We are thrilled to announce our continued support for Navro as they embark on their next phase of global expansion, fueled by a $41 million Series B funding round led by Jump Capital, with participation from us, Bain Capital Ventures, and Motive Partners. We're excited to continue to be part of Navro’s journey as they scale into new markets and continue to simplify international payments for businesses worldwide.
From our initial conversations with Aran and the Navro team, we recognized a rare blend of deep domain expertise and a truly innovative approach to tackling international business payments. Their vision of empowering businesses to transact as seamlessly across borders as they do locally resonates deeply with our own philosophy of backing bold founders addressing significant market needs.
This new capital will enable Navro to accelerate its ambitious plans to extend operations into key global hubs, including the USA, Hong Kong, Dubai, and India. Furthermore, their commitment to integrating a wider array of local payment options —including digital wallets, expanded ACH capabilities, and real-time payment rails — will further solidify their position in the fintech landscape.
What truly excites us about Navro is their unique payments curation platform. By providing businesses with access to the best local payment services through a single API and contract, they are simplifying a historically fragmented and cumbersome process. The tangible benefits — reduced working capital requirements, lower costs, faster reconciliation, and a lighter administrative burden — are already being realized by a growing roster of impressive clients.
We've witnessed firsthand the strong traction Navro has gained, now processing significant volumes of workforce and supplier payments for major corporations and powering payouts for over 1000 pension schemes.
At Unusual Ventures, we're not just investors; we're partners in building enduring companies. Our increased commitment to Navro in this round reflects our strong conviction in their team, their technology, and their potential to change the way businesses engage in the global economy.
Unusual backs a small number of early-stage enterprise founders, and we lean in to help them find product-market fit. If you're building in the enterprise space, please reach out!
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