United Kingdom · Payments & e-money
Navro Payments Limited
Navro Payments Limited is a private limited company based in London. The FCA authorises it as an electronic money institution under the Electronic Money Regulations 2011, with firm reference number 982631. Navro Group Limited owns it in full through Navro Holdings Limited. Under the Navro brand it offers businesses e-money wallets, foreign exchange and cross-border payouts through one API, and its terms say it does not serve consumers. The firm was incorporated as Paytrix UK Limited in June 2022 and renamed in January 2024.
Licences and registrations
Held by Navro Payments Limited (LEI 9845008895937K556B86). 3 entries on 3 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| FCA Financial Services Register - E-Money InstitutionsFCALinked by LEI. Matched by Elucidate on the UK company number the register gives. | Authorised E-Money InstitutionE-Money / Stored Value Institution | 982631 | United Kingdom | Active | 2023-08-31 | — |
|
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| Money Services Business RegistryFINTRACLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | Foreign MSB (FMSB)Money Transmitter / Remittance | C100000209 | Canada | Active | 2024-11-04 | Renews 2027-06-30 |
|
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| MSB Registrant SearchFinCENLinked by LEI. Matched by Elucidate to GLEIF on name, country and address. | —Money Transmitter / Remittance | Not published by the register | United States | Active | 2025-09-18 | — |
|
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Licences and registrations listed here were granted in Canada, the United States. This BIC is registered in the United Kingdom.
Trading names on the register: Navro (FCA-EMI, FINTRAC-MSB)
- Licences belong to the legal entity, not to a BIC.
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
- The register entries and their trading names were not matched against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
Swift network
Swift’s ISO 9362 BIC directory
- BIC
- NPEUGB22XXX head office
- Connection to Swift
- Reverse billingThe institution is connected to Swift. Messages sent to it are billed to the institution, not to the sender. The “2” in the eighth character of NPEUGB22 marks reverse billing.
- Swift GPI
- Not on the member list
- Payment schemes and systems
- No entry in the EPC registers, the ECB T2 and TIPS lists or the SIX Bank Master cites this BIC
- Branch codes
- None: head-office BIC only
- BIC first registered
- 2024-06-01
- Last updated
- 2024-06-01
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Ownership
Group subsidiary
100% Navro Holdings Limited
Firm type
FX and business payments
Trades as Navro
- Standing
- The firm was incorporated as Paytrix UK Limited on 15 June 2022. It was renamed Navro Payments Limited on 15 January 2024.
- Ownership
- Navro Group Limited owns the firm through Navro Holdings Limited, which Companies House records as holding 75% or more of the shares and votes.
- Direct parent
- Navro Holdings Limited, United Kingdom 100%
- Ultimate owner
- Navro Group Limited, United Kingdom
- Head office
- 86-90 Paul Street, 3rd Floor, EC2A 4NE London, United Kingdom
- Company register
- Companies House 14173853
- Incorporated
- 15 Jun 2022
- Founders
- Aran Brown · Eddie Harrison
- Former name
- PAYTRIX UK LIMITED
Online
- Websites & references
- navro.com ↗
trust.navro.com ↗ security and trust centre - Official social accounts
- LinkedIn ↗ · X ↗
Sources · 13 pages consulted
- find-and-update.company-information.service.gov.uk/company/14173853
- find-and-update.company-information.service.gov.uk/company/14173853/officers
- find-and-update.company-information.service.gov.uk/company/14173853/persons-with-significant-control
- find-and-update.company-information.service.gov.uk/company/14173853/filing-history
- find-and-update.company-information.service.gov.uk/company/14173853/filing-history/MzU0NTE2NDM2N2FkaXF6a2N4/document?format=pdf&download=0
- navro.com/
- navro.com/regulations
- navro.com/about
- lei.bloomberg.com/leis/view/9845008895937K556B86
- financialit.net/news/fundraising-news/navro-raises-41-million-series-b-accelerate-global-expansion
- thepaypers.com/payments/news/navro-secures-usd-41-million-in-series-b-round-to-propel-global-expansion
- uktechnews.info/2024/02/09/navro-group-formerly-paytrix-secures-11-1-million-series-a-follow-on-investmen
- prnewswire.com/news-releases/strada-and-navro-partner-to-advance-end-to-end-global-payroll-with-integrat
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
The FCA authorises the firm as an electronic money institution under the Electronic Money Regulations 2011 (FRN 982631). FINTRAC registers it as a foreign money services business in Canada.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Financial Conduct Authority (FCA) United Kingdom | Authorised Electronic Money Institution | 982631 | In its own name | Active | navro.com ↗ |
| Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign money services business (FMSB) registration | C100000209 | In its own name | Active | — |
| Financial Crimes Enforcement Network (FinCEN) United States | Money services business registration (money transmitter) | — | In its own name | Active | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Segregated safeguarding accountsThe firm states that it keeps funds equal to clients' e-money in a designated safeguarding account at an authorised credit institution, separate from its own funds.
- Payment schemes and card networks
- Faster Payments Access not stated navro.com ↗
CHAPS Access not stated navro.com ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It serves payroll, employer-of-record, pension and digital-platform clients, and the group says its platform pays out to more than 200 territories in over 140 currencies.
It contracts with clients registered in the UK and holds a Canadian foreign money services business registration, while EEA clients contract with its Irish sister company.
- Revenue
- GBP 2.49m
- Sells to
- Enterprises · Platforms and marketplaces · Other
- Serves customers in 2 countries
- United Kingdom · Canada
- Latest funding round
- Series B · USD 41m Apr 2025Led by Jump Capital
Leadership
Researched 29 Sep 2026 · Sources
- Chief executive
-
Aran Brown
Chief Executive Officer; director
- Chief financial officer
-
Anna Andreeva
Chief Financial Officer (Navro group)
- Compliance / MLRO
-
Mike Southgate
Chief Compliance Officer (Navro group)
- Founder
- Eddie Harrison Chief Growth Officer; director
- Executive
-
Mark O'Meagher
Chief Technology Officer (Navro group)
- Executive
-
Neil Kinnon
Chief Product Officer (Navro group)
Recent events
Researched 29 Sep 2026 · Sources
-
Funding
Navro announced a USD 41 million Series B round at group level, led by Jump Capital.
financialit.net ↗ -
Licence
FINTRAC registered the firm as a foreign money services business in Canada.
thepaypers.com ↗ -
Funding
Existing investors led by Bain Capital and Unusual Ventures put USD 14 million into the Navro group in an internal round.
uktechnews.info ↗ -
Other
The firm changed its name from Paytrix UK Limited to Navro Payments Limited as the group rebranded as Navro.
find-and-update.company-information.service.gov.uk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
Head-office record
- BIC
- NPEUGB22XXX
- How the BIC breaks down
- NPEUBank
- GBCountry · United Kingdom
- 22Location · reverse billing
- XXXBranch · head office
- Branch description
- Not recorded in the directory
- LEI
- 9845008895937K556B86
- LEI record
- View on GLEIF ↗
- Licence no. · FCA-EMI
- 982631
- Licence no. · FINTRAC-MSB
- C100000209
- How the LEI was matched
- BIC: Mapped to this BIC in the Swift and GLEIF BIC-to-LEI relationship file.Register entry: Matched by Elucidate on the UK company number the register gives.Register entries: Matched by Elucidate to GLEIF on name, country and address.
- Register-entry IDs
- ccbe2ba80b92 · 8a47debe1d76 · 2a7e6507f4af
Profile
- Type
- Payments & e-money · Money service businessPayment institutions, e-money and stored-value issuers, and account-information providers. Licensed under payment-services law (e.g. PSD2 in the EU and UK, the Payment Services Act in Singapore). Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Register licences
- 3 entries on 3 registers
- Activities
- Payment services
- E-money / stored value
- Money remittance
- Licensed in
- United Kingdom · Canada · United States
- Website (register)
- navro.com ↗
- Country · region
- United Kingdom · Europe & Central Asia
- Trading venues (MIC)
- No MIC registered under this LEI list of 2026-09-17
- OFAC sanctions
- No listing cites this BIC
- EU sanctions
- No listing matched this BIC or its LEI
- Country sanctions
- No country programme
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
GLEIF’s relationship records name no parent for this LEI, and no group page is published for it.
Addresses
- Registered address
- 86-90 PAUL STREET FLOOR 3RD LONDON EC2A 4NE UNITED KINGDOM
- Operational address
- 86-90 PAUL STREET FLOOR 3RD LONDON LONDON EC2A 4NE UNITED KINGDOM
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
A CBPR+ message identifies this institution by its BIC, and may add its LEI or a clearing code. CBPR+ does not allow a name and postal address next to a BIC.
- Identified by
- BIC, with its LEI
- Roles in CBPR+
- Any agent, including the instructing and instructed agents
CBPR+
For cross-border payments on Swift: the BIC, with the LEI and clearing code where known
<FinInstnId>
<BICFI>NPEUGB22XXX</BICFI>
<LEI>9845008895937K556B86</LEI>
</FinInstnId>Full record
Every ISO 20022 element the directory holds. Base ISO 20022 allows them together. CBPR+ does not allow a name and address next to a BIC
<FinInstnId>
<BICFI>NPEUGB22XXX</BICFI>
<LEI>9845008895937K556B86</LEI>
<Nm>NAVRO PAYMENTS LIMITED</Nm>
<PstlAdr>
<TwnNm>LONDON</TwnNm>
<Ctry>GB</Ctry>
<AdrLine>86-90 PAUL STREET FLOOR 3RD LONDON EC2A 4NE</AdrLine>
</PstlAdr>
</FinInstnId>The BIC, name and address are as published in Swift’s BIC directory. The LEI comes from the Swift and GLEIF BIC-to-LEI file. Check them against your own records before use.
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Sources & method
Every value comes from a public source, such as Swift’s ISO 9362 BIC directory, GLEIF or the OFAC and EU sanctions lists. Most sources are matched on a BIC or an LEI, not on a name.
Swift GPI membership is matched on names and is indicative. A missing sanctions match does not mean that no listing applies. Always screen against the official lists.
Register entries are not screened against sanctions lists. The sanctions facts on this page cover the BIC and its LEI only.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Credits for this page
- FCA Financial Services Register - E-Money Institutions—Financial Conduct Authority (FCA) · register ↗ as at 25 September 2026
- Money Services Business Registry—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · register ↗ as at 25 September 2026
- MSB Registrant Search—Financial Crimes Enforcement Network (FinCEN) · register ↗ as at 24 September 2026
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
- Images—logos and photos from Wikimedia Commons (credited with their author and licence) or from the institution's own website, where Wikimedia has none. Elucidate keeps a copy of each; the links lead to the source and the original image. Logo: navro.com (official website) · original; Aran Brown: navro.com (official website) · original; Anna Andreeva: navro.com (official website) · original; Mike Southgate: navro.com (official website) · original; Mark O'Meagher: navro.com (official website) · original; Neil Kinnon: navro.com (official website) · original.
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