We are very pleased to welcome Sinpex, a successful RegTech-company, to our portfolio. Sinpex's vision is to revolutionize mandatory and recurring business processes in a One-Stop-Shop.
Who is Sinpex?
Sinpex is a SaaS platform End-to-End-Compliance-Checks, such as KnowYourCustomer (KYC) processes, for banks and other financial services providers. Sinpex leverages the latest advances in Ai and Natural Language Processing (NLP). KYC is a mandatory process for banks to obtain information about their customers to prevent money loundring and terrorism financing. The benefits of Sinpex include faster compliance checks, lower regulatory risk, and higher customer satisfaction. Sinpex's customers today include well-known banks, accounting firms and crypto traders.
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. Sinpex 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.“
We are looking forward to supporting the strong team around the two founders Camillo and Jannik in their further development.