Yuno, the Colombia-founded payments orchestration company, has raised $45 million in a Series B led by Global PayTech Ventures, taking total funding to $80 million. The round includes Abu Dhabi’s sovereign-backed Further Ventures, alongside Qatar’s Rasmal Ventures and GrowthX Capital.
What the Yuno Series B funds
The Yuno Series B funds research and development, next-generation payments technology and an explicit push into Gulf markets, plus the company’s agentic AI strategy. Yuno says it is on track to process $100 billion in annual transaction volume within 12 months, with customers including McDonald’s, NetEase Games, GoFundMe, inDrive and Rappi.
Yuno connects businesses to more than 1,000 payment methods through a single API — 460 integrations across 190+ countries — with fraud prevention, KYC and intelligent routing built in. Founded in 2022 by Juan Pablo Ortega and Julián Núñez, who met at payments infrastructure firm Rappi, the company says it recovered more than $5 billion in otherwise-failed transaction volume for merchants over the past year and lifted authorisation rates by about 5 per cent.
“Most companies raise a Series B to buy growth. We’re raising ours to meet our customers’ growth, and extend our lead, with a clear line to profitability in the year ahead.”
Juan Pablo Ortega, co-founder and CEO of Yuno
The regional money follows a run of Gulf moves. Yuno Payments Arabia received its Payment Technical Service Provider certification from Saudi Arabia’s central bank in April; a February partnership with Riyadh’s Tap Payments opened local rails — Mada, KNET and NAPS — across all six GCC states; and a May integration with Tabby brought buy-now-pay-later to merchants in Saudi Arabia and the UAE. The company keeps a regional headquarters in Qatar.
What it means for businesses in the UAE
The Tabby integration is the practical bit: UAE merchants on Yuno can offer buy-now-pay-later at checkout without a separate contract with the Riyadh-based app, which serves more than 25 million shoppers across Saudi Arabia and the UAE and holds SAMA finance licences in the kingdom. The sovereign money moving into regional fintech has been a theme all year — Dubai’s biggest bank teamed with an AED 1bn fund to pilot AI banking back in July.
What is Yuno?
Yuno is a payments orchestration company founded in Colombia in 2022 by Juan Pablo Ortega and Julián Núñez. It connects businesses to more than 1,000 payment methods through a single API, covering 190+ countries, with fraud prevention and intelligent routing built in.
Who is Further Ventures?
Further Ventures is a sovereign-backed investment firm based in Abu Dhabi. It joined Yuno’s Series B alongside Qatar’s Rasmal Ventures and GrowthX Capital, backing the company’s expansion into Gulf markets.
What does Yuno’s Gulf expansion involve?
Yuno Payments Arabia holds Payment Technical Service Provider certification from Saudi Arabia’s central bank, partnered with Riyadh’s Tap Payments for local rails across all six GCC states, and integrated Tabby’s buy-now-pay-later for merchants in Saudi Arabia and the UAE.
