Funding
Funding not disclosed
Founders
Product
Problem
Manual Know Your Customer (KYC) and Know Your Business (KYB) processes are time-consuming and prone to errors, leading to delayed onboarding and potential compliance gaps. Businesses struggle to efficiently extract accurate data from diverse primary sources and maintain audit-ready documentation in line with evolving Anti-Money Laundering (AML) regulations.
Solution
Sinpex offers an AI-driven SaaS platform designed to automate and streamline KYC/KYB compliance. The solution directly extracts data from primary sources, significantly reducing manual effort and accelerating onboarding timelines. It provides a centralized system for managing compliance workflows, ensuring data accuracy, and generating audit-ready documentation. By leveraging advanced AI, Sinpex enables businesses to mitigate risks, enhance efficiency, and maintain continuous AML compliance.
Target Audience
The primary target audience includes financial institutions, fintech companies, payment providers, and other regulated businesses that require robust and efficient KYC/KYB and AML compliance solutions.
Features
- AI-powered data extraction from official company registries and shareholder documents.
- Automated Ultimate Beneficial Owner (UBO) identification and visualization of complex ownership structures.
- Customizable self-declaration pages for seamless customer data collection.
- Integrated AML screening against sanctions lists, Politically Exposed Persons (PEP), and adverse media.
- Real-time monitoring of company registry changes and risk factors for continuous compliance.
- Automated generation of audit-conform reports and client lifecycle documentation.
- API and webhook capabilities for integration with existing business systems.
- Secure, EU-compliant cloud storage with end-to-end encryption and role-based access controls.