Sinpex has raised €10M in a Series A funding round to accelerate growth of its AI-powered KYB and KYC lifecycle management platform. The company focuses on automating business client onboarding and ongoing compliance as European regulation tightens.
The round was led by BlackFin Capital Partners, with continued backing from existing investors ACE Ventures and TX Ventures.
Preparing for upcoming EU AML regulation
Sinpex positions its platform to help financial institutions and regulated businesses prepare for the 2027 EU Anti-Money Laundering Regulation. Its software unifies the full customer and regulatory lifecycle, covering document collection, UBO identification, risk scoring, AML screening, identity verification, and continuous monitoring.
The platform delivers audit-ready reporting and supports compliance obligations under regulatory frameworks including AMLD5 and AMLD6, PSD2 and PSD3, and DAC7.
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Reducing manual compliance work with AI
By combining a cross-jurisdiction KYB data model with AI-based register and ownership analysis, Sinpex aims to reduce manual effort and improve consistency across compliance teams. The company says its approach helps organisations achieve reliable regulatory outcomes while maintaining faster onboarding and smoother client experiences.
The SaaS platform is designed for use by banks, payment service providers, e-commerce platforms, and other regulated entities managing complex business customer relationships.
Customers, recognition, and expansion plans
Sinpex counts financial institutions such as Otto Payments, Enpal’s EFS Deutschland, IKB, Bybit, Scayle Payments, and KfW among its customers. In late 2025, the company was recognised at the FF Awards in London, winning first place in the ID Verification and KYC category.
The new funding will be used to scale operations, deepen product development, and expand into additional European markets, including France and the Netherlands. Sinpex aims to position itself as a pan-European KYB automation provider as regulatory scrutiny continues to increase across the financial sector.
