Amsterdam-based AI fintech firm Conpend has announced a majority investment from Cape Investment Partners (CIP), a growth-focused investment firm also headquartered in Amsterdam. While financial terms remain undisclosed, the deal is set to fuel Conpend’s global expansion, accelerate product development, and deepen its presence in the banking and finance sector.
Founded in 2016, Conpend provides AI-powered automation tools for trade finance, loan processing, and compliance. Its flagship platform, TRADE AI, leverages proprietary technology to extract structured data from unstructured financial documents, streamlining regulatory checks and documentation workflows for over 35 institutions worldwide, including Commerzbank, ING, and UniCredit.
CIP will support CEO Marc Smith and his team with strategic guidance and operational scale to drive the next phase of AI-led transformation in financial services.
