Navro
About Navro
Navro provides a payment and banking infrastructure that enables software companies to execute global payouts and collections in over 170 regions and 35 currencies through a single API. This platform minimizes foreign exchange fees and accelerates settlement times, facilitating seamless financial operations for businesses expanding into international markets.
```xml <problem> Many software companies face complexities when executing global payouts and collections, including high foreign exchange fees, slow settlement times, and the need to manage multiple systems. This can hinder expansion into international markets and create operational inefficiencies. </problem> <solution> Navro provides a payment and banking infrastructure that enables software companies to execute global payouts and collections in over 170 regions and 35 currencies through a single API. The platform allows businesses to move money across borders, receive funds into local accounts, minimize FX fees by settling and paying in local currency, streamline reconciliation, and speed up settlement times. Navro offers named accounts in 35+ regions and 35+ currencies, along with unlimited virtual accounts in 30+ regions. This infrastructure unlocks access to global payments, facilitating seamless financial operations for businesses expanding internationally. </solution> <features> - Global payouts to over 170 regions. - Collections in 35+ currencies. - Create named accounts in 35+ regions and 35+ currencies. - Unlimited virtual accounts in 30+ regions. - API and portal for payment tracking and reconciliation. - Real-time and same-day settlement capabilities. - Minimizes FX fees by settling and paying in local currency. </features> <target_audience> Navro's primary customers are software companies, marketplaces, on-demand platforms, pension providers, payroll services, employer of record (EOR) services, and e-commerce businesses that require global payment solutions. </target_audience> ```
What does Navro do?
Navro provides a payment and banking infrastructure that enables software companies to execute global payouts and collections in over 170 regions and 35 currencies through a single API. This platform minimizes foreign exchange fees and accelerates settlement times, facilitating seamless financial operations for businesses expanding into international markets.
Where is Navro located?
Navro is based in London, United Kingdom.
When was Navro founded?
Navro was founded in 2022.
How much funding has Navro raised?
Navro has raised 39190000.
Who founded Navro?
Navro was founded by Eddie Harrison and Aran Brown.
- Eddie Harrison - Co-Founder/CPO
- Aran Brown - Co-Founder/CEO
- Location
- London, United Kingdom
- Founded
- 2022
- Funding
- 39190000
- Employees
- 97 employees
- Major Investors
- Unusual Ventures, Bain Capital Ventures