In a world where almost everything is automated or online, there is an expectation that payment networks function seamlessly. However, processing remains a hiccup in many B2B buying/selling processes. Looking to address inefficiencies in the global payments market is Navro, with its "one contract and one API" approach.
Normally, payees and payers must deal with multiple service providers and navigate various regulatory systems. Navro instead unifies disparate processes into one platform. The company targets a broad range of clients from marketplace and eCommerce businesses to those managing pensions and payroll, and boasts an expanding customer base.
Navro recently secured Electronic Money Institution (EMI) licenses in both the UK and Ireland, signifying significant regulatory progress and potential market expansion. The company also secured substantial funding, that will be crucial for fuelling Navro's growth and strengthening its global payments infrastructure moving forwards.
Freddie
Company Specialist at Welcome to the Jungle