Sydney FX and hedging firm appoints administrator

Sydney-based foreign trade and foreign exchange consultancy Navinci Global Markets Pty Ltd and nine related entities have entered voluntary administration, with Sule Arnautovic of Salea Advisory appointed on 24 February 2026.

Navinci was founded in 2017 as a FinTech platform focused on improving the user experience for businesses managing foreign exchange and cross-border payments. According to its website, the firm is licensed by the Australian Securities & Investments Commission and registered with AUSTRAC, and has received certification from the Global Islamic Financial Services Firm to offer Shariah compliant foreign exchange hedging solutions. It markets its services primarily to Australian importers and exporters seeking integrated trade, payments and risk management support.

The group provides trade and working capital finance, structured trade and commodity finance, and FX and hedging services, positioning itself as an alternative to traditional banking channels for small and mid-sized enterprises engaged in international commerce. Ownership is split between Tozer and Co., an Australian family office, and staff.

The administrations appears to have followed a period of expansion that extended beyond core financial services. In March 2025, Navinci acquired the Simulator Centre in Mascot, Sydney from the administrators of Regional Express Holdings Limited and publicly stated it was negotiating the purchase of a second full flight simulator. At the time, David Tozer, Navinci’s co-founder and managing director, said Navinci intended to lease the facility out to airlines or flight training companies.

The company has not commented on the administration or whether this most recent acquisition contributed to the decision to appoint the administrator.