Work Here?
Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series A
Total Funding
$34M
Headquarters
Bogotá, Colombia
Founded
2022
Company Does Not Provide H1B Sponsorship
Yuno provides a platform that simplifies payment processing for businesses by consolidating various payment processors and methods into one interface. This allows companies to manage all their payment needs without the hassle of multiple integrations or long setup times. Yuno's platform connects users to over 200 suppliers, enabling them to offer diverse payment options across an entire continent within six weeks. This quick deployment is particularly beneficial for businesses looking to expand their payment capabilities efficiently. Unlike many competitors, Yuno focuses on a unified solution that streamlines global transactions, making it easier for financial teams to operate. The company generates revenue through subscription fees for platform access and transaction fees for processed payments. Yuno's goal is to enhance acceptance rates and reduce costs for its clients, ultimately transforming how businesses handle their payment processes.
Help us improve and share your feedback! Did you find this helpful?
Total Funding
$34M
Above
Industry Average
Funded Over
2 Rounds
Industry standards
Remote Work Options
Stock Options
Health Insurance
Flexible Work Hours
Professional Development Budget
Welcome to the LatamList roundup, your bi-monthly summary of the Latin America startup scene.Brazilian and Colombian fintechs led the headlines in the past two weeks, with notable developments in open finance, payment solutions, and AI-powered financial tools. Here are the partnerships, expansions, funding rounds, and other news we saw over the last two weeks.LaunchesMexican fintech Ximple partnered with Dock and Mastercard to launch a credit card and expand its loan disbursement options, increasing its cash disbursement locations from 15K to 75K and allowing credit use at over 6M point-of-sale terminals. Read more on LatamFintech Hub.Takenos, an Argentine digital wallet for freelancers, launched a prepaid card issued with Pomelo and developed with Mastercard, allowing users to receive payments in USD, convert funds to pesos, and access multiple currency accounts. Read more on iProUP.Colombian payment orchestration platform Yuno launched Mastercard Payment Passkey in Brazil, Argentina, and Chile, allowing businesses to replace one-time passwords with biometric verification and tokenization to improve security and reduce abandoned transactions. Read more on DF SUD.Colombian SMB fintech Bold launched Bold POS, a cloud-based electronic system that automates invoice issuance, connects with the National Tax and Customs Directorate, and allows businesses to generate invoices and accept payments from any device. Read more on LatamFintech Hub.Brazilian open finance and AI fintech Pilotin launched an app that unifies financial data, allowing lenders to assess risk using alternative data and expand credit access for users without formal proof of income
Yuno, the world’s leading payment orchestration platform, today announces the appointment of Miguel Duarte Fernandes, as its SVP, Head of Growth and Commercial for Europe, further expanding its geographic footprint. This strategic hire marks a significant step in strengthening Yuno’s global presence and accelerating the company’s expansion into Europe. The region’s e-commerce revenue is forecast to reach $721.30bn in 2025 and continue to expand more than 7% annually for the next four years, fueling further demand for payments orchestration.Miguel brings with him over 20 years of experience in the payments industry, having previously held roles at Checkout.com, PayPal, Braintree, and SIBS, where he established partnerships with merchants across Europe’s top online payment verticals, including travel, fashion, retail, marketplaces, and digital services, helping them to optimize payment strategies and unlock their full growth potential.Throughout his illustrious career, Miguel has recognized a recurring challenge: merchants are often limited by dependence on a single acquirer or gateway, which might not be the best for each new geography they enter. Yuno helps solve this pain point by providing merchants with access to multiple providers and over 300 payment methods through a single integration and a user-friendly interface. This includes locally relevant alternative payment methods, making it easier for businesses to accept the most popular payment options in each market while ensuring that all transactions are reliable and cost-efficient.Juan Pablo Ortega, Co-founder and CEO at Yuno, commented:“We are thrilled to welcome Miguel to the Yuno team. His expertise and deep understanding of the payments ecosystem will be crucial in accelerating our mission to empower merchants globally
Yuno, the leading payment orchestration platform, has announced today a strategic collaboration with PayPal, a global leader in digital payment processing. This collaboration significantly enhances Yuno’s offering, giving merchants seamless access to PayPal’s vast active user network, which now surpasses 400 million worldwide.Yuno-powered merchants can now effortlessly offer PayPal’s secure and flexible payment option, broadening their market reach and unlocking new revenue streams. Trusted by millions worldwide, PayPal allows users to make purchases, transfer funds, and pay bills in a fast, easy, and secure way, without the need to repeatedly enter card payment information, contributing to reducing digital footprint and providing the security users are looking for.Including this partnership, Yuno now supports over 300 global payment methods via its intuitive, user-friendly interface, making it easy for merchants to scale quickly by offering the most popular and locally-relevant payment methods in each market. Yuno’s platform also provides access to other innovative features, including one-click checkout, advanced fraud protection, and optimized payment routing that boosts transaction success rates and prevents lost sales in the wake of outages at a payment provider.Catherine Kaupert, Global Head of Partnerships of Yuno, commented: “We’re thrilled to team up with PayPal, a well-known and trusted name in digital payment processing globally. This integration further strengthens Yuno’s capabilities, allowing our merchants to tap into PayPal’s extensive network and drive growth with ease. Together, we are simplifying payments, making them more secure, and enabling businesses to scale without friction.”Paola Fuentes, Head of Partnerships for Hispanic Latam at PayPal, added: “Our affiliation with Yuno integrates our entire product portfolio, including PayPal Checkout and credit and debit card payment processing to provide cutting-edge payment solutions for both customers and businesses
Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers.
Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Beginning in January, Sympla and Yuno will be the first partners in the region to offer this innovative solution to their customers, followed by a wider roll out.The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey. Using device-based biometrics, such as fingerprints or facial scans, payment passkeys replace other authentication methods like one-time passwords (OTPs) to make online transactions not only faster and more convenient, but also more secure against fraud and scams.Mastercard’s research shows that 90% of consumers worldwide believe biometrics are more secure and convenient than passwords. In Latin America specifically, a survey conducted from 2023 revealed that 85% of respondents prefer using biometric authentication over traditional passwords for online transactions. Compared to OTPs, which are increasingly vulnerable to online scams such as phishing, SIM swapping, and message interception, payment passkeys make transactions not only faster, but also more secure against fraud and scams.The Mastercard Payment Passkey Service leverages Mastercard’s tokenization technology, which replaces the primacy account number (PAN) with a token, to ensure that no card data is shared with third parties and is useless to fraudsters and scammers in the case of a data breach.With payment passkeys, shoppers can choose their Mastercard card when checking out with Click to Pay, or select a card already stored securely on file with a merchant. To confirm the payment, they can use biometric authentication like fingerprint or facial scan features already available on their devices
Find jobs on Simplify and start your career today
Industries
Fintech
Financial Services
Company Size
501-1,000
Company Stage
Series A
Total Funding
$34M
Headquarters
Bogotá, Colombia
Founded
2022
Find jobs on Simplify and start your career today