Napier AI Receives Investment from Crestline Investors, Inc.
LONDON (February 21, 2024) – Napier AI, the London-based financial crime compliance RegTech, is pleased to announce that it has received a significant investment from Crestline Investors, Inc. (“Crestline”), a US based, credit-focused institutional alternative asset manager, to further accelerate its growth trajectory, highlighting the transformational time in the industry for know your customer (KYC) and anti-money laundering (AML) solutions.
Napier AI, headquartered in London, UK and founded in 2015, is a provider of AI-enhanced financial crime and regulation technology compliance software providing AML solutions across the banking, payments and wealth & asset management industries.
Napier AI’s solutions are used by customers to screen, monitor and identify, criminal or suspicious activities, with the added functionality of regulatory reporting. Without these solutions, customers may be exposed to greater financial, reputational, and regulatory risk, or large operational overheads.
Napier AI operates in a large industry with strong tailwinds driven by increasing regulatory and compliance requirements. Napier AI has historically driven strong topline growth without a traditional private equity sponsor or significant institutional capital. Since 2021, top-line revenue has grown at 30%+ year on year, as Napier AI has invested in its go-to-market organisation and bolstered its product line via dedicated R&D.
They've invested in Napier AI
Get to know these Regtech investors
Click here for a full list of 6,908+ startup investors in the UK