Napier AI secures £45m from Crestline Investors to support business expansion.
Crestline Investors backs Napier AI with a £45m injection to fuel growth.
Napier AI provides compliance software that uses artificial intelligence to help financial institutions screen and monitor for criminal activity. The London-based firm serves banking, payments, and asset management clients globally.
Napier AI has secured £45m in funding from Crestline Investors to support its ongoing business expansion. The company provides artificial intelligence compliance technology designed to assist financial institutions with anti-money laundering and regulatory screening.
The capital injection follows a period of sustained revenue growth for the firm, which has expanded its top line by more than 30 percent annually since 2021. Crestline's investment will enable the business to further develop its screening platforms and extend its reach among financial services clients.
From the founder
"We are pleased to deliver strong, continuous growth in a challenging market. Financial crime compliance operations and regulatory pressure continue to be large overheads for financial institutions, so there is a need to invest in NextGen AI-enhanced solutions with the benefit of trusted technology and delivery"
Greg Watson
CEO at Napier AI
Investor perspective
"We are excited to work with the Napier AI team and believe their market-leading, AI-powered technology platform is well-positioned to help financial institutions and other regulated companies excel in an environment with rapidly expanding transaction volumes and increasing regulatory requirements"
Will Palmer
Managing Director, Crestline Investors
Use of funds
- 01Expand into international markets
- 02Continue product development
