{"id":568145,"date":"2025-05-06T12:32:54","date_gmt":"2025-05-06T11:32:54","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=568145"},"modified":"2025-05-06T12:32:54","modified_gmt":"2025-05-06T11:32:54","slug":"cross-border-payments-fintech-navro-raises-41m-series-b","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/cross-border-payments-fintech-navro-raises-41m-series-b\/","title":{"rendered":"Cross-border payments FinTech Navro raises $41m Series B"},"content":{"rendered":"<p class=\"\" data-start=\"215\" data-end=\"565\"><a href=\"https:\/\/navro.com\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-555690 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/02\/Navro.jpg\" alt=\"Navro, Series B funding, IBANs, Gobal Payments, B2B Payments, International Payments, UK\" width=\"200\" height=\"200\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/02\/Navro.jpg 200w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/02\/Navro-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2024\/02\/Navro-100x100.jpg 100w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>Navro<\/a>, a London-based FinTech that simplifies international payments for businesses, has raised $41 million in Series B funding. The fresh injection will support Navro&#8217;s global expansion and extend its reach across local payout and collection services. Jump Capital led the funding round, which also included Bain Capital Ventures, Motive Partners, and Unusual Ventures.<\/p>\n<p class=\"\" data-start=\"567\" data-end=\"990\">The investment will accelerate Navro\u2019s expansion strategy through 2025 and beyond, with planned operations extending across more US states, Dubai, Hong Kong, and India. The company\u2019s unified payments curation platform\u2014offering access to <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/navro-launches-local-accounts-in-major-european-and-international-currencies\/\">local payment services<\/a> through a single API and contract\u2014will soon integrate over 30 digital wallets, additional ACH corridors, and dozens of new real-time payment methods.<\/p>\n<p data-start=\"567\" data-end=\"990\"><strong>Aran Brown, CEO of Navro<\/strong>, said, \u201cOur 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&#8217;s financial hubs. We&#8217;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.\u201d<\/p>\n<p class=\"\" data-start=\"992\" data-end=\"1367\">Navro\u2019s platform streamlines global collections, currency conversion, and payouts while helping businesses reduce working capital needs by up to 70%. Clients also benefit from lower costs, faster account reconciliation, and decreased administrative effort. The company now facilitates supplier and workforce payments for hundreds of corporates and over 1,000 pension schemes.<\/p>\n<p data-start=\"992\" data-end=\"1367\">\u201cWith this new capital, we are expanding our licensing footprint, integrating faster payment methods, and growing our support for customers in regulated industries,\u201d said Brown. \u201cWe have 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.\u201d<\/p>\n<p class=\"\" data-start=\"1369\" data-end=\"1591\">Currently, Navro enables local fund collections in 35 markets and supports holding, converting, and paying out in over 200 countries and 140 currencies\u2014more than half of which are processed in real time or on the same day.<\/p>\n<p class=\"\" data-start=\"1593\" data-end=\"1754\">This funding round strengthens Navro\u2019s position as a global payments leader, driving innovation in international financial infrastructure for modern enterprises.<\/p>\n","protected":false},"author":35737,"featured_media":555690,"parent":0,"template":"","categories":[42764,11384],"tags":[12622,35637,24344,11515,35351,45136,27294,16140,16654,43401,31638,43365,11406,31623],"class_list":["post-568145","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-digital-payments","category-payments","tag-b2b-payments","tag-cross-border-payouts","tag-currency-conversion","tag-fintech","tag-global-collections","tag-gobal-payments","tag-ibans","tag-international-payments","tag-jump-capital","tag-navro","tag-series-b-funding","tag-supplier-payments","tag-uk","tag-workforce-payments-platform"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cross-border payments FinTech Navro raises $41m Series B<\/title>\n<meta name=\"description\" content=\"Navro, a London-based FinTech that simplifies international payments for businesses, has raised $41 million in Series B funding\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/cross-border-payments-fintech-navro-raises-41m-series-b\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cross-border payments FinTech Navro raises $41m Series B\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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