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Navan acquires Brazilian TMC Smartrips
1reports1reporting sources2026-06-19Update
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This strengthens Navan's position in Brazil, Latin America's largest corporate travel market, which accounts for about 40% of regional travel spending. By integrating a local TMC, Navan offers a more unified travel platform for global enterprises, reducing reliance on third-party systems.
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6月19日
- PhocusWire All NewsNavan acquires Brazilian TMC Smartrips
Navan has acquired Brazilian travel management company Smartrips, expanding its presence in Latin America. This is Navan's first acquisition since its IPO in October 2025. Terms were not disclosed. Smartrips, founded in 2017, provides corporate travel procurement and management services in Brazil.