Yuno secures USD 25 million from consortium of investors

With the newly acquired funds, Yuno aims to further solidify its operations in North and South America, as well as enter additional markets in Europe, Asia, and Africa. Through this, the company’s customers, leverage its approach to integrating diverse payment methods, which supports their growth by offering user-friendly reliable, and tailored solutions for different geographies. According to Yuno’s officials, the financial backing assists the company’s mission and its ability to advance the global payment industry, helping fuel positive change across many different sectors of the economy. Additionally, the company intends to bring its solutions to new markets and support companies in their growth.

Furthermore, representatives also underlined that Yuno facilitates financial transactions in over 40 countries, which showcases the company’s adaptability and versatility in meeting the diverse demands of the global market. The latest round of funding is set to support Yuno in advancing its technological infrastructure, expanding its team, and developing new market strategies that strengthen its presence across different geographies. Moreover, DTS Global stated that it supports Yuno in the next phase of its growth, allowing it to continue its expansion. The investment came as a response to the company’s entrepreneurial track record of its founders, the team and customer base it created, and its proven ability to improve online payments.

In addition to its current announcement, Yuno also recently partnered with Hands In to enhance payments in the travel and hospitality sectors in Latin America. Through this collaboration, the two companies were set to drive efficiency in the region’s travel and hospitality industries by addressing the issues posed by card decline rates with split payment options amongst multiple cards and individuals.

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