National Bank of Canada has taken part in a $31.5m series B round for Sensibill, a mobile banking technology producer already backed by OpenText.

Canada-based fintech developer Sensibill received $31.5m in series B capital yesterday from investors including financial services firm National Bank of Canada.

Venture fund Radical Ventures led the round, which also featured Information Venture Partners, First Ascent Ventures and a range of undisclosed backers.

Sensibill has developed a receipt management tool for mobile banking apps that exploits artificial intelligence to offer functionality such as notifying the user when warranties are about to expire.

The company has partnered more than 30 banks…

Thierry Heles

Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.