Irish cyber and compliance company ZeroRisk raises $10m. 9 Sep 2026 From left: Patrick Pinschmidt, MiddleGame; Gary Nolan, ZeroRisk; Niall McEvoy, Elkstone. Image: ZeroRisk The company's platform aims to help payment processors and retailers manage and reduce cyber risk. Irish cybersecurity and compliance company ZeroRisk has raised $10m in a Series A funding round led by MiddleGame Ventures with participation from existing investor Elkstone. The company aims to help payment processors and retailers manage and reduce cyber risk by uniting "risk monitoring, compliance, education, guided remediation and protection services in one platform". It offers payment processors "a single view of cyber risk across the hundreds of thousands of retailers using their payment processing technology", and provides individual retailers with "clear guidance on the risks that matter to their business and the steps they can take to address them", according to the company. ZeroRisk said the new funding would be used to support its expansion globally, further its product development, and increase operational capacity to deploy the platform across large merchant portfolios of major payment providers. Co-founder and CEO Gary Nolan said: "Payment companies have spent years trying to manage merchant risk through annual compliance exercises. "That is no longer enough. Their customers are dealing with scams, credential theft, website vulnerabilities and attacks on devices every day. "ZeroRisk has moved from proving the product to deploying it at scale. This investment will allow us to expand the team, deepen the platform and support the payment providers that have chosen to build their next-generation of merchant cyber programmes with us." The company works with European and North American customers including Bank of America, Global Payments, Checkout.com and Trust Payments. Patrick Pinschmidt, a co-managing partner at MiddleGame Ventures, said: "The ZeroRisk team brings a unique combination of commercial and technical expertise, reinforced by working hand-in-hand with leading payment providers." ZeroRisk, which was founded in 2023 and has Irish operations in Dublin and Longford, and a US office in Atlanta, said it "expects to grow revenue threefold in 2026 as contracted programmes move into deployment and its international customer base grows". The Irish company, co-founded by Nolan, Francesco Consiglio and Marco Borza, raised $4m in February 2025 in a round led by Elkstone, whose head of venture Niall McEvoy said of the new funding: "The commercial progress in a short period of time has been impressive, and this Series A funding round further validates investor confidence that ZeroRisk can deliver transformational change in the sector globally."

ZeroRisk raises $10 million to scale merchant cybersecurity platform. Sep 09, 2026, 01:30 ET Funding will accelerate global expansion, product development and the deployment of ZeroRisk across major payment providers. ZeroRisk aims to dominate the emerging risk orchestration segment in the payment processing market. DUBLIN, Sept. 9, 2026 /PRNewswire/ - ZeroRisk the Irish cybersecurity company helping payment providers manage and reduce cyber risk across their merchant portfolios, has raised $10 million in Series A funding. Founded in 2023, ZeroRisk gives banks and payment providers a single view of cyber risk across their merchant portfolios. It brings together risk monitoring, compliance, education, guided remediation and protection services in one platform. Merchants receive clear guidance on the risks that matter to their business and the steps they can take to address them. The round was led by MiddleGame Ventures, with participation from existing investor Elkstone. The investment will support ZeroRisk's expansion globally, further product development and the operational capacity needed to deploy the platform across large merchant portfolios. ZeroRisk is already working with payment businesses including Bank of America, Global Payments, Checkout.com and Trust Payments. The company expects to grow revenue threefold in 2026 as contracted programmes move into deployment and its international customer base grows. Merchant cyber programs have traditionally focused on annual compliance exercises. The risks facing smaller businesses now extend well beyond compliance and include scams, stolen credentials, website vulnerabilities, attacks on connected devices and the ability to recover when something goes wrong. ZeroRisk also helps payment processors turn their compliance responsibilities into revenue opportunities through the distribution of value-adding services to merchants. Speaking today, Gary Nolan, co-founder and CEO of ZeroRisk, said: "Payment companies have spent years trying to manage merchant risk through annual compliance exercises. That is no longer enough. Their customers are dealing with scams, credential theft, website vulnerabilities and attacks on devices every day. Our job is to give payment providers visibility across the portfolio and give merchants a clear route to action." "ZeroRisk has moved from proving the product to deploying it at scale. This investment will allow us to expand the team, deepen the platform and support the payment providers that have chosen to build their next-generation of merchant cyber programmes with us." The company currently operates in Ireland and the United States, with offices in Dublin (Ireland), Atlanta (USA) and Longford (Ireland). Patrick Pinschmidt, Co-Managing Partner at MiddleGame Ventures, added: "The ZeroRisk team brings a unique combination of commercial and technical expertise, reinforced by working hand-in-hand with leading payment providers. As former operators in the space, they understand the fundamental pain points firsthand and have built technology that transforms a critical financial services workflow, making it more intuitive and seamless for payment providers and merchants alike. We're thrilled to be partnering with Gary and the team as they build the new standard for this critical function." Niall McEvoy, Head of Venture at Elkstone, said: "Elkstone first backed ZeroRisk at seed stage when Gary and the team presented their compelling vision on where the merchant cybersecurity and compliance space was heading. The commercial progress in a short period of time has been impressive, and this Series A funding round further validates investor confidence that ZeroRisk can deliver transformational change in the sector globally. We are pleased to deepen our support alongside new investor MiddleGame Ventures." Notes to Editor About ZeroRisk ZeroRisk provides merchant cybersecurity and compliance technology to the payments and financial services industry. Its platform is used by acquirers, processors, PayFacs and financial institutions to monitor risk across their merchant portfolios and help merchants take practical steps to protect their businesses. ZeroRisk was founded in Ireland in 2023 and serves customers in Europe and North America. Issued on behalf of ZeroRisk by Gordon MRM