London-based FinTech company Navro, which offers international payment solutions for businesses, has secured $41m in a Series B funding round.
According to TechEU, the investment was led by Jump Capital, with additional participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures.
Navro specialises in streamlining the complexities of cross-border business transactions. Its platform enables features such as global collections, currency conversion, and international payouts, helping clients optimise cash flow, accelerate reconciliation processes, and reduce administrative overhead.
The company plans to use the fresh capital to drive its expansion into major international markets, specifically targeting the United States, Hong Kong, Dubai, and India. It also aims to enhance its payments curation capabilities by integrating more than 30 digital wallets, growing its Automated Clearing House (ACH) corridor coverage, and introducing additional real-time payment solutions.
According to recent industry figures, the UK continues to lead Europe in FinTech investment, attracting more capital than France, Germany, China, India, Brazil, and Canada combined.
Jump Capital partner Robert Hutchins expressed strong confidence in Navro’s direction. “We’ve spent some time looking for a payments platform that truly understands the nuanced, technical, and regulatory challenges of global payouts. 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.”
There was no previous investment information included in the announcement.
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