UK fintech Navro secures Texas money transmitter license

UK fintech company Navro has received a money transmitter license from the Texas Department of Banking, according to Techub News, citing Finextra. The company is headquartered in London and focuses on payment orchestration services. The license adds a regulatory approval in Texas for the firm as it continues operating in the payments segment. No additional details were disclosed in the source about the scope of the license or rollout plans.