Digital Fraud Prevention Solution Sardine Closed $19.5 Million Series A Funding Round Led by a16z

TokenInsight news, Sardine, a digital fraud prevention solution, closed a $19.5 million Series A round led by a16z, with participation from XYZ, SweatEquity Ventures, 11.2 Capital and others. Sardine is aims to remove the delays and risks associated with the movement of money between traditional banks and cards into crypto and digital wallets. Sardine developed a behavior-based fraud and compliance platform. At its core is a fraud engine, which analyzes users’ identity, device, and behavior signals to risk-score transactions in real-time. This helps to stop fraud at the time of new customer onboarding, account funding, and during payments in and out of digital wallet. Previously, Sardine closed a $4.6 million seed funding round in March 2021, led by XYZ Ventures.
Source

Fund Raising

Related News
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Latest News More More
12 Hours Ago 0xbow unveils ‘Privacy Pools,’ a new blockchain privacy tool drawing from Vitalik Buterin’s research
5 Days Ago Ethereum edges closer to deploying Pectra on mainnet with successful upgrade on Hoodi testnet
5 Days Ago MEXC Extends DEX+ Platform to Binance Smart Chain Users
March 25 Binance suspends employee for allegedly profiting off of insider information
March 25 BlackRock launches bitcoin ETP in Europe following US success
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open