Sinpex, a Munich-based AI platform for KYB and KYC lifecycle management, has successfully closed a $11 million Series A funding round. The investment was led by BlackFin Capital Partners, a prominent European financial services investor, with continued support from existing backers ACE Ventures and TX Ventures. This capital injection will enhance the company's platform and accelerate its expansion ahead of stringent new EU anti-money laundering regulations set for 2027.
Addressing Evolving Regulatory Demands
The funding arrives at a critical time as financial institutions prepare for the 2027 EU Anti-Money Laundering (EU AML) Regulation. Sinpex's platform is designed to streamline compliance, helping businesses navigate the complexities of this and other frameworks like AMLD5/6 and PSD2/3. By automating key processes, the company empowers compliance teams to meet rising regulatory demands with greater efficiency and accuracy, ensuring they remain ahead of the curve.
Strategic Capital for European Growth
The new capital will be instrumental in cementing Sinpex's role as a leading KYB automation platform across Europe. A significant portion of the funds is allocated for strategic expansion into key international markets, with an initial focus on France and the Netherlands. This move reflects the company's ambition to build a pan-European presence and support a wider range of regulated industries facing increased scrutiny.
The Sinpex All-in-One Compliance Platform
Sinpex offers a comprehensive SaaS solution that unifies every stage of the business client onboarding and regulatory lifecycle. The platform leverages an extensible data model and AI-driven analysis to manage document acquisition, ultimate beneficial owner (UBO) identification, and risk assessments. This results in fully audit-ready reporting, significantly reducing manual workloads while enhancing the consistency and robustness of compliance outcomes for its clients.
Industry Recognition and Client Adoption
The platform's effectiveness is validated by its adoption among leading financial institutions, including Otto Payments, IKB, Bybit, and KfW. This strong client base demonstrates the market's confidence in Sinpex's ability to solve complex compliance challenges. Further underscoring its innovative approach, the company was recently awarded first place in the “ID Verification & KYC” category at the prestigious FF Awards in London.
Leadership Vision and Investor Confidence
Dr. Camillo Werdich, CEO and Founder of Sinpex, highlighted the transformative period financial institutions are facing with rising client expectations and regulatory pressures. He stated that the investment accelerates their mission to deliver intelligent automation, enabling clients to grow confidently while ensuring a seamless customer experience. This vision is shared by the firm's new lead investor, which is backing Sinpex to become a category champion.
Romain Grimal, Investment Director at BlackFin Capital Partners, expressed confidence in the Munich-based company's future. He noted the increasing regulatory scrutiny across all sectors and praised Sinpex for its unique combination of deep sector expertise, product depth, and strong execution skills. BlackFin is excited to support the team in building a dominant, enterprise-grade regtech platform for the entire European market.
This $11 million funding round marks a pivotal moment for Sinpex, positioning the company for significant growth and market leadership in the European RegTech space. With enhanced resources and strong investor backing, Sinpex is well-equipped to help businesses navigate the increasingly complex regulatory landscape. The investment not only validates the company's innovative approach but also signals a broader industry shift towards intelligent, automated solutions for KYB and AML compliance.