Yuno Secures $45M Series B Funding to Accelerate Development of Its AI-Native Global Payments Operating System

August 19 news: AI-native global payments and financial services operating system Yuno announced the completion of a $45 million Series B funding round on the same day. The round was led by Global PayTech Ventures, with participation from firms including Andreessen Horowitz, Tiger Global, QuantumLight Capital, Monashees, Kaszek and Endeavor Catalyst. Multiple regional strategic investors also joined the round, including Rasmal Ventures, Further Ventures and GrowthX Capital. Rasmal Ventures is Qatar's first investment institution backed by the Qatar Investment Authority (QIA); Further Ventures is an Abu Dhabi-headquartered investment firm supported by sovereign capital; and GrowthX Capital is backed by tech investor and entrepreneur Hamad Al-Hajri. Proceeds from the round will be primarily allocated to research and development, next-generation payment technologies, and the continuous expansion of Yuno's global infrastructure, to further consolidate its capabilities as a foundational payment infrastructure provider for large global enterprises. Over the past year, Yuno has helped its clients recover more than $5 billion in transaction volume that would otherwise have been lost to payment failures, raised payment success rates by approximately 5%, and saved clients over $500 million in payment processing costs. During the same period, Yuno added 150 new integrations and further expanded its local payment coverage across all continents. Yuno has adhered to a neutral and open philosophy since the initial stage of product design. Enterprises can connect to more than 1,000 payment methods and over 460 integrations covering more than 190 countries and regions through a single API, and access capabilities including smart routing, one-click payment and AI-powered fraud detection. For large global enterprises, Yuno consolidates payment capabilities across different markets through a single integration, and provides features including fraud prevention, KYC/KYB, and real-time payment optimization. Founded in Colombia in 2022, Yuno is currently deepening partnerships with banks and payment service providers, which can use Yuno's technology via a white-label model. These partners include Nasdaq-listed cross-border payments platform dLocal and Mexico's largest payment processing network Prosa, allowing enterprises to access market-wide payment capabilities with a single contract. Product expansion will be one of the key investment priorities for this funding round. As clients look to Yuno to cover more segments of their payments and financial technology stack, the company is further extending its platform capabilities to offline payments, continuing to deepen its agent-based commerce capabilities, and accelerating its business footprint expansion in the U.S. market. "Most companies raise Series B funding to buy growth. For Yuno, this round is about keeping pace with our clients' own growth and further extending our lead. At the same time, we have a clear path to profitability, and expect to achieve profitability within the next 12 months," said Juan Pablo Ortega, co-founder and chief executive officer of Yuno. "AI has transformed the economic model on which we built this company. The most intractable challenge in the payments industry is how to truly deliver 'global coverage with deep local expertise'. With this funding, we aim to further cement this leadership advantage at a truly global scale." [Source: Ebrun Go, an automated writing robot developed by Ebrun that delivers real-time e-commerce industry intelligence through algorithms. This tool is still in its early stages of development. Please contact run@ebrun.com or leave a comment to help it improve.]