1.5M Seed Round Closed for Sinpex
Sinpex successfully closed a €1.5m seed round. New investors are EquityPitcher Ventures and AI.Fund.
We are more than excited to announce that we closed our €1.5m seed round in December 2021. Investors include EquityPitcher Ventures, AI.Fund, and top executives from Helvetia Insurance Group and Goldman Sachs who have already been invested in our pre-seed round.
Sinpex is a SaaS platform, automating end-to-end mandatory compliance checks for banks and other financial services providers. Sinpex replaces manual processes by leveraging cutting edge Natural Language Processing. The benefits are faster compliance checks, less regulatory risk, and increased customer satisfaction. As of today, Sinpex customers’ are well known banks, audit-firms, and crypto traders. The additional funds will be used for expanding product development and sales.
Dr. Camillo Werdich and Jannik Metzner founded the company late 2019. Since then the company has established a strong partner network with companies like PwC, Deloitte, or Swisscom and aims to become the industry standard in digitized compliance. Dr. Camillo Werdich states: “We are more than happy to have found a perfect match between the new investors and Sinpex. I am very confident that we will build a flywheel in this enormous compliance market together.”
What’s new
Countdown AMLR 2027: What Operations and Risk Need to Decide Now
What the EU AML Regulation means from July 2027 for AML Officers, Risk and Operations. A Deloitte and Sinpex webinar with two real project examples.
EU AML Regulation (AMLR) 2027: what changes for KYB at banks and PSPs
The AMLR applies from 10 July 2027. What the EU AML Regulation changes for due diligence, beneficial owners, screening and records at banks and PSPs.
Ultimate beneficial owner (UBO) under the AMLR: how to identify beneficial owners from July 2027
From July 2027 the AMLR decides who counts as an ultimate beneficial owner. What the new definition means for banks, PSPs and their UBO files.
Sanctions screening and PEP screening under the AMLR: who must be screened, and how deep
Sanctions screening and PEP screening under the EU AMLR: who must be screened, when to screen again and what a PEP match requires from banks and PSPs.
