Navro, the London-based fintech, has secured $41 million in Series-B funding to accelerate its global expansion, connecting more local payout and collection services. Led by Jump Capital with participation from notable investors like Bain Capital Ventures, the funds will enhance operations into new territories like the US, Dubai, Hong Kong, and India. The company plans to integrate over 30 digital wallets and numerous real-time payment options. CEO Aran Brown highlights the platform's capability to address the complexities of international transactions, particularly in compliance-driven sectors. The funding will also bolster licensing and customer support in regulated industries.
Navro has raised $41m in Series-B funding to expand its international payments platform, connecting businesses with local payment services globally.
The funding will help Navro extend operations into new regions and integrate over 30 digital wallets and numerous real-time payment options.
CEO Aran Brown stated that Navro's platform is designed to handle the complexities of international transactions, meeting the increasing demand for local payouts.
With the new capital, Navro aims to enhance its licensing, faster payment methods, and support for regulated industries.
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