Yuno Secures US$45 Million Series B, Gulf Investors Back Expansion
Payments infrastructure firm Yuno has closed a US$45 million Series B round. Gulf investors participated, reinforcing Yuno's regional expansion strategy and recent regulatory wins in Saudi Arabia. The funding will accelerate Yuno's path to profitability.
Funding Details and Strategic Use
Yuno, a payments infrastructure company founded in Colombia, raised US$45 million in Series B funding. Global PayTech Ventures led the round. Other participants included Andreessen Horowitz, Tiger Global, QuantumLight Capital, Monashees, and Kaszek. Regional investors such as Rasmal Ventures, Further Ventures, and GrowthX Capital also contributed.
Yuno stated the capital will fund product expansion, including agentic commerce and its banking-sector business. It will also accelerate the company's path to profitability.
Gulf Expansion and Operational Footprint
The regional investor participation shows Yuno's focus on the Gulf market. Yuno established Qatar as its regional hub for the Gulf Cooperation Council (GCC). The company received Payment Technical Service Provider certification from the Saudi Central Bank in April.
It also partnered with Tap Payments to open local payment rails, including Mada, KNET, and NAPS, across all six GCC countries. A buy-now-pay-later partnership with Tabby serves over 25 million shoppers in Saudi Arabia and the UAE. Yuno connects businesses to more than 1,000 payment methods globally.
Performance and Future Outlook
Yuno reported recovering over US$5 billion in otherwise-failed transaction volume for merchants over the past year. It also lifted authorisation rates by approximately 5% and saved customers over US$500 million in processing costs. The company's clients include McDonald's, NetEase Games, GoFundMe, inDrive, and Rappi.
Yuno expects to process US$100 billion in annual transaction volume within the next 12 months, according to its co-founder and CEO, Juan Pablo Ortega. He credits AI with changing payments infrastructure economics.
Soumaya Ben Beya Dridje, Partner at Rasmal Ventures, a Qatar Investment Authority-backed fund, noted the Gulf's payments market is growing quickly. She added that Yuno combines global ambition with the financial discipline required for the region's new trade corridors.
For Asian businesses and investors, Yuno's Gulf expansion reveals growing opportunities in the Middle East's payments sector. This market was ranked by ACI Worldwide as the world's fastest-growing for real-time payments. Companies operating in Asia's fintech space may find similar growth avenues by localising payment solutions for Gulf economies.
This article is journalism, not investment advice; consult a licensed professional before making financial decisions. Market data is indicative, may be delayed, and should be verified with your broker or exchange before use.
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