London-based fintech startup Navro is making headlines, as it has successfully raised €36 million in a Series B funding round, aiming to enhance its global payments curation platform. The investment round was led by Jump Capital, with significant contributions from Bain Capital Ventures, Motive Partners, and Unusual Ventures. 

What’s Navro All About?

Established in 2022, Navro offers a streamlined solution for businesses to manage international transactions, allowing businesses to focus on growth rather than getting bogged down by financial logistics. By providing access to a comprehensive payment and banking infrastructure through a single contract and API, the platform simplifies cross-border payments, reducing associated costs and compliance challenges. ​

CEO and Co-Founder Aran Brown emphasized the company's vision: "Our goal is to empower businesses to transact like locals wherever they are. We've built Navro from the ground up to handle the operational and regulatory challenges of international transactions."

Navro is on a mission to fix the headaches businesses face with cross-border payments. If you’ve ever dealt with slow transfers, hidden fees, or confusing currency exchange rates, you’ll understand why Navro’s solution is actually a game-changer. 

The company offers a modular payments platform that lets businesses customize their payment workflows, supporting everything from multi-currency accounts to real-time settlements.

Unlike traditional banking systems that take days (and eat up a chunk of money in fees), Navro’s tech-driven approach ensures businesses can move money globally with lower costs and fewer delays. Their platform is especially attractive to e-commerce companies, SaaS businesses, and freelancers who operate across borders.

Why This Funding Matters to Navro

With this €36 million boost, Navro plans to:

• Expand its operations, and licensing capabilities across Europe and beyond.
• Enhance its tech stack to integrate even smoother and faster payment experiences.
• Grow its team, bringing in top talent to accelerate innovation.
• Bolstering support for clients in regulated industries.

Plans are underway to extend operations into additional U.S. states, Dubai, Hong Kong, and India. In the coming months, the platform is set to integrate over 30 digital wallets, more ACH corridors, and numerous real-time payment options.​

Navro's growth trajectory is particularly noteworthy given the broader context of declining fintech investments in the UK, which saw a 27% drop to €8.6 billion in 2024 from €11.9 billion in 2023. ​

This fresh capital injection will accelerate Navro’s mission to simplify cross-border payments for businesses, making international transactions faster, cheaper, and more transparent.

Investors are clearly betting big on Navro’s potential to disrupt the $190 trillion cross-border payments market. Given how much businesses still struggle with international transactions, the timing couldn’t be better.

The Bigger Picture

Fintech startups like Navro are proving that the future of payments isn’t just about moving money, it’s about making the process smarter, faster, and more user-friendly. As digital businesses continue to grow globally, solutions like Navro’s will become essential.

If Navro keeps up this momentum, we might be looking at the next big name in fintech. For now, businesses tired of dealing with clunky payment systems should definitely keep an eye on them.

What do you think? Will Navro become a major player in cross-border payments?