Sardine Closes $19.5 Million In Series A Funding From Andreessen Horowitz And Nyca As It Sets A New Standard In Fraud Prevention
Sardine Closes $19.5 Million In Series A Funding From Andreessen Horowitz And Nyca As It Sets A New Standard In Fraud Prevention
02/10/22, 2:07 PM
Location
san franciscoMoney raised
$19.5 million
Round Type
series a
Sardine, the fraud and compliance platform for fintechs, today announced $19.5 million in Series A funding from Andreessen Horowitz, NYCA, and Experian Ventures to enable companies to protect customers from financial fraud. Andreessen Horowitz General Partner Angela Strange joins XYZ’s Ross Fubini on the Sardine board of directors. Funding comes amid strong growth and company momentum. Since its launch last Spring, Sardine now powers over 50 customers, including some of the largest neobanks (Brex and Chipper Cash), fast growing crypto exchanges (FTX, Luno, and Bakkt), and global NFT and crypto platforms (Abra, Transak, MoonPay, and Candy Digital)
Company Info
Location
san francisco, california, united states
Additional Info
Sardine is a behavior-based fraud and compliance platform for digital wallets and neobanks. Our products are used by leading fintech, crypto, and NFT companies to prevent account opening, funding, and payments fraud. We can also provide full fraud guarantees when funds are acquired via ACH or card rails. Our team built the fraud prevention and compliance infrastructure that scaled both Coinbase and Revolut. Now, you can build on our platform to stop fraud and increase customer conversion.