VENDOR · APAC
National Bank of Canada leads $25M Series C extension in fraud/compliance AI vendor Sardine
Sardine, provider of AI risk platform for fraud, compliance, and credit underwriting, raised $25M Series C extension led by National Bank of Canada. Bank participation signals confidence in automation readiness.
WHY IT MATTERS
Tier-1 bank leading fintech funding round signals vendor technology is production-ready and ROI-proven. Sardine's valuation and bank co-investment will trigger competitive M&A; expect two competing fraud-AI platforms to IPO by 2027.
Source: Finextra · 2026-05-21