Sunday, June 23, 2024
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Yuno, a rising player in the FinTech arena, has secured $25 million in Series A funding from a consortium of esteemed investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees.

Co-founded by tech veterans Juan Pablo Ortega and Julián Núñez, Yuno stands out with its innovative approach to payments orchestration, catering to influential clients like McDonald’s, Avianca, inDrive, and Rappi across 40 countries. With features such as one-click checkout modifications, smart routing, and unified integration of information from all payment processors and anti-fraud tools, Yuno is reshaping sectors such as retail, e-commerce, travel, and mobility.

The Series A funding aims to bolster Yuno’s operations in North and South America while fueling its ambitious expansion into new markets across Europe, Asia, and Africa. This strategic move is expected to elevate service quality for Yuno’s customers, who benefit from the company’s innovative payment solutions tailored to diverse geographical needs.

Julián Núñez, co-founder at Yuno, underscored the company’s global reach and adaptability, saying, “Yuno is already facilitating financial transactions in over 40 countries, showcasing our versatility and adaptability in meeting the diverse demands of the global market. This latest funding round will play a crucial role in advancing Yuno’s technological infrastructure, expanding our exceptional team of professionals, and devising innovative market strategies to fortify our presence across different geographies.”

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