Yuno raises $45M Series B to build Qatar into its Gulf hub
What's the deal? Yuno, a Colombia-headquartered payments infrastructure company, has raised a $45 million Series B led by Global PayTech VenturesDealroom has a profile for this one. Try Dealroom →. Qatar-based Rasmal VenturesDealroom has a profile for this one. Try Dealroom → joined as a strategic regional investor, backing Yuno as it establishes Qatar as its GCC regional hub.
Who else is in? Andreessen Horowitz, Tiger Global, QuantumLightDealroom has a profile for this one. Try Dealroom → Capital, Monashees, Kaszek, and Endeavor Catalyst participated, alongside GrowthX CapitalDealroom has a profile for this one. Try Dealroom → and Abu Dhabi-based Further VenturesDealroom has a profile for this one. Try Dealroom →. Rasmal is trusted by sovereign wealth funds including the Qatar Investment Authority.
What's the endgame? Founded in 2022 by Juan Pablo Ortega and Julián Núñez, Yuno connects businesses to more than 1,000 payment methods and over 460 integrations across 190 countries through a single API. Clients include McDonaldDealroom has a profile for this one. Try Dealroom →'s, NetEase GamesDealroom has a profile for this one. Try Dealroom →, GoFundMeDealroom has a profile for this one. Try Dealroom →, inDrive, and Rappi.
By the numbers: Over the past year, Yuno recovered more than $5 billion in otherwise-failed transaction volume, lifted authorisation rates by roughly 5%, and saved customers more than $500 million in processing costs. At $45 million, the round sits in the top 20% of deals by size.
The Gulf push: Yuno now has a regional office in Qatar. In April 2026, its Saudi arm received Payment Technical Service Provider certification from the Saudi Central Bank, while a partnership with Tap PaymentsDealroom has a profile for this one. Try Dealroom → opened local rails including Mada, KNET, and NAPS across all six GCC countries.
Why now? A buy-now-pay-later tie-up with Tabby connected the platform to more than 25 million shoppers across Saudi Arabia and the UAE. ACI WorldwideDealroom has a profile for this one. Try Dealroom → ranks the Middle East as the world's fastest-growing real-time payments market.
What they're saying: "The hardest problem in payments is being genuinely local everywhere, and Yuno has solved it at global scale, which is exactly why it resonates in our region," said Soumaya Ben Beya Dridje, partner at Rasmal Ventures.
The signal: The round shows Gulf capital courting global fintechs willing to plant roots in the region. For Yuno, aligning its infrastructure with the trade corridors linking the Gulf to Asia turns a Latin American startup into a wager on where cross-border payments are headed next.
Read more: Wamda
Image credit: Yuno
