Corgi Labs

Corgi Labs builds an explainable-AI fraud platform that also covers merchant risk monitoring and payment approval uplift. The company is based in San Francisco, United States, and was founded in 2022.

Products The set includes Explainable AI Fraud Detection, a Payment Authorization Booster, Chargeback Prevention and Merchant Risk Scoring. The company states that it was created by former Stripe antifraud engineers and aims to optimise the balance between fraud losses and false declines.

Clients Target customers are PSPs, PayFacs, e-commerce businesses and SaaS platforms. Merchant risk scoring is relevant mainly for payment facilitators that have to monitor sub-merchants rather than only individual transactions.

Coverage and pricing Stated geography is the United States and Europe, with global ambitions. The model is a SaaS subscription; rates are not listed and depend on the product modules and volumes.

Who it suits Payment providers and platforms that want to see why a transaction was approved or declined, and teams that need to cut false declines without opening the door to fraud.