TX Ventures today announced an increased investment in Sinpex as part of the company’s €10 million Series A, led by BlackFin Capital Partners, with participation from existing investor ACE Ventures.

Sinpex is building an AI-powered platform for Know Your Business (KYB) and KYC lifecycle management, enabling regulated companies to move from manual, fragmented workflows to audit-ready, scalable compliance. The platform supports end-to-end business onboarding and ongoing KYB operations, including document acquisition, UBO identification, risk assessment, AML screening, identity verification, and periodic reviews. It is designed to help financial institutions prepare for the EU AML Regulation expected to come into force in 2027.

“KYB is no longer a standalone compliance requirement, it is becoming core infrastructure for regulated businesses across Europe,” said Jens Schleuniger, Managing Parter at TX Ventures. “Sinpex combines deep regulatory expertise with an extensible, cross-jurisdictional KYB data model and AI-driven ownership and registry analysis. This foundation, together with strong enterprise adoption, positions Sinpex to define the category for enterprise-grade KYB automation.”

The new capital will be used to accelerate Sinpex’s growth and European expansion, with a focus on key international markets such as France and the Netherlands, while further strengthening its leadership in enterprise-grade regtech.

TX Ventures first backed Sinpex in 2024 and has continued to support the company as KYB and AML requirements intensify across Europe. Today, Sinpex is trusted by financial institutions including Otto Payments, EFS Deutschland (Enpal), IKB, Bybit, Scayle Payments, and KfW, and was recognized at the 2025 FF Awards in London in the “ID Verification & KYC” category.