Ripjar, a provider of smarter screening solutions for financial institutions and enterprises, has appointed Matt Mills as CEO.
The company supports banks and large organisations in transforming how they screen customers and counterparties, combining advanced technology with a more accurate and efficient approach to identifying risk. Ripjar’s platform is designed to help organisations meet increasingly complex regulatory requirements while improving decision-making across sanctions, politically exposed persons (PEPs) and other watchlists.
Founded in 2013 by former members of the UK Intelligence Services, Ripjar delivers enterprise-ready screening technology built on national-security-grade foundations and specialised, explainable AI.
Its data-agnostic approach simplifies integration across existing systems and enables organisations to maintain a dynamic, customer-specific view of regulatory and reputational risk. The company works with more than 200 organisations globally, including tier 1 banks and multinational corporates, achieving results such as a 99% reduction in data requiring manual review alongside a 5% increase in risk identified.
Matt Mills brings more than 15 years of experience scaling high-growth technology businesses across banking, payments, automation and security. Prior to joining Ripjar, he spent a decade at Featurespace as chief commercial officer and general manager, helping grow the company from 12 to more than 400 employees ahead of its acquisition by Visa in 2024. Earlier in his career, Mills led innovation, sales and partnerships at Aurasma, which was later acquired by HP, expanding the business to more than 10,000 commercial customers and partners.
The appointment comes as regulatory pressure continues to intensify across global markets. Illicit proceeds from criminal activity are estimated to represent between 2% and 5% of global GDP, yet less than 1% of funds linked to financial crime are seized or frozen, according to the World Economic Forum. In Europe, the rollout of the EU’s Anti-Money Laundering Authority is increasing expectations around screening accuracy and operational resilience, raising the stakes for organisations that fail to prevent financial crime.
Ripjar CEO Matt Mills said, “I have been an admirer of Ripjar and its important work across screening and intelligence for some time. Ripjar has consistently excelled at protecting countries, banks and corporate entities. Financial institutions and enterprises are the first line of defence against financial crime. Our screening technology empowers them to make smarter decisions that defend their businesses and disrupt the crime economy.”
Jason Melton, partner at Long Ridge, said, “Matt brings a powerful combination of deep domain expertise and a proven track record of leading and scaling innovative, high-growth businesses. Mills will accelerate Ripjar’s go-to-market strategy and global expansion to meet increasing market demand for smarter, more efficient customer screening solutions. We’re excited to welcome him onboard.”
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