Yuno: $45M for Gulf Expansion & Agentic AI Payments
Summary
Yuno, a payments orchestration company, has secured $45 million in a Series B funding round. This investment brings their total funding to $80 million. The company plans to use these funds for research and development, next-generation payments technology, and a significant push into Gulf markets. They also aim to advance their agentic AI strategy. What's interesting is that Yuno connects businesses to over 1,000 payment methods through a single API across more than 190 countries. They say they recovered over $5 billion in failed transactions for merchants last year. This funding round includes Abu Dhabi’s sovereign-backed Further Ventures and Qatar’s Rasmal Ventures. The bottom line: this expansion means businesses in the UAE can now offer buy-now-pay-later options at checkout without needing separate contracts.
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