Sardine signs National Bank of Canada; $25M series-C extension led by bank
What happened
- Sardine announced a multi-year partnership with National Bank of Canada.
- Under the agreement, the bank will deploy Sardine's device intelligence and real-time risk scoring across retail, commercial, and wealth solutions.
- National Bank of Canada leads a $25M series-C extension round in Sardine, bringing total funding to $170 million.
- The selection followed a live evaluation in which Sardine improved fraud detection and reduced false positives, per Sardine's release.
Why it matters to Signicat
- A $25M round is below the €20M threshold in money terms but is a funding event with a bank strategic investor; the bank-led round is a competitive financing signal.
- Sardine is winning Tier-1-style Canadian bank business in device intelligence and risk scoring, a fraud-side scope that overlaps Signicat's document and risk offerings only partially.
Evidence from the source (6 quotes)
- “today announced a multi-year partnership with National Bank of Canada” source ↗
- “the bank will deploy Sardine's device intelligence and real-time risk scoring across its retail, commercial, and wealth solutions” source ↗
- “leading a $25M series-C extension round in the company, bringing Sardine's total funding to $170 million” source ↗
- “The decision follows a live evaluation where Sardine improved fraud detection and reduced false positives” source ↗
- “leading a $25M series-C extension round in the company” source ↗
- “Sardine is quickly growing in the financial services segment, winning new business and expanding its work with leading banks and wealth managers” source ↗
Fraud deepfake injectionOrchestration platformPartnershipFundingCustomer winGlobal
4 of 4 facts verified against the source · confidence high · claude-haiku-5-5