Navro, a London-based fintech startup building a global payments curation platform, has raised £30 million in Series B funding to support international expansion and scale its services for compliance-driven sectors. The round was led by Jump Capital with participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures.
Founded in 2022, Navro enables international businesses to simplify cross-border transactions through a single API and contract. Its platform provides local collection and payout capabilities, currency conversion, and compliance infrastructure in over 200 countries and 140 currencies. It is used by platforms and institutions in payroll, pensions, and supplier payments to reduce cost, improve speed, and simplify operations.
The company says the funding will be used to expand licensing, integrate new real-time payment options, and broaden support for regulated industries. Navro also plans to extend its operations to the US, Dubai, Hong Kong, and India, while adding support for over 30 digital wallets and additional ACH corridors.
Navro claims its platform can reduce working capital requirements by up to 70%, speed up account reconciliation, and reduce the administrative burden for large enterprises. The company is already processing supplier and workforce payments for hundreds of large organisations and more than 1,000 pension schemes.
