Fri, Nov 22 2024
After raising $25 million, the Latin American payments orchestration platform Yuno has its sights set on Europe and Asia.
Yuno, which is two years old, is valued at $150 million. DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees joined the Series A.
Established by digital entrepreneurs Juan Pablo Ortega and JuliaÁn NuÁnÃez, Yuno offers businesses payment orchestration, providing a centralized point of access to more than 300 payment methods.Customers receive intelligent routing, one-click checkout adjustments, and the unification of data from all payment processors and anti-fraud instruments into a single interface.ce.
The firm is currently vying to expand beyond North and South America to Europe, Asia, and Africa. It currently serves clients including McDonald's, Avianca, inDrive, and Rappi in 40 countries.
Núñez states: "This most recent round of funding will be crucial to the advancement of Yuno's technological infrastructure, the growth of our team of outstanding professionals, and the creation of creative business strategies to increase our market share throughout various regions.".
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