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Navro unifies payroll and tax remittances in single payment flow

By Vriti Gothi

Today

  • AI
  • Cross Border Payments
  • Digital Banking
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Navro

London-based FinTech Navro has introduced a payroll-linked Statutory & Tax service designed to process mandatory tax deductions, statutory payments and regulatory reporting alongside salary and pension disbursements in a single payment flow.

The new offering aims to address the operational complexity associated with managing payroll compliance across multiple jurisdictions. Employers operating internationally must navigate varying income tax regimes, country-specific allowances, documentation requirements and local reporting standards. In many cases, businesses rely on separate providers to handle payroll payouts and statutory remittances, increasing fragmentation and reconciliation risk.

Navro’s Statutory & Tax service consolidates these functions into one integrated workflow. The company states that the platform can handle statutory payments and tax deductions in 95 countries, while also fulfilling jurisdiction-specific data and reporting requirements. The service provides real-time visibility into payment status and proof of payment for authorities and employees.

The launch is targeted at three of Navro’s core client segments: payroll providers, pension administrators and Employer of Record (EOR) platforms. The company currently processes workforce payouts for more than 200 large corporations and executes international payments for 1,700 pension schemes. Its broader payments infrastructure supports net salary and pension payouts in over 170 countries and 130 currencies.

Operationally, the new service incorporates pre-run bank account validation checks, including Confirmation of Payee and Verification of Payee processes, and supports International Payment Identity (iPiD) verification in more than 100 countries. By leveraging local payment rails and curated correspondent networks, Navro aims to reduce failed or delayed transactions, minimise hidden deductions, and, where available, improve settlement times.

The consolidation of statutory and payroll flows is positioned as a risk-mitigation and efficiency measure. Businesses shifting from country-by-country statutory management to a unified, auditable process may reduce late payments, regulatory exposure and reconciliation challenges. The platform also enables expansion into new markets without requiring additional local bank accounts or providers, potentially lowering operational barriers for globally distributed workforces.

The development reflects a broader trend in cross-border payroll and payments infrastructure, where providers are moving beyond disbursement capabilities to incorporate compliance, identity verification and reporting within a single, automated framework. As companies continue to scale international hiring and remote workforce models, integrated solutions that combine payments execution with regulatory compliance are becoming increasingly central to enterprise payroll operations.

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