ZeroRisk Just Secured $10M—But What This Irish Payments Security Firm Is Planning Next Could Change Everything
Ever wonder what happens when a scrappy Irish startup with a bold idea crashes into the gritty world of payment security? Meet ZeroRisk—the cybersecurity game-changer that’s just snagged a cool $10 million in Series A funding. Born in 2023, this clever crew isn’t your typical cybersecurity firm; they’re the lifeline for payment processors and retailers drowning in a sea of scams, hacks, and relentless cyber threats. Imagine bundling risk monitoring, compliance, education, and remediation all into one powerful platform—that’s exactly what ZeroRisk has nailed. Led by MiddleGame Ventures with Elkstone doubling down, this investment isn’t just a jackpot; it’s the fuel to blaze trails globally, sharpen their tech edge, and ramp up their capacity to tackle sprawling merchant portfolios. Oh, and their client list? Think Bank of America, Global Payments, Checkout.com, and Trust Payments—it’s a who’s who of payment processing heavyweights. The real kicker? ZeroRisk is set to triple its revenue in 2026 as it scales up—talk about turning promise into profit! Ready to dive deeper into how they’re reshaping the cybersecurity landscape for payment providers? LEARN MORE
ZeroRisk, the Irish cybersecurity company for payment providers, has raised $10m in Series A funding.
Founded in 2023, ZeroRisk services the cybersecurity needs of both payment processors and retailers, helping them to manage and reduce risk across their merchant portfolios.
The company brings together risk monitoring, compliance, education, guided remediation and protection services in one platform.
The fundraising round was led by MiddleGame Ventures with participation from existing investor Elkstone.
The investment will support ZeroRisk’s expansion globally, further product development and increase the operational capacity needed to deploy the platform across large merchant portfolios.
The firm’s major clients include Bank of America, Global Payments, Checkout.com and Trust Payments.
Patrick Pinschmidt, 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.
“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.”
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.”
ZeroRisk expects to grow revenue three-fold in 2026 as contracted programmes move into deployment and its international customer base grows.
The company currently operates in Ireland and the US, with offices in Dublin, Atlanta and Longford. It previously raised $4m in late 2024.
“Payment companies have spent years trying to manage merchant risk through annual compliance exercises. That is no longer enough,” said Gary Nolan, co-founder and CEO of ZeroRisk.

“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.”
Photo: Gary Nolan (centre), CEO and co-founder of ZeroRisk with Patrick Pinschmidt (left) of MiddleGam Ventures and Niall McEvoy (right). (Pic: Supplied)




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