Sinpex has closed a €10 million Series A funding round. Blackfin Capital Partners led the round, while existing investors ACE Ventures and TX Ventures increased their investments. The company plans to use the new funds to accelerate its growth and further solidify its position as the leading platform for automated KYB processes in Europe.
Founded in 2019, the Munich-based startup Sinpex is a provider of compliance and AML (anti-money laundering) solutions for the B2B sector. Their AI-powered SaaS solution supports companies in onboarding business customers, reduces the manual effort involved in collecting and verifying compliance-relevant data, and simultaneously increases the accuracy of legitimizing business relationships. The startup specifically addresses the requirements of the EU Anti-Money Laundering Regulation, which will come into effect in 2027. Customers include Otto Payments, EFS Germany, IKB, Bybit, Scayle Payments, and KfW.
Focus on expansion and regulation
Sinpex plans to use the funding to enter new EU markets such as France and the Netherlands. At the same time, the team is investing in expanding its technology and recruiting additional specialists.
“We are currently witnessing a profound shift in how financial institutions address rising customer expectations and increasing regulatory requirements surrounding AML, KYC, and KYB. This new capital allows us to consistently advance our mission: to provide intelligent automation that meets growing regulatory demands. We support payment service providers, e-commerce platforms, banks, and providers in leasing, factoring, and asset management, enabling them to grow securely and facilitate seamless business relationships. With these additional resources, we aim to accelerate our growth in our core markets, attract top talent, and further develop our technology so that our customers can meet regulatory requirements more easily than ever before and focus on their core business.”
says Camillo Werdich, CEO and founder of Sinpex.
Investors see pan-European potential
Investors are also drawn to the growing regulatory pressure in Europe. Blackfin Capital Partners contributes its expertise in the financial services sector. The FF Awards in London recognized Sinpex with first place in the "ID Verification & KYC" category in November 2025.
“We see the same need across all regulated industries in which we operate. This pressure will continue to increase in the coming years. We were looking for the right combination of industry expertise, product maturity, and implementation skills, and we found it in Sinpex. We look forward to supporting Camillo’s team in building the pan-European champion for enterprise regtech platforms.”
says Romain Grimal, Investment Director at Blackfin.
