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Home FINTECH

British FinTech startup Navro raises €36 million for payments curation platform

EU Startupsby EU Startups
April 29, 2025
Reading Time: 2 mins read
in FINTECH, UK&IRELAND, VENTURE CAPITAL
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London-based Navro, a FinTech that simplifies international payments for businesses, announced today a raise of €36 million in Series B funding to accelerate global expansion plans and connect more local payout and collection services worldwide.

Jump Capital led the round with participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures.

Aran Brown, CEO of Navro, said: “Our vision is empowering businesses to transact like locals wherever they are. The Navro platform has been built from scratch to handle both the operational intensity and regulatory complexity surrounding large volumes of incoming and outgoing international transactions. The next round of expansion goes into and beyond the world’s financial hubs. We’re seeing increasing demand for fast, reliable cost-effective payouts on local rails in compliance-driven sectors such as global workforce and supplier payments, and pensions.“

Founded in 2022, Navro looks to simplify payments for international businesses by enabling them to access quality payment and banking infrastructure around the world, all through one contract and one API.

The platform reportedly reduces the cost, complexity and compliance burden of cross-border transactions, and is trusted by global platforms and institutions in sectors such as payroll, pensions, and workforce management to power real-time payments in over 200 countries and 140 currencies.

“With this new capital, we’re expanding our licensing footprint, integrating faster payment methods, and growing our support for customers in regulated industries,” added Brown. “We’ve spent the last three years building the foundation and now this round provides us the resources to move even faster as we scale into new markets.”

The funding goes against recent trends of diminishing FinTech investment in the UK which according to KPMG dropped to €8.6 billion in 2024, down 27% from €11.9 billion in 2023.

The fresh capital will power Navro’s growth strategy for 2025 and beyond, which includes extending operations into more US states, Dubai, Hong Kong and India.

In the coming months, the Navro payments curation platform will integrate 30+ digital wallets, more ACH corridors, and dozens of new real-time payment options.

The Navro platform supports cross-border collections, currency conversion, and global payouts while reducing working capital requirements by up to 70% – according to figures provided by Navro. Other benefits include lower costs, faster account reconciliation and a reduced administrative burden.

Following recent customer acquisitions, Navro is now processing workforce and supplier payments for hundreds of large corporations and more than 1,000 pension schemes.

“We’ve spent some time looking for a payments platform that truly understands the nuanced, technical, and regulatory challenges of global payouts,” shared Robert Hutchins, partner at Jump Capital. “Navro not only grasps this complexity, it’s building the infrastructure to solve it. Aran and the team bring a rare combination of deep market insight, executional rigor, and product clarity that we believe sets them apart in this space.”

Read the orginal article: https://www.eu-startups.com/2025/04/british-fintech-startup-navro-raises-e36-million-for-payments-curation-platform/

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