Yuno raises $45m Series B to power global payments infrastructure
Yuno, the Colombia-founded payments infrastructure company, has closed a $45 million Series B led by Global PayTech Ventures, with participation from Andreessen Horowitz, Tiger Global, and QuantumLight Capital, the venture firm backed by Revolut chief executive Nik Storonsky. The round's most strategically telling detail is its regional investor base: Rasmal Ventures, backed by Qatar's sovereign Qatar Investment Authority (QIA); Further Ventures, a sovereign-backed firm headquartered in Abu Dhabi; and GrowthX Capital, backed by tech entrepreneur Hamad Al-Hajri. Gulf state capital is not merely alongside the headline names; it is structurally woven into Yuno's expansion thesis.
The company says it is on track to process $100 billion in annual transaction volume within the next 12 months. Over the past year, it recovered more than $5 billion in otherwise-failed transactions and saved customers more than $500 million in processing costs, lifting authorisation rates by approximately five percentage points. Clients already running on Yuno's single-API stack include McDonald's, NetEase Games, GoFundMe, inDrive, and Rappi. The platform connects merchants to more than 1,000 payment methods across 190-plus countries, with intelligent routing, one-click checkout, and AI-powered fraud detection built in.
From Latin America to the Gulf Corridor
Yuno's GCC momentum is more than investor optics. In April 2026, the company received Payment Technical Service Provider certification from the Saudi Central Bank (SAMA). It has since opened local rails across all six Gulf Cooperation Council countries through a partnership with Tap Payments, adding Mada, KNET, and NAPS to its routing network, and signed a buy-now-pay-later partnership with Tabby, which serves more than 25 million shoppers in Saudi Arabia and the UAE. ACI Worldwide has ranked the Middle East as the world's fastest-growing real-time payments market, and Yuno is now operationally embedded in it.
"The hardest problem in payments is being genuinely local everywhere, and Yuno has solved it at global scale," said Soumaya Ben Beya Dridje, Partner at Rasmal Ventures. Her framing points to the structural challenge that most cross-border infrastructure players have failed to crack: regulatory certification, local-rail access, and consumer payment-method coverage must be built market by market, and the lead time is years, not months.
AI as an Infrastructure Moat
Co-founder and CEO Juan Pablo Ortega, who previously co-founded Rappi and launched its Mexico operations, frames AI not as a feature but as an economic model. "AI has changed the economics of building this company. We grow faster and operate leaner than the generation of infrastructure players before us," he said. The company plans to use the new capital for research and development, next-generation payments technology, in-person payments expansion, and deeper agentic commerce capabilities, extending Yuno's platform further up the enterprise stack.
The agentic commerce angle deserves a cross-sector reading. As autonomous AI agents begin executing purchasing decisions on behalf of consumers and enterprises alike, the payments rail those agents sit on becomes a critical control point. Whoever owns the routing, fraud detection, and authorisation logic at that layer holds leverage over an increasingly automated commercial internet. Yuno's positioning as an "AI-native operating system" for payments is a claim, not yet a category, but the infrastructure build-out it describes, covering KYC/KYB, stablecoin connectivity, and real-time optimisation, maps onto exactly the stack that agentic commerce will require.
For macro investors watching sovereign capital flows, the Rasmal and Further Ventures participation signals something beyond a single fintech bet. Gulf states are systematically acquiring stakes in the financial infrastructure that will carry their new trade corridors, from the GCC's rapidly growing real-time payments networks outward. Yuno, founded in Bogotá in 2022 with a global-from-day-one architecture, is one of the few platforms already certified and operational across the regions those corridors connect, from Latin America through the Middle East and into gaming-led Southeast Asia. That geographic footprint, more than the $45 million raise itself, is the strategic asset this round is designed to protect and extend.