Sinpex Secures €10 Million Series A to Scale AI-Powered KYB Automation Across Europe

Munich-based Sinpex raised €10 million in a Series A round led by BlackFin Capital Partners. The funds will strengthen its position as Europe’s category-defining platform for Know Your Business automation. Existing investors ACE Ventures and TX Ventures also participated in the round.

The company plans to use the capital to accelerate international growth and expand into key markets like France and the Netherlands. This move prepares businesses for the 2027 EU Anti-Money Laundering Regulation which introduces stricter compliance demands across the continent. Sinpex aims to become the go-to solution for unified regulatory lifecycle management.

At the heart of the platform is an AI-driven engine that automates complex document analysis and ultimate beneficial owner identification. By utilizing natural language processing, the SaaS solution extracts data from commercial registers and shareholder lists to create audit-ready reports. This significantly reduces manual labor while increasing consistency for compliance teams.

Financial institutions such as KfW, IKB, and Otto Payments already rely on Sinpex to manage their business client onboarding. The company was recently awarded first place in the ID Verification and KYC category at the FF Awards in London. This recognition underscores its role in shaping the future of automated financial services.

CEO and Founder Dr. Camillo Werdich stated that the investment allows the company to deliver intelligent automation that meets rising regulatory requirements. He noted that the team is ready to scale resources and bring in top talent to push their technology further. This strategy ensures clients can focus on their business while maintaining robust compliance standards.