Navro Raises £31m for Global Expansion
Deal News | Apr 29, 2025 | Business Cloud
Navro, a London-based FinTech company, has successfully raised £31 million in a Series B funding round led by Jump Capital. The round saw participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures. This investment is intended to accelerate Navro's reach into global markets, specifically targeting expansions into the US, Dubai, Hong Kong, and India. Navro's platform is designed to simplify international payments by integrating various digital wallets and payment options. CEO Aran Brown highlighted the aim of making transactions as seamless as local payments while addressing regulatory and operational challenges. Navro's platform currently serves large corporations and pension schemes, optimizing cross-border collections and reducing working capital demands. Robert Hutchins from Jump Capital expressed confidence in Navro’s ability to tackle the complexities of global payments, citing the company's market insight and execution capabilities as key differentiators.
Sectors
- FinTech
- Investment
Geography
- United Kingdom – Navro is based in London, making the UK a central point of the company's operations and recent funding round.
- United States – Navro's expansion plans include extending operations into additional states within the US.
- India – India is one of the target expansion markets for Navro's global growth strategy.
- United Arab Emirates – Navro plans to expand its operations into Dubai, a key financial hub in the UAE.
- Hong Kong – Navro's future operations plan includes expansion into Hong Kong, a major financial center in Asia.
Industry
- FinTech – The article discusses Navro, a FinTech company, and its operations in improving international payment systems and global transaction efficiencies.
- Investment – The article involves a Series B investment round in Navro, detailing funds raised and participating venture capital firms.
Financials
- £31 million – The amount raised by Navro in their Series B funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Navro | Target Company | Company | Navro is a London-based FinTech company focused on simplifying international payments for businesses. |
| Jump Capital | Lead Investor | Company | Jump Capital led the Series B funding round for Navro. |
| Bain Capital Ventures | Investor | Company | Bain Capital Ventures was one of the participants in Navro's funding round. |
| Motive Partners | Investor | Company | Motive Partners participated as an investor in the Series B funding round for Navro. |
| Unusual Ventures | Investor | Company | Unusual Ventures is one of the participating firms in Navro's latest funding round. |
| Aran Brown | CEO | Person | CEO of Navro, Aran Brown oversees the company's strategic direction and global expansion efforts. |
| Robert Hutchins | Partner | Person | Robert Hutchins is a partner at Jump Capital and provided commentary on the investment in Navro. |