Navro provides a payments platform that simplifies cross-border transactions for businesses, offering global collections, currency conversion, and international payouts. The product aims to reduce working capital requirements, accelerate account reconciliation, and decrease administrative burdens. The company is enhancing its payments curation platform by integrating over 30 digital wallets, expanding ACH corridors, and adding numerous real-time payment options. Navro will use new funding to scale operations and expand into key international markets including the United States, Hong Kong, Dubai, and India. The firm is positioned to address the technical and regulatory challenges of global payouts through infrastructure and product development. Navro (formerly Paytrix) is a digital payments curation company headquartered in Dublin, Ireland, with operations in London, UK. The company offers a payments curation platform that lets online businesses manage cross-border growth through one contract and one API. Led by CEO Aran Brown, Navro aims to simplify international payments for sectors such as e-commerce, marketplaces, payroll and pensions. The business recently secured regulatory progress with the Central Bank of Ireland authorising its EMI licence. Navro plans to use the new funding to increase reserves and meet capital requirements imposed by tier-one regulators, clients and banks. The company says the licences in Ireland and the UK position it for growth in 2024 and enable international customers to use its solution in a regulated environment. Paytrix provides a single-platform, API-driven payments curation service that centralizes payment acceptance integrations and global payouts for merchants and marketplaces. Today it focuses on payouts, processing in 133 currencies and 200+ countries with real-time FX and instant settlement. The company negotiates local banking relationships and integrates with local payment schemes via tier-one banks or local partners, remaining acquirer-agnostic so merchants can keep existing acquirers. Future plans include enabling global collections (Phase 2), direct-to-card and virtual card issuance, and completing expanded licensing including upgrades to an EMI in the UK and an EMI application in Ireland. Paytrix has a number of customers (few named: Fyorin, Cardstream, a European ticketing marketplace, and a global employee-of-record platform) and targets merchants and platforms that operate across multiple markets. The team includes founders and hires with payments, FX, and fintech experience and former regulators and compliance leaders supporting licensing efforts. Paytrix is a London-based embedded payments company building a regulated payments curation layer that embeds financial infrastructure into a single ecosystem. It enables users to consolidate multiple providers, contracts, and relationships into one curation layer offering real-time access, intelligent routing, optimized economics, and best-in-class coverage. The company provides Payment Acceptance, Banking-as-a-Service, and Real-time Payout solutions. Target customers include marketplaces, eCommerce, Web3, and gig economy players. Led by Aran Brown, Paytrix raised £5m and intends to use the funds to expand operations and broaden its business reach. The company focuses on embedding financial infrastructure for vertical software platforms within one consolidated offering.

Total raised

$79M

Funding rounds

4

Latest round

Series B

Latest activity

Apr 2025