Yuno Raises US$45 Million Series B With Gulf Investor Backing
Payments infrastructure company Yuno has successfully closed a US$45 million Series B funding round, led by Global PayTech Ventures. The round saw significant participation from prominent investors including Andreessen Horowitz, Tiger Global, and regional Gulf investors such as Rasmal Ventures, Further Ventures, and GrowthX Capital. This capital injection is earmarked to accelerate Yuno’s path to profitability and fund the expansion of its product offerings, including agentic commerce and its banking-sector business. The Colombia-founded company, which connects businesses to over 1,000 payment methods globally, aims to process US$100 billion in annual transaction volume within the next year, leveraging AI to enhance its payments infrastructure.
Yuno’s successful Series B round, particularly the strong backing from Gulf investors, highlights the increasing strategic importance of the Middle East as a hub for global fintech innovation and expansion. The region’s rapidly growing real-time payments market, as noted by ACI Worldwide, makes it an attractive destination for payments infrastructure companies seeking to scale. Yuno’s establishment of Qatar as its regional hub, coupled with strategic partnerships and regulatory certifications in Saudi Arabia, underscores a deliberate and effective strategy to localize operations and tap into the Gulf Cooperation Council’s burgeoning digital economy. This move signals a broader trend where global tech companies are increasingly viewing specific Asian sub-regions, like the Gulf, not just as markets but as critical operational and investment centers.
The emphasis on AI-powered fraud detection and intelligent routing within Yuno’s platform also reflects the evolving technological landscape in payments. The company’s ability to recover significant failed transaction volumes and reduce processing costs for merchants demonstrates the tangible benefits of advanced AI in optimizing payment flows. For Asia’s tech ecosystem, Yuno’s approach offers a blueprint for how fintechs can leverage AI to achieve operational efficiency, enhance customer experience, and drive profitability, setting new benchmarks for payments infrastructure development across the continent.
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