Sinpex Positions Itself as a Key Player in KYB Compliance Tech

Sinpex, the Munich-based regtech company specialising in Know Your Business (KYB) automation, is staking its claim as Europe’s go-to platform for compliance lifecycle management. Founded in 2019 by Dr. Camillo Werdich and Jannik Metzner, the company has spent the past six years building an AI-driven SaaS product that replaces the manual, document-heavy work still common in corporate onboarding and anti-money laundering (AML) processes. With a fresh €10 million Series A round closed in January 2026, a client roster that includes major financial institutions, and a regulatory tailwind from the EU’s upcoming AML overhaul, the company is now positioned at the centre of a market that is rapidly growing in both urgency and value.

From Deloitte Consulting to a Compliance Startup

The origin story traces back to a consulting engagement. Werdich, who holds a PhD from the University of St. Gallen, previously worked as a KYC and compliance project lead at Deloitte, where he ran large-scale remediation programmes for banks. During that work, he built his own algorithm to automate roughly 60% of the document handling his team was doing by hand. The results were consistent enough to put him at the top of internal performance rankings.

Rather than stay in consulting, Werdich left Deloitte to pursue a doctorate and build the technology into a standalone product. What became Sinpex started as a thesis-stage experiment in compliance automation. In late 2019, he and Metzner launched the company in Munich. Today, Dr. Philipp Eska serves as CFO, and the team has grown to approximately 36 employees spread across Europe, operating primarily as a remote-first organisation. Deloitte, once Werdich’s employer, is now a key partner. The two firms have jointly published research on compliance readiness across Europe and co-authored a whitepaper on navigating the EU’s evolving AML framework.

How the Sinpex Platform Works

The core product is a cloud-based platform that unifies every stage of business client onboarding and ongoing regulatory compliance. In practice, that means automating the collection and verification of corporate documents, identifying ultimate beneficial owners (UBOs), running AML screening against sanctions and politically exposed person (PEP) lists, conducting risk assessments, and generating audit-ready reporting.

Where the company differentiates itself is in the complexity of the problem it targets. Individual KYC, the kind involving passport scans and facial recognition, was largely solved a decade ago. Corporate KYB is a different beast entirely. Onboarding a business client requires navigating commercial registries, shareholder lists, contracts, and ownership structures across multiple jurisdictions. Documents arrive in different languages, formats, and legal frameworks. Many are scanned, unstructured, or incomplete.

The platform uses natural language processing and machine learning to extract and analyse data from these heterogeneous document sets, pulling directly from primary sources such as national corporate registries. It supports configurable workflows, allowing compliance teams to tailor processes to their specific regulatory environment. According to Werdich, the average reduction in business onboarding time for clients using the platform is around 80%. For large marketplaces and payment platforms processing high volumes of merchant onboarding, that figure translates directly into faster time-to-revenue and lower operational costs.

Funding History and Investor Backing

Sinpex has raised more than €15 million across multiple rounds since its founding. An initial seed round of approximately $1.7 million closed in December 2021, backed by EquityPitcher Ventures, AI.Fund, and the Helvetia Venture Fund. In January 2024, the company raised €4 million in a round co-led by TX Ventures and ACE Ventures. That round was notable as the first investment from ACE Ventures’ Swiss Tech Outliers fund.

The most significant capital injection came in January 2026, when BlackFin Capital Partners led a €10 million Series A. BlackFin, which manages over €4 billion in assets and focuses exclusively on financial services, was joined by returning investors ACE Ventures and TX Ventures. Romain Grimal, Investment Director at BlackFin, cited the company’s combination of sector expertise, product depth, and execution capability as the rationale for the investment. The new capital is earmarked for product development, international expansion into France and the Netherlands, and hiring engineers and domain experts.

The Client Base and Industry Recognition

The platform already serves a range of well-known financial institutions and payment providers. Otto Payments, Scayle Payments, KfW, IKB, Raisin Bank, Bybit, and EFS Deutschland (a subsidiary of the German solar energy company Enpal) are among its clients. Strategic partnerships with PwC, Deloitte, ComplyAdvantage, and Fourthline further strengthen the company’s positioning in regulated markets.

Industry recognition has followed. In November 2025, Sinpex took first place in the ID Verification and KYC category at the FF Awards in London, a competition that highlights emerging innovators in financial services technology. The award placed the company alongside established players in a field where credibility and trust are essential to winning enterprise contracts.

Why the Timing Matters for Sinpex: Europe’s 2027 AML Regulation

Much of the current momentum is tied to regulation. The EU Anti-Money Laundering Package, set to take effect in 2027, represents one of the most significant overhauls of compliance requirements in recent European history. It introduces stricter transparency obligations for corporate ownership, expanded due diligence requirements, and a new centralised supervisory authority.

A joint survey conducted by the company and Deloitte found that many organisations remain underprepared. While 51% of respondents expressed openness to greater automation, that figure rose to 62% within financial institutions. Non-financial companies, meanwhile, lagged significantly in both awareness and planning. The findings underline a widening gap between the scale of upcoming obligations and the readiness of the organisations expected to meet them.

For a company whose entire product is built around automating KYB workflows and generating audit-proof documentation, this regulatory environment is close to ideal. The platform already supports compliance across frameworks including AMLD5/6, PSD2/3, DAC7, and the Supply Chain Transparency Act.

A Pan-European Ambition with Global Potential

Werdich has noted that Europe’s comparatively advanced regulatory environment gives European regtech companies a structural advantage. If a platform can meet the demands of European regulators, it is typically well positioned for other markets as well. The company’s current focus remains Central Europe, but it is actively expanding westward into France and the Netherlands. Plans for entry into the Nordics and the United States are also on the horizon.

Sinpex operates in a space where the cost of failure is existential. As Werdich has observed, a money-laundering scandal can inflict the same reputational damage on a bank as a crash does to an airline. For institutions navigating an increasingly complex and punitive regulatory landscape, the case for intelligent automation is becoming harder to ignore. Whether the company can convert that opportunity into a dominant market position will depend on execution, but with fresh capital, a proven product, and a regulatory tailwind, few European regtech startups are better placed to try.