Sinpex's Cloud-Based Aml Software Attracts €4M Investment

Jan 11, 2024•almost 2 years ago

Amount Raised

€4 Million

Round Type

seed

MunichSoftware Development

Investors

Goldman Sachs Partner Serge MarquieFormer Helvetia Ceo Stefan LoackerRaisin Founder Michael StephanAi FundEquity PitcherCTx Ventures

Description

Today business compliance and anti-money laundering (AML) solution provider Sinpex closed an oversubscribed financing round of €4 million

Company Information

Company

Sinpex

Location

Munich, Bavaria, Germany

About

Sinpex offers cutting-edge NLP technologies embedded in a web application that is offered as a cloud or on-premise solution for our customers. We help financial institutions and top management consulting firms to manage regulatory and mandated compliance processes, with a strong focus on KYC processes. We automate unpleasant manual compliance and KYC processes to increase efficiency while reducing risk. With our application, our customers are able to onboard their customers faster, with lower costs, risks and manual efforts.

Related People

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Funding Insights

Based on industry data

VC-backed spending patterns