JEGI LEONIS has advised Chargeback Gurus on their majority investment from Falfurrias Capital Partners.
Chargeback Gurus (CBG) is a global leader in providing chargeback prevention and recovery services for eCommerce and Card Not Present (CNP) businesses. CBG’s platform and services help businesses create a scalable, fully interactive, and trusted strategy to serve customers from start to finish through the dispute and recovery process. Utilizing proprietary tools, industry experience, and certified analysts, CBG empowers businesses with the right tools and knowledge to safeguard their hard-earned profits, working to effectively fight against fraud, prevent chargebacks, and recover lost revenue.
As part of the investment, Falfurrias Capital Partners (FCP) will leverage the fraud and payments industry expertise of Chris Lundquist, who founded LCI, and Tim Tynan, former CEO of Bank of America Merchant Services, both advisors serving on the Board. FCP partners Joe Price and Wilson Sullivan will also be Board members. Collectively, these professionals bring fraud management, payments, and banking industry expertise to CBG. With the support of the Board and FCP, CBG will be expanding industry verticals and geographies, as well as investing in technology, sales, and service enhancements.
