Napier AI is a UK-based regtech company that builds AI-powered anti-money laundering (AML) software for banks, payment providers, and other regulated financial firms. Founded in 2015 by Julian Dixon, a former banker who saw financial crime compliance teams struggling with manual, labor-intensive processes, the company is headquartered in London and now counts more than 150 financial institutions among its clients across banking, payments, wealth management, gaming, telecom, and insurance.
The platform, marketed under the name Continuum, combines transaction monitoring, sanctions and watchlist screening, and case management into a modular system that compliance teams can configure without heavy IT involvement. Napier's Insights AI layer applies machine learning to reduce false positives in alert queues, a persistent cost driver in AML operations, while keeping a full audit trail for regulators. In February 2024 the company raised £45 million in growth funding to expand its AI-based financial crime tooling into new markets, including a push into Northern Ireland with over 100 planned new jobs.
Napier suits mid-size to large regulated financial institutions, such as banks, payment processors, and gaming or insurance firms, that need to replace legacy rules-based AML systems rather than startups or individual compliance officers. Pricing is not published; prospective customers book a demo and receive a custom quote based on transaction volume and deployment scope, consistent with how most enterprise compliance software in this category is sold.
