Napier AI boosts global expansion with new CFO

July 2, 2025

Napier AI has named Kenneth Paqvalén as its chief financial officer to support global growth and the expansion of its AI-powered anti-money laundering platform.

The RegTech firm, which serves over 100 institutions worldwide, helps banks and wealth managers fight financial crime through its Napier AI Continuum platform. The company aims to turn compliance into a competitive advantage for clients.

Paqvalén joins after Napier AI’s acquisition by Marlin Equity Partners, bringing decades of experience, including roles at Nokia, MariaDB and Matillion. He helped scale Matillion from $150m to $1.5bn.

At Napier AI, Paqvalén will focus on building financial systems to support expansion in the US and APAC, investing in the platform to meet growing demand, and hiring local talent to support customers on the ground.

Napier AI chief financial officer Kenneth Paqvalén said, “What drew me to Napier AI was the opportunity to contribute to something that has real ethical weight. Financial crime is a complex and ever-evolving challenge and being able to play even a small part in tackling it feels genuinely meaningful. It’s an exciting time to be joining the company and I’m very much looking forward to what’s ahead.

“For companies like Napier AI, while the sophistication of criminals in their use of AI continues to become more innovative, this rapidly evolving issue provides huge opportunity for businesses to address demand and make significant strides to preventing financial crime.”

Napier AI CEO Greg Watson said, “We are thrilled to welcome Kenneth on board as our new CFO at such a pivotal moment in Napier’s journey. His expertise will be key as we continue to scale operations, strengthen our financial foundations and continue investing in the evolution of our platform.

“With global expansion already underway, his leadership will ensure we continue to grow in a sustainable and strategic way and his deep financial acumen will undoubtedly make him an invaluable addition to our leadership team as we navigate this next stage of growth.”

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