Sardine Raises $19.5M in Series A Funding
- Sardine, a San Francisco, CA-based fraud and compliance platform for fintechs to protect customers from financial fraud, raised $19.5m in Series A funding
- Backers included Andreessen Horowitz, NYCA, and Experian Ventures
- Andreessen Horowitz General Partner Angela Strange joined company’s board of directors
- Funds will be used for continued growth, as well as to further product development and hiring in the coming months
- The company is a behavior-based fraud and compliance platform for digital wallets and neobanks
- Its products are used by fintech, crypto, and NFT companies to prevent account opening, funding, and payments fraud
- It can also provide full fraud guarantees when funds are acquired via ACH or card rails
