Casap Secures $8.5M in Funding

Casap announced an $8.5M funding round led by Lightspeed to scale its AI-powered disputes automation and first-party fraud prevention platform for banks, credit unions, and fintechs. The release highlights the platform's automated dispute resolution, a proprietary “first-party fraud score,” integrations and regulatory expertise, customer outcomes (including a cited 29% immediate cost savings and faster resolution times), notable investors and fintech executive backers, and recognition such as the NACUSO 2024 award.