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Yuno secured $25M in a Series A funding round to expand operations in Europe, Asia, and Africa.

Mar 05, 2024almost 2 years ago

Amount Raised

$25 Million

Round Type

series a

BogotáSoftwareTransportation

Investors

MonasheesKaszek VenturesTiger GlobalAndreessen HorowitzDst Global Partners

Description

Yuno, a leading global payments orchestration platform, announced it has secured $25 million in a Series A round from a consortium of prominent investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees. This funding will be used to strengthen operations in North and South America and to enter new markets in Europe, Asia, and Africa, with the aim of providing innovative and reliable payment solutions to a wider customer base.

Company Information

Company

Yuno

Location

Bogotá, Capital District, Colombia

About

Yuno has emerged as a dominant force in the realm of global payment orchestration, boasting an influential footprint that spans over 300 payment methods. Expertly engineered to streamline a wide array of payment methods, it integrates unparalleled fraud detection capabilities, ensuring both ease of use and robust security in handling transactions. The system is replete with advanced features such as "one-click" checkout and advanced Smart Routing technology. Additionally, Yuno features an intelligent interface that facilitates seamless data integration and synthesis.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech