Sinpex, an AI-driven platform for Know Your Business (KYB) and Know Your Customer (KYC) lifecycle management, recently secured EUR 10 million in Series A funding. This investment is led by BlackFin Capital Partners with additional support from existing investors like ACE Ventures and TX Ventures.

Sinpex aims to streamline the business client onboarding process and ongoing KYB compliance, helping companies comply with upcoming EU Anti-Money Laundering (EU AML) Regulation requirements by 2027. The new capital will fuel Sinpex’s expansion across Europe while also aiding its international growth in France and the Netherlands.

Dr. Camillo Werdich, CEO and Founder of Sinpex, stated that this funding will help accelerate the company’s mission to provide intelligent automation solutions for rising regulatory demands, benefiting payment service providers, e-commerce platforms, banks, leasing companies, factoring firms, and asset managers.

With enhanced resources, Sinpex is set to grow in its core markets, expand its team, and advance its technology. This will enable clients to meet regulatory requirements more efficiently while focusing on their business operations.

What does Sinpex Offer?

Sinpex presents a comprehensive SaaS solution that unifies all stages of the customer and regulatory lifecycle. The platform optimizes digital business client onboarding, encompassing document acquisition, Ultimate Beneficial Owner (UBO) identification, risk assessment, AML screening, identity verification (ID&V), and continuous reviews.

By integrating an adaptable KYB data model across various jurisdictions with AI-powered registry and ownership analysis, Sinpex ensures audit-ready reporting and optimal compliance outcomes. This allows compliance teams to reduce manual work, enhance consistency, and strengthen regulatory compliance under the 2027 EU AML Regulation and frameworks such as AMLD5/6, PSD2/3, and DAC7.