VENDOR · US
National Bank of Canada leads $25M Series C extension in Sardine AI fraud platform
National Bank of Canada co-led a $25M Series C extension for Sardine, a fintech vendor that uses AI for fraud detection, compliance, and credit underwriting. The investment signals bank confidence in AI risk-automation tools.
WHY IT MATTERS
Major regulated bank deploying capital into vertical AI vendor; validates market demand for ML-powered KYC/AML automation and credit decisioning in North America.
Source: Finextra · 2026-05-21