From AI Insider · James Dargan · · 50s
Casap Closes $56M Series B for AI Financial Services
Casap secures $56M Series B funding to scale AI agents across financial services.
In brief
Casap secures $56M Series B funding to scale AI agents across financial services. Casap, an AI platform for financial services, closed a $56 million Series B round to expand its autonomous AI agents in fraud, collections, and claims. Originally reported by AI Insider.
Funding Round Details
Casap closed an oversubscribed $56 million Series B led by Base10 Partners with strategic participation from Experian and Synchrony.
AI Platform Functionality
The platform uses specialized AI agents that investigate, decide and act across financial institutions while keeping auditable records.
Performance Metrics
Casap reports a 51% reduction in first-party fraud losses and a 96% chargeback win rate, cutting dispute resolution times from 90 days to eight days.
The big picture
Casap, an AI platform for financial services, closed a $56 million Series B round to expand its autonomous AI agents in fraud, collections, and claims.
