We are very pleased to participate in Sinpex €1.5M seed round. Sinpex´ AI solution automates end-to-end compliance checks for banks and other financial services providers.
Sinpex replaces manual processes by using state-of-the-art natural language processing. The benefits are faster compliance checks, reduced regulatory risk, lower costs, and higher customer satisfaction. Sinpex’s current customers include well-known banks, audit firms and crypto traders. Sinpex has already built a strong partner network with companies such as PwC, Deloitte and Swisscom and aims to become the industry standard for digitized compliance.
The investment was done through AI Invest GmbH and will be transferred to the AI Fund after the first closing of the fund.