Sinpex Raises €10 Million Series A to Expand AI-Powered KYB Platform Across Europe

In a strong vote of confidence for compliance automation in the regulatory era, Sinpex — an AI-driven compliance platform specialising in Know Your Business (KYB) and onboarding workflows — has successfully closed a €10 million Series A financing round to scale its platform across Europe. The funding was led by BlackFin Capital Partners, Europe’s largest financial services investor, with robust support from existing backers such as ACE Ventures and TX Ventures.

This investment comes at a pivotal moment for European financial and regulatory compliance — where evolving legislation such as the 2027 EU Anti-Money Laundering (AML) Regulation is prompting significant transformation in how companies manage corporate onboarding and risk management.

The fresh capital will fuel Sinpex’s growth ambitions, accelerate product innovation, reinforce its market positioning as a category leader in KYB/KYC lifecycle solutions, and support expansion into key international markets including France and the Netherlands.

Why KYB Automation Matters Today

Compliance technology — especially in Know Your Customer (KYC) and Know Your Business (KYB) processes — has traditionally suffered from manual, error-prone and slow procedures, creating operational bottlenecks for regulated firms. With stricter regulatory expectations and rapidly evolving AML frameworks, firms now face both heightened scrutiny and technological opportunity.

KYB compliance differs from KYC in scope and complexity. While KYC focuses on verifying individuals, KYB involves understanding complex corporate structures, ownership hierarchies and beneficial ownership information across jurisdictions — often requiring analysis of disparate and unstructured sources.

Sinpex’s platform is designed to automate the entire lifecycle of business onboarding and continuous compliance: from document acquisition and ultimate beneficial owner (UBO) identification to risk assessment, sanctions screening, identity verification (ID&V), and ongoing periodic review.

By integrating AI-driven register and ownership analysis with a flexible, multi-jurisdictional data model, Sinpex can produce fully audit-ready compliance reports, dramatically reducing manual workload and imprecision while strengthening regulatory robustness.

What the Funding Round Means for Sinpex’s Strategy

The €10 million Series A round achieves several strategic objectives for Sinpex:

1. Product Innovation and Technology Leadership

The capital will support deeper investment in AI and data engineering — enabling Sinpex to refine its platform’s capabilities in areas such as:

• Automated extraction of unstructured document data
• Cross-jurisdictional corporate registry integration
• Live risk profiling and continuous monitoring
• Audit-ready compliance output generation

These enhancements aim to further reduce the time and effort required for institution-wide onboarding workflows and ongoing compliance operations.

2. Expansion Across Europe

While Sinpex already serves clients in Central Europe, the funding will accelerate expansion into new European markets — notably France and the Netherlands — which are both experiencing increased regulatory demand and growing enterprise adoption of compliance automation.

BlackFin Capital’s expertise in supporting financial services infrastructure companies will play a key role in navigating local market dynamics and expanding Sinpex’s footprint.

3. Category-Defining Positioning in RegTech

With the infusion of capital, Sinpex is positioning itself as a pan-European leader in KYB automation — a market segment set to grow rapidly as regulatory frameworks such as EU AML 2027, AMLD5/6, PSD2/3 and DAC7 impose tighter documentation, transparency and reporting requirements.

What Sinpex Does: Behind the Platform

Sinpex is an all-in-one compliance platform for enterprise customers that unifies every stage of business client onboarding and ongoing KYB risk monitoring. Key platform capabilities include:

• Document Acquisition and Data Extraction: Gathering and extracting structured data from corporate documents, including registry extracts, shareholder lists, tax reports and more.
• Ultimate Beneficial Owner (UBO) Identification: Mapping complex ownership trees across jurisdictions to identify beneficial owners with high confidence.
• Risk Assessment & AML Screening: Automated screening against sanctions, Politically Exposed Persons (PEP) lists and adverse media, reducing manual risk checking.
• ID Validation & Verification (ID&V): Ensuring the identity components of corporate representatives are accurate and compliant.
• Ongoing Monitoring & Reporting: Providing tools for continuous updates and audit-ready compliance documentation for regulators.

This end-to-end approach is tailored to banks, payment service providers, fintech platforms, leasing and factoring companies, e-commerce marketplaces and asset managers — all of which need scalable compliance frameworks that can handle rapid onboarding volume and regulatory change.

Strong Backing From BlackFin and Existing Investors

The Series A round was led by BlackFin Capital Partners, a heavyweight in European financial services investment, known for backing technology firms that modernise compliance, transactions and market infrastructure.

BlackFin’s involvement signals confidence in both Sinpex’s technology and its market potential — particularly as regulatory complexity increases across European financial ecosystems. According to Romain Grimal, Investment Director at BlackFin, what made Sinpex stand out was the combination of sector expertise, product depth and execution capabilities needed to build a **pan-European, enterprise-grade regtech champion.

Existing investors ACE Ventures and TX Ventures also participated, reaffirming their belief in Sinpex’s long-term vision and ability to execute on a growing compliance opportunity.

Market Demand: Why KYB Is Rising in Priority

Under upcoming regulatory frameworks, such as the EU AML reforms set to fully apply in 2027, businesses across sectors will face stricter obligations for onboarding corporate clients and monitoring risk continuously. Traditional KYB processes, which often involve manual intervention, disjointed data sources and fragmented workflows, are increasingly inadequate in this environment.

Financial institutions are therefore seeking intelligent automation tools that can handle complex corporate data, provide audit-ready evidence, and scale without proportionally increasing compliance headcount. Automated KYB solutions like Sinpex help firms reduce costs, improve onboarding speed, and ensure regulatory consistency — all while maintaining detailed traceability for audits.

Customer Adoption and Industry Recognition

Sinpex has already attracted a diverse base of customers, including:

• Otto Payments
• EFS Deutschland (subsidiary of Enpal)
• IKB
• Bybit
• Scayle Payments
• KfW

In 2025, Sinpex also received industry recognition, winning first place in the “ID Verification & KYC” category at the FF Awards in London, an accolade reflecting its leadership in automated compliance technology.

Future Outlook: Scaling and Innovation

With the new funding, Sinpex has several growth levers ahead:

• Accelerating Go-to-Market Activities in additional European markets
• Recruiting Talent in AI, Compliance and Data Engineering to boost innovation
• Enhancing Integrations with Regulatory Data Sources for even more robust compliance coverage
• Exploring Adjacent RegTech Products that complement the core platform

As regulatory expectations rise and enterprises seek digital transformation across compliance functions, platforms like Sinpex are poised to play an important role in powering scalable, audit-ready risk workflows — turning compliance from a cost centre into a competitive advantage.

Conclusion

Sinpex’s €10 million Series A funding round marks a milestone for the KYB compliance technology space and reflects growing investor confidence in AI-driven regtech solutions. With strong backing from leading financial investors and a clear strategy to expand across Europe, Sinpex is well positioned to capitalise on surging demand for automated business onboarding, risk monitoring and regulatory reporting.

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