Napier AI Expands to Belfast, Creating Over 100 New Jobs in Fintech Sector

Napier AI Expands to Belfast with New Office and Job Creation

Napier AI, a London-based artificial intelligence company specializing in financial crime prevention, has announced the establishment of a new office in Belfast, Northern Ireland. The expansion is set to create 106 new jobs, marking a significant investment in the region's growing fintech sector 12.

Company Background and Expertise

Founded in 2015, Napier AI has built a reputation for providing cutting-edge AI and machine learning technologies to enhance financial crime compliance for banks and other financial institutions. The company's solutions are designed to detect and prevent criminal behavior, with a particular focus on anti-money laundering efforts 12.

Job Creation and Economic Impact

The new Belfast office, located at Pearl Assurance in the city centre, has already filled 25 of the 106 planned positions. The remaining roles are expected to be filled by 2027, offering a range of opportunities including software developers, business analysts, and programme managers 12.

Stormont Economy Minister Caoimhe Archibald welcomed the investment, highlighting its significance for the local economy:

"Napier's decision to establish a base in the north is a vote of confidence in our skilled workforce and thriving fintech ecosystem. This investment enhances the north's reputation as an emerging centre for AI-driven fintech innovation." 2

The new jobs are expected to have a substantial economic impact, with average salaries exceeding £46,000 2.

Strategic Location Choice

Belfast was chosen for Napier AI's new office after consideration of other potential locations, including Warsaw in Poland, and Porto and Lisbon in Portugal. The decision underscores Northern Ireland's growing attractiveness as a hub for technology and innovation 2.

Company Vision and Local Commitment

Greg Watson, Napier AI's Chief Executive, expressed enthusiasm about the expansion:

"The region's exceptional talent pool, world-class universities, and supportive business environment align perfectly with our mission to make the world safer through intelligent compliance solutions. This investment represents an exciting milestone for Napier AI, and we are committed to delivering long-term value for both the local economy and our global clients." 2

Government and Investment Support

The expansion has received support from Invest NI, Northern Ireland's economic development agency. Kieran Donoghue, Invest NI's Chief Executive, emphasized the alignment of this investment with their strategic goals:

"Attracting industry leaders like Napier AI is a key focus of our new business strategy which emphasises driving economic growth through high-value inward investment, innovation and the creation of quality jobs." 2

This expansion by Napier AI not only brings new job opportunities to Belfast but also reinforces Northern Ireland's position as an emerging center for AI and fintech innovation.