
First-Party Fraud Fight: Casap Raises $56M Series B
Fortune reports that Casap, a startup that helps banks and card companies handle disputes and chargebacks, has raised a $56 million Series B led by Base10 Partners. Synchrony and Experian joined as strategic investors, and total funding now stands at $90 million. The pitch is simple: fight the customers who dispute their own legitimate purchases.
If you sell online, that problem is yours too. Every chargeback costs you the sale, the product, and a fee, so first-party fraud hits margins directly. Smart sellers treat disputes as a growth metric, not an accounting afterthought.
What Casap…
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