Digital anti-fraud solution Sardine completes $51.5 million Series B funding, led by a16z

2022-09-20 21:17:47

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According to Chain Catcher, The Block reported that the digital anti-fraud solution Sardine has completed a $51.5 million Series B funding round, led by a16z, with participation from Visa, ConsenSys, ING Ventures, Cross River Digital, Eric Schmidt, and Google Ventures.

Sardine's CEO and co-founder Soups Ranjan previously served as the head of risk at Coinbase and was the head of the crypto division at Revolut before founding Sardine in early 2020. According to Soups Ranjan, since its inception, the company has had over 135 clients, including FTX, Blockchain.com, and Brave.

Previously, Chain Catcher reported in February this year that Sardine completed a $19.5 million Series A funding round, led by a16z, with participation from XYZ, SweatEquity Ventures, 11.2 Capital, Village GlobalNYCA, Experian Ventures, and over 30 angel investors in the fintech and crypto sectors. (source link)

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