Casap (Series A)

Traction: Casap is already serving customers across the payments ecosystem, from major fintechs and established institutions like Chartway Credit Union to Banking-as-a-Service providers and sponsor banks.
Organizations Involved: Chartway Credit Union
Founders: Shanthi Shanmugam, Saisi Peter
Company Description: Casap provides an AI-powered disputes automation and fraud prevention platform. With built-in regulatory expertise and network integrations, the platform intelligently analyzes evidence, predicts outcomes, and automates key actions—such as issuing credits, filing chargebacks, and responding to merchants—while using its fraud score to identify suspicious consumers and merchants to proactively reduce disputes.
Market: Payments Ecosystem
Location: New York City, New York, USA
Coinvestors: Primary Venture Partners, Commerce Ventures, Curql, Alloy Labs, fintech founders and execs from Chime, Robinhood, Square, Current, Novo, Alloy