Navro Enters U.S. Market with Delaware Money Transmitter Licence

London-based payments fintech Navro has officially entered the U.S. market after securing a money transmitter licence in Delaware. The approval gives Navro regulatory clearance to offer its international payments platform to U.S. businesses, aiming to simplify complex cross-border transactions.

The platform addresses challenges like excessive fees and delays tied to traditional payment systems, such as Swift, by offering one unified solution—one platform, one API, and one contract. This allows companies to eliminate the hassle of dealing with multiple providers and regulatory layers.

Navro has already acquired licences in Canada and the European Union and recently raised $41 million in Series B funding. With its U.S. launch now underway, the fintech is preparing to expand into Asia-Pacific and the Middle East.

CEO Aran Brown stated that the Delaware licence highlights Navro’s commitment to regulatory compliance and marks the beginning of a nationwide rollout across the U.S.