Navro
Navro is a UK-headquartered payments curation platform that helps large businesses move money globally by selecting the optimal payment rail, currency, and compliance model per transaction, serving payroll/EOR providers, pension administrators, and enterprise clients across 200+ territories.
- Company typePrivate
- Founded2022
- HeadquartersLondon, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Navro does
Navro is a UK-headquartered payments curation platform that helps large businesses move money globally by selecting the optimal combination of payment rail, currency, and compliance model for each transaction through a single unified platform covering 200+ territories, 140+ currencies, and 80+ same-day markets. Founded in 2021 as Paytrix and rebranded to Navro in February 2024, the company operates three wholly-owned regulated subsidiaries: Navro Payments Limited (FCA-authorized e-money institution, UK), Navro Payments Europe Ltd (Central Bank of Ireland-authorized, EEA), and Navro Payments USA LLC (FinCEN-registered and money transmitter licensed in Delaware, Florida, and Washington DC). The platform is delivered via API-first architecture and organized into four vertical solutions: Navro Workforce (global payroll payments including statutory and tax), Navro Life (cross-border pension payouts across 170+ countries and 130 currencies), Navro Digital (curated global payments for digital and enterprise businesses), and Navro Capital (global fund flows), plus a multi-currency Navro Wallet for storing Electronic Money and executing FX.
The company monetizes primarily through FX transaction margins (purchasing currencies wholesale and earning the spread), per-payment transaction fees, electronic money issuance and administration charges, and bespoke enterprise pricing based on volume, currency mix, and service requirements. Go-to-market combines direct enterprise field sales with channel partnerships through EOR/payroll platforms such as Strada ($1.4 trillion in annual payroll volume) and Multiplier ($2-4.5 billion in annual cross-border wages), which embed Navro's payment execution into their own offerings. Navro serves workforce/payroll providers, life and pension administrators, digital and enterprise companies, capital/fund managers, and large B2B corporates across primary segments in the UK, EU, US, and announced expansion into the Middle East (Dubai), Hong Kong, and India.
Navro has raised over $79 million in disclosed funding across six rounds, including a $41 million Series B in April 2025 led by Jump Capital with participation from Bain Capital Ventures, Motive Partners, and Unusual Ventures, and now holds ISO 27001:2022, SOC 2 Type I, and is in SOC 2 Type II observation. Recent strategic priorities include the launch of a world-first Statutory & Tax service (January 2026), expansion of the real-time payout network to 61 countries, and deepening its footprint in payroll and EOR distribution channels.
Navro firmographics
Firmographics- Name
- Navro
- Legal name
- Navro Group Limited
- Website
- https://navro.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Navro is a UK-headquartered payments curation platform that helps large businesses move money globally by selecting the optimal payment rail, currency, and compliance model per transaction, serving payroll/EOR providers, pension administrators, and enterprise clients across 200+ territories.
- Ownership category
- akta.pro rank
Navro industry classification
Industry- Product category
- Cross-Border Payments Platform
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Real-Time Payments (RTP) Processing & Clearing (FSAMAHAC)
- akta.pro secondary industries
- Multi-Currency Accounts, Wallets & FX Management (Consumer/SME) (FSAGAKAF), Recurring Payments & Variable Recurring Payments (VRP) Enablement (FSAGACAJ), ACH & Batch Payments Clearing (FSABAJAH)
Keywords
Where Navro is headquartered
LocationHeadquarters
- HQ city
- London
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Navro business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure, Supply Chain
Revenue model
- Foreign Exchange Transaction Margins: Navro earns revenue through FX transaction margins, purchasing currencies from wholesale providers at better rates than those offered to clients, generating profit on the spread.
- Payment Transaction Fees: Charges per Payment Transaction as disclosed in the Pricing Form and Terms of Service, deducted from payments or invoiced monthly.
- Electronic Money Services: Revenue from issuing, storing, and redeeming Electronic Money through the Navro Wallet platform, with associated administration and processing charges.
- Administration Charges: Additional charges for specific administrative actions such as withdrawal of payment orders, as specified in the Pricing Form.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Monthly | Custom Enterprise Pricing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels3 records
Navro product offering
Product offeringCore offering
Navro is a payments curation platform that helps large businesses move money globally by selecting the optimal payment rail, currency, and compliance model for each transaction through a single unified system. The platform aggregates banks, local payment schemes, and digital wallets to execute cross-border payments across 200+ territories, 140+ currencies, and 80+ same-day markets, with capabilities spanning payroll, pensions, enterprise, and capital transfer use cases. It is delivered via direct enterprise sales and API integration, with embedded distribution through payroll and EOR platforms.
Product overview
Navro is a payments curation platform that helps large businesses move money globally using the right rail, currency, and compliance model through one unified system. The platform operates across 200+ territories, 140+ currencies, and 80+ same-day markets. Navro's product portfolio consists of four core solutions: Navro Workforce (global payroll that pays statutory and tax obligations across 95 countries), Navro Life (global pension payouts across 170+ countries and 130 currencies), Navro Digital (curated global payments for digital and enterprise), and Navro Capital (global fund flows). The platform includes a Navro Wallet for multi-currency storage and the Statutory & Tax add-on module that integrates statutory payments and tax deductions into payroll processing. The architecture centers on payments curation—selecting the optimal payment rail, currency, and compliance model for each transaction rather than forcing customers to stitch together multiple banks and wallets.
Differentiator
Problem solved
Functional benefit
Brands
- Navro Life: Global pensions, local certainty - pension payout services across 170+ countries
- Navro Workforce
- Navro Digital
- Navro Capital
Products and services
- Navro Workforce Global payroll payment solution enabling payroll service providers and Employer of Record platforms to disburse workforce payouts including salaries, statutory, and tax obligations across multiple countries through one provider.
- Navro Life Global pensions solution supporting pension payouts across 170+ countries and 130+ currencies, enabling pension service providers and administrators to manage cross-border payouts with local compliance and full visibility.
- Navro Digital Curated global payments solution for digital and enterprise businesses, providing access to optimal payment rails, currencies, and compliance models for cross-border vendor payments, marketplace disbursements, and B2B transactions.
- Navro Capital Global fund flows solution providing precise cross-border transfer capabilities for investment distributions, capital repatriation, and international fund management with optimal routing and jurisdictional compliance.
- Navro Wallet Multi-currency Electronic Money wallet that lets businesses hold balances in different currencies and execute FX transactions and payment transactions through the Navro Hub interface; issued by Navro Payments Limited and Navro Payments Europe Ltd under their e-money authorizations.
- Statutory & Tax Service Add-on service that integrates statutory payments, tax deductions, and payroll processing into a single compliant flow across 95 countries, targeting payroll service providers, pension service providers, and Employer of Record platforms.
Quantifiable outcome
- Enabled Multiplier to process $2 billion in cross-border wages annually with expected growth to $4.5 billion
- +2 more outcomes
Companies that use Navro
Customer profileNamed customers2 records
Segments5 records
Ideal customer profiles4 records
Navro technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
Feature5 records
Navro partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered flagship.
- StradaflagshipStrategic partnership integrating Navro's payments execution directly into Strada's global payroll platform. Enables organizations to complete full payroll process from calculation and compliance through to confirmed payment of salaries and taxes within a single unified system across 95 countries. Strada processes $1.4 trillion in annual payroll for more than 11 million employees globally.
- MultiplierflagshipMultiplier launched Global Payroll Payments powered by Navro, completing its Global Exchange for Work infrastructure for cross-border employment and payroll management. The partnership covers 160+ countries with wholesale FX rates and compliance rails. Multiplier processes $2 billion in cross-border wages annually with expected growth to $4.5 billion by year-end.
Scale indicators13 records
Recent moves7 records
Expansion highlights6 records
Navro competitors and assessment
Company assessmentEmerging players
- Deel: Deel is a global Employer of Record and payroll platform that processes contractor and employee payments across 150+ countries. Deel overlaps with Navro's Workforce/payroll payment execution value proposition, though Deel primarily serves as a direct EOR rather than an embedded payments infrastructure layer.
- Rippling: Rippling is a workforce management platform that has expanded into global payroll and payment execution for distributed teams. While Rippling is a broader HR/payroll platform, it overlaps with Navro in powering cross-border workforce payments for enterprises.
Direct peers
- Currencycloud (Visa): Currencycloud, now part of Visa, provides cross-border payment orchestration, multi-currency wallets, and FX-as-a-service for platforms and fintechs. Both Navro and Currencycloud enable B2B and platform clients to embed international payment capabilities via API.
- Airwallex: Airwallex is a direct competitor offering a global payments and financial platform for businesses, including multi-currency wallets, FX, and cross-border payment orchestration. Navro and Airwallex both target enterprise treasury, payroll, and digital businesses with API-first global payment infrastructure.
- Nium: Nium is a global payments infrastructure provider offering real-time cross-border payouts, FX, and card issuance via API. Both Navro and Nium target enterprise B2B and embedded use cases (payroll, gig economy, marketplaces) with real-time payment rails across 100+ countries.
- Payoneer: Payoneer provides cross-border B2B payment solutions, multi-currency receiving accounts, and mass-payout capabilities. Navro competes with Payoneer in the global payroll and marketplace disbursement use cases, both serving enterprises moving money across borders to workers, contractors, and vendors.
- Wise (formerly TransferWise): Wise is a direct peer in cross-border B2B payments, offering multi-currency accounts, FX, and international transfers for businesses. Both Navro and Wise curate payment rails across global corridors, though Wise serves a broader consumer/SME base while Navro focuses on enterprise B2B and embedded payroll.
Others
- Circle: Circle provides stablecoin (USDC) payment infrastructure for cross-border B2B use cases. Navro integrates with BVNK for stablecoin capability, positioning Circle as an adjacent ecosystem participant in the same cross-border B2B payments space where stablecoin rails could become an alternative to traditional payment schemes.
Broad incumbents
- Adyen: Adyen is a broad incumbent in global payment processing, offering acquiring, cross-border payouts, and treasury services for large enterprises. While Adyen's core focus is merchant acquiring rather than B2B payout orchestration, it overlaps with Navro in cross-border payment routing and enterprise treasury use cases.
- Stripe (Stripe Connect / Treasury): Stripe Connect and Stripe Treasury offer embedded payments, multi-currency accounts, and cross-border payout infrastructure to platforms and marketplaces. Stripe's scale and developer ecosystem make it a broad incumbent competing with Navro for platform-embedded B2B and workforce payment use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Navro social profiles
Digital presenceNavro compliance and trust
Trust signalCompliance9 records
Navro financial estimates
Financial estimateRevenue estimate
Valuation estimate
Navro leadership team
Management profileNumber of profiles
Profiles6 records
Navro subsidiaries and ownership
Company hierarchySubsidiaries3 records
Navro funding detail
Funding detailFunding overview
Funding rounds6 records
Investors14 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Navro M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Navro
What does Navro do?
Navro is a payments curation platform that helps large businesses move money globally by selecting the optimal payment rail, currency, and compliance model for each transaction through a single unified system. The platform aggregates banks, local payment schemes, and digital wallets to execute cross-border payments across 200+ territories, 140+ currencies, and 80+ same-day markets, with capabilities spanning payroll, pensions, enterprise, and capital transfer use cases. It is delivered via direct enterprise sales and API integration, with embedded distribution through payroll and EOR platforms.
Is Navro a public or private company?
Navro is a private company. It is classified as venture growth investor backed and is currently operating.
When was Navro founded?
Navro was founded in 2022. It employs 51 to 100 people.
Where is Navro based?
Navro is headquartered in London, United Kingdom, in the Europe region.
How does Navro make money?
Four revenue lines are on record. Foreign Exchange Transaction Margins are the primary driver. The others are payment Transaction Fees, electronic Money Services and administration Charges.
Who are Navro's main competitors?
Emerging players on record are Deel and Rippling. Direct peers are Currencycloud (Visa), Airwallex, Nium, Payoneer and Wise (formerly TransferWise). Circle is listed as an others. Broad incumbents are Adyen and Stripe (Stripe Connect / Treasury).
Does Navro have an API?
Yes. Navro Technologies (their payment platform) includes related APIs that customers can access. The terms of service reference 'Authorised Connection' meaning 'a request to connect with an API key previously authenticated by an Authorised Individual.' API access requires downloading a two-factor verification tool. Full API documentation URL not publicly specified in available sources.
What industry is Navro in?
Navro's product category is Cross-Border Payments Platform. Its primary akta.pro industry code is FSAMAHAC, Real-Time Payments (RTP) Processing & Clearing, with a secondary code of FSAGAKAF, Multi-Currency Accounts, Wallets & FX Management (Consumer/SME). Its NAICS code is 52232 and its SIC code is 7372.