Global: Confido Secures $9 Million to Scale Embedded Financial Infrastructure for Law Firms

Confido, an embedded financial infrastructure platform built specifically for law firms and LegalTech providers, has raised $9 million across two funding rounds. The most recent round was led by Aquiline Capital Partners.

Additional investors include The LegalTech Fund, Breakwater Ventures, Live Oak Bank, and Context Ventures, which led the company’s initial round.

Addressing a Structural Gap in Legal Finance

The global legal sector processes more than $1 trillion annually, yet much of its financial activity still relies on paper checks, manual reconciliations, and legacy banking tools. Law firms must maintain strict segregation between trust and operating accounts, adhere to state bar regulations, and comply with IOLTA requirements—obligations that traditional fintech and payment platforms are not designed to manage.

As LegalTech platforms increasingly serve as systems of record for law firms, these outdated financial processes have become a significant operational and compliance bottleneck.

Confido was developed to close this gap. The platform is purpose-built around bar rules and trust accounting standards, enabling compliant money movement without requiring firms to retrofit generic financial tools.

Embedded, Compliance-First Infrastructure

Through a single GraphQL-based API, Confido enables LegalTech platforms and law firms to:

• Accept card and ACH payments
• Route funds across multiple trust and operating accounts
• Execute intra-firm transfers
• Facilitate real-time digital disbursements
• Automatically maintain compliance with bar and IOLTA rules

The company currently supports more than 1,500 law firms across the United States and Canada and powers payments for several leading LegalTech platforms.

Dante La Ruffa, Partner and Head of Venture & Growth Strategy at Aquiline, noted that Confido’s positioning at the intersection of financial services and LegalTech aligns with the firm’s investment focus. He described the platform as a modern, compliant payments infrastructure embedded directly within the systems law firms already use.

Expansion Beyond Payments

The fresh capital will be deployed to strengthen Confido’s payments and disbursement capabilities while expanding into additional embedded financial products tailored for LegalTech providers and their law firm clients.

According to cofounder Emery Wager, the company’s long-term objective is to consolidate fragmented financial workflows into a unified, compliant platform. He emphasized the vision of offering LegalTech companies a single API and underwriting process to power all necessary financial workflows.

Investors have highlighted the platform’s regulation-first design as a key differentiator in a sector where generic financial tools have historically struggled to meet compliance demands.

With this latest raise, Confido is positioning itself as a foundational financial infrastructure layer for the evolving LegalTech ecosystem—bringing compliance, automation, and embedded finance into a traditionally conservative industry.