Yuno, the Colombia-founded payments orchestration platform, has raised USD 45 million in a Series B funding round led by Global PayTech Ventures, the company said in an announcement dated 14 August. The round brings total funding to USD 80 million across three rounds and marks a significant step in the company's growth as it looks to compete globally in the payments infrastructure space.
Institutional backers participating alongside the lead investor include Andreessen Horowitz, Tiger Global, QuantumLight Capital, Monashees, Kaszek and Endeavor Catalyst. Regional support came from Rasmal Ventures, GrowthX Capital and Further Ventures of the United Arab Emirates, extending Yuno's investor base beyond its Latin American roots into the Gulf.
ORCHESTRATION FOR GLOBAL MERCHANTS
Payments orchestration platforms sit between merchants and the growing patchwork of card networks, alternative payment methods, local acquirers and anti-fraud tools. They allow a single technical integration to route transactions across many rails and geographies, an increasingly attractive proposition for merchants selling across borders and looking to optimise cost, conversion rates and fraud outcomes.
Yuno has positioned itself as one of the leading independent orchestration players focused on emerging markets, competing with global peers on developer experience, local payment coverage and cost. Being founded in Colombia gives it a starting point in a region where the fragmentation of payment methods has made orchestration especially valuable to merchants operating across multiple countries.
The line-up of backers points to strong belief that this segment can support a large, geographically diversified business. Tiger Global and Andreessen Horowitz have both been active in Latin American fintech through multiple cycles, while Further Ventures underlines interest in the sector from Gulf-based investors that have been increasing their exposure to global fintech.
PATH TO PROFITABILITY IN FOCUS
Proceeds from the round are earmarked to fund international expansion and to support Yuno's transition to profitability, the company said. That phrasing captures a broader shift in late-stage fintech financing, where investors are pressing for a clearer trajectory to profits alongside continued growth after the more freewheeling capital environment of the early 2020s.
Reaching USD 80 million in total funding across three rounds gives Yuno a substantial war chest by Latin American venture standards, though modest relative to some of the global orchestration platforms it competes against. The Series B lead by a specialist paytech investor is likely to be read as an endorsement of the company's roadmap by an investor with sector-specific benchmarks.
Yuno has been steadily adding merchants and payment method integrations since it emerged from stealth, targeting large enterprise clients that need to run complex, multi-country payment stacks. The additional funds will allow it to expand headcount and infrastructure in target markets outside its home region, deepening its presence in strategic corridors.
The Series B announcement was carried by industry publications following disclosures from the company and its investors. Yuno did not disclose a headline valuation for the round, in keeping with a pattern common among late-stage private fintechs that prefer to keep valuation markers out of the public domain. The company will publish further detail on its expansion plans and product roadmap over the coming months, as it puts the fresh capital to work.