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Navan Selected by Investec to Modernize Global Travel Program

$NAVNPress releaseOct 12, 2026, 4:00 AM ETRead the release

Navan was selected by Investec, a dual-listed UK and South Africa bank and wealth manager, to modernize its global corporate travel program. The bank cited an AI-first platform to consolidate travel operations, cut administrative work, and improve cost efficiency across its workforce. Navan says it serves nearly 1,500 financial institutions globally, up 36% year over year, with flight bookings up 12% and hotel bookings up 9% for the 12 months ended August 31, 2026.

Key figures

Lodging properties
over 2 million
Airlines in inventory
more than 600
Hotel bookings growth
up 9%
Flight bookings growth
up 12%
Finserv client growth yoy
36% increase year over year in FY2026
Expense transaction growth
up 7%
Financial institutions served
nearly 1,500

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.