AI powered financial crime solutions company receives investment following corporate team’s advice

When the anti-money laundering platform Napier AI look to expand, they looked for expert legal advice to ensure they received the right kind of backing. The tech company, which is used by over 100 institutions worldwide, including HSBC, Starling Bank and WTW, provides financial crime risk management solutions to drive down financial crime. They got in touch with Tim Ward, Partner and Head of Corporate in Cheltenham, for advice and guidance throughout the process.

Tim and the Corporate team advised the managers of Napier AI on securing a majority growth investment from Marlin Equity Partners, a Los Angeles-based global investment firm with over $9bn in capital commitments. The investment from Marlin Equity Partners highlights the growing demand for AI solutions to anti-money laundering and financial crime detection spheres.

Following the deal, Tim Ward said: “Financial crime is something which requires constant vigilance and new solutions – something which AI can provide. Marlin Equity Partners are the perfect backer for Napier AI – I’m excited to see where Napier go next.”