Merchant risk and compliance management software developer ZeroRisk has raised $4m (€3.8m) from investors including Elkstone.
Founded in 2023, the Dublin-based start-up plans to use the funding to expand its presence in the US, where it currently serves a number of Tier 1 acquiring banks.
ZeroRisk’s technology is intended to streamline payment card industry compliance and provide real-time data insights to acquiring banks, payment service providers, digital sellers, and other financial institutions to manage complex portfolios.
The Merchant Management platform allows users to manage all aspects of merchant risk and compliance such as the Payment Card Industry Data Security Standard and the NIST Cyber Security Framework.
By leveraging vast amounts of data, the platform provides real-time analytics, dynamic risk scoring, and actionable insights, in turn helping organisations to identify vulnerabilities and surface cyber risks before they become critical issues.
The platform also integrates automated compliance workflows and a curated solutions marketplace, allowing users to proactively enhance performance, and improve decision-making.
“ZeroRisk’s…
