Sardine Pulls In $51.5M Series B Round
SAN FRANCISCO, CA, As a leading provider of fraud, compliance, and instant settlement solutions, Sardine announced today $51.5 million in Series B financing.
As a leading provider of fraud, compliance, and instant settlement solutions, Sardine announced today $51.5M in Series B financing to accelerate product development as well as marketing and sales across the globe. Andreessen Horowitz's Growth Fund led the round with participation from new and existing investors, including XYZ, Nyca Partners, Sound Ventures, Activant Capital, Visa, Google Ventures, Eric Schmidt, Vikram Pandit, The General Partnership, NAventures, ING Ventures, ConsenSys, Cross River Digital Ventures, Alloy Labs, and Uniswap Labs Ventures.
Sardine is on a mission to make payments instant and risk-free so consumers and businesses can move money confidently. Fraud is a burden on society, as slow payments and high-fraud rates reduce business growth and create systemic risk for the economy. Sardine enables all companies, whether big or small, to improve risk management by having the world's best API for fraud detection and compliance within financial services. The company also offers instant settlement for crypto and NFT transactions.
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