According to the details in the press announcement, a group of investors, which included DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees, gave Yuno USD 25 million. At the moment, the company wants to help its clients improve retail, e-commerce, travel, mobility, and other industries by offering them dependable and effective payment orchestration. The company provides features like one-click checkout modifications, smart routing, and the integration of data from all payment processors and anti-fraud tools into a unified interface to customers like McDonald's, Avianca, inDrive, and Rappi, among others, across 40 countries.

Yuno's approach to development

With the recently obtained capital, Yuno hopes to expand into new markets in Europe, Asia, and Africa in addition to strengthening its presence in North and South America. Customers of the business benefit from this integration strategy since it offers user-friendly, dependable, and regionally-specific solutions, supporting their expansion. Officials from Yuno claim that the funding supports the company's objectives and its capacity to develop the global payment market, fostering good transformation in a wide range of economic sectors. The business also plans to expand into other markets and aid businesses in their expansion.

Additionally, the executives emphasised that Yuno serves as a financial transaction facilitator in more than 40 countries, demonstrating the company's flexibility and capacity to address a wide range of international market demands. With the latest amount of funding, Yuno plans to enhance its technology infrastructure, grow its workforce, and create new market strategies that will bolster its global footprint. DTS Global added that it will help Yuno through the next stage of its development and enable it to carry on with its expansion. The company's founders' track record of entrepreneurship, the team and clientele they built, and their demonstrated ability to enhance online payments all played a role in the financing.

Apart from its latest declaration, Yuno has collaborated with Hands In to improve payments across the travel and hospitality industries in Latin America. By working together, the two businesses were able to solve the problems caused by split payment options across several cards and persons, as well as card decline rates, which would have a negative impact on the travel and hospitality sectors in the area.