Confido, the embedded financial infrastructure platform built for law firms and legal technology providers, has raised $9m in financing across two rounds, with the latest led by Aquiline Capital Partners.
The round also drew participation from The LegalTech Fund (TLTF), Breakwater Ventures, Live Oak Bank, and Context Ventures, which also led the initial round.
The funding will be used to strengthen Confido’s payments and disbursements infrastructure while expanding into additional embedded financial products designed for LegalTech providers and the law firms they serve. The company says the expansion reflects its broader goal of consolidating fragmented financial workflows into a single, compliant platform.
While the global legal industry moves more than $1trn annually, much of that volume continues to be managed through paper checks, manual reconciliation, and bank tools not designed for legal trust accounting, it said. Law firms must maintain strict separation of trust and operating funds, comply with state bar and IOLTA rules, and often manage multiple trust accounts across banks — requirements that generic payment and FinTech products are not built to support. As LegalTech platforms increasingly become systems of record for firms, these limitations have created a material operational and compliance bottleneck.
Confido was built to address this gap, designing its platform around bar rules and trust accounting requirements from the outset. Through a single GraphQL-based API, the company allows platforms and firms to accept card and ACH payments, route funds across multiple trust and operating accounts, execute intra-firm transfers, and send real-time digital disbursements, while automatically maintaining compliance with bar and IOLTA rules.
Confido currently powers payments and money movement for a number of leading LegalTech platforms and supports more than 1,500 law firms across the United States and Canada.
Aquiline Capital Partners partner and head of venture & growth strategy Dante La Ruffa said, “Confido makes it easier for law firms and LegalTech platforms to get paid and pay out funds by building compliant, modern payments and payouts directly into the systems they already use.
“As investors at the intersection of financial services and LegalTech, Aquiline is excited to support Emery and his team as they continue to build the preeminent financial platform for the legal market.”
Confido co-founder Emery Wager said, “We built Confido on the principle that LegalTech companies should have one API and one underwriting process to deliver all the payments and financial workflows their law firm customers need. This latest round will help further accelerate that vision beyond payments acceptance and disbursements.”
Copyright © 2025 FinTech Global
