UK companies dominated the European RegTech market with six of the top 10 deals in 2024

European RegTech market 2024

Key European RegTech investment stats in 2024:

  • European RegTech deal activity halved in 2024 YoY
  • UK dominated the European RegTech space completing six of the top 10 deals
  • Napier AI, a London-based RegTech specialising in AI-powered financial crime and compliance solutions, secured $56.9m funding from Crestline Investors, making it one of the largest European RegTech deal for the year

European RegTech deal activity halved in 2024 YoY

In 2024, the European RegTech sector recorded 111 deals, a sharp 53.9% decline from the 241 deals completed in 2020 and a 49.5% drop from the 220 deals recorded in 2023.

Total funding in 2024 amounted to $724m, marking a 33.8% decrease from the $1.1bn raised in 2020 and a significant 52.9% decline from the $1.5bn raised in 2023.

This contraction in both deal activity and funding highlights a challenging landscape for the European RegTech market, driven by economic uncertainty and cautious investment behaviour.

UK dominated the European RegTech space completing six of the top 10 deals

The distribution of top 10 deals in 2024 indicates a noticeable shift in regional influence.

The UK strengthened its leadership, securing six of the top 10 deals, a marked increase from just two deals in 2023.

France, which led with three deals in 2023, secured only one in 2024, signalling a reduction in its dominance.

New entrants, such as Denmark and Sweden, made their way into the top 10 in 2024, replacing The Netherlands, Lithuania, and the Czech Republic, which were prominent in 2023.

Germany maintained a consistent presence across both years, reflecting steady activity in the sector.

This evolution suggests a consolidation of influence in the UK, accompanied by diversification in emerging European markets.

Napier AI, a London-based RegTech specialising in AI-powered financial crime and compliance solutions, secured $56.9m funding from Crestline Investors, making it one of the largest European RegTech deal for the year

Known for its advanced anti-money laundering (AML) and know-your-customer (KYC) software, Napier AI’s platform, Napier Continuum, is trusted by over 150 institutions globally, transforming regulatory compliance into a strategic advantage.

This new funding will accelerate Napier AI’s growth, allowing the company to expand its innovative solutions in the financial sector and further its mission of driving down financial crime through cutting-edge technology.

Keep up with all the latest RegTech news here

Copyright © 2025 RegTech Analyst

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.