Napier AI Secures £45M to Fuel Growth in Financial Crime Compliance Software
Napier AI provides AI-enhanced financial crime and regulation technology compliance software, offering AML solutions for the banking, payments, and wealth & asset management industries
Company Name: Napier AI
Location: London, UK
Sector: Financial Crime Compliance Software
Funding Details: Raised £45M in funding from Crestline Investors.
Purpose of Investment: To accelerate Napier AI's growth trajectory.
Leadership: Led by CEO Greg Watson.
Product: Napier AI provides AI-enhanced financial crime and regulation technology compliance software, offering AML solutions for the banking, payments, and wealth & asset management industries. Its solutions help customers screen, monitor, and identify criminal or suspicious activities, including regulatory reporting capabilities.
About: Napier AI is a provider of financial crime compliance software, leveraging AI technology to offer advanced Anti-Money Laundering (AML) solutions. Serving a broad spectrum of clients within the banking, payments, and wealth & asset management sectors, Napier AI's platform is designed to enhance the efficiency and effectiveness of compliance operations. By integrating AI into the core of its solutions, the company enables its customers to more accurately screen, monitor, and report on suspicious activities, thereby helping to safeguard the financial system against criminal behaviors.