Napier AI has appointed Kenneth Paqvalén as its new chief financial officer, aiming to strengthen its financial crime compliance platform as it expands its international footprint.
The RegTech firm delivers anti-money laundering and financial crime compliance solutions to banks, payments companies and wealth management firms, supporting over 100 institutions globally through its platform, Napier AI Continuum.
Paqvalén arrives with more than two decades of experience, following the firm’s recent acquisition by Marlin Equity Partners. His track record includes building systems and processes to support scaling efforts, and he has previously led growth phases at several firms, including helping Matillion grow from a $150m valuation to $1.5bn during his tenure as CFO.
His career also includes roles at Nokia and MariaDB.
At Napier AI, Paqvalén plans to leverage existing infrastructure to support the firm’s continued global expansion, with a focus on maintaining the momentum of investment into its platform to meet rising demand.
Paqvalén will oversee expansion efforts in the US and Asia-Pacific, with plans to strengthen the company’s presence in these regions. He will also be responsible for growing the global team, hiring and training regional talent to support customers locally.
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’s acquisition by Marlin marks a significant chapter for the business, providing the firm with the backing of an investor that brings both capital and operational expertise. Marlin’s involvement is expected to support Napier AI’s plans to scale its platform further, continuing to invest in customer service and product development.
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.”
Read the daily FinTech news
Copyright © 2025 FinTech Global
Copyright © 2018 RegTech Analyst
