£11.1M
The London fintech firm raised the capital from backers including Bain Capital and Unusual Ventures to satisfy tier-one regulatory requirements.
"International payments are a pain point across a range of industries including e-commerce, marketplaces, and online platforms such as payroll and pensions to name just a few. These are sectors that need to cater for complex layers of incoming and outgoing payments, to and from large volumes of businesses and individuals, and across multiple jurisdictions. Getting the licences in Ireland and the UK sets us up wonderfully for 2024 and means that international businesses can now use our solution to remove these headaches in a regulated environment."
N
Navro—London, UKBain Capital + 3 others

