliant money movement, accepting payments, routing funds, and executing transfers while adhering to strict bar rules and IOLTA regulations. Currently supporting over 1,500 law firms in the US and Canada, Confido aims to consolidate fragmented financial workflows into a single, compliant platform. Dante La Ruffa of Aquiline Capital Partners highlighted Confido’s ability to integrate compliant payments directly into existing systems, while Emery Wager, Confido’s cofounder, stated the new funding will accelerate the company’s expansion beyond payments acceptance and disbursements.
(Source：Finextra)
