Yuno Raises $45M Series B with Rasmal Ventures for GCC Growth

Payments infrastructure innovator Yuno has successfully closed a $45 million Series B funding round, strategically positioning Qatar as its regional headquarters for the Gulf Cooperation Council (GCC). The significant capital infusion was bolstered by a notable investment from Rasmal Ventures, Qatar's premier institutionally-backed investment firm, signaling strong regional confidence in Yuno's global payment solutions.

The funding round saw participation from a robust syndicate of investors, including lead investor Global PayTech Ventures. Other key contributors comprised prominent venture capital firms such as Andreessen Horowitz, Tiger Global, QuantumLight Capital, Monashees, Kaszek, and Endeavor Catalyst. Rasmal Ventures joined alongside GrowthX Capital and Further Ventures, underscoring a shared vision for Yuno's growth trajectory in the dynamic Middle Eastern market.

Yuno, founded in 2022, offers a unified API that grants businesses access to over 1,000 payment methods and more than 460 integrations across 190 countries. The platform is engineered with intelligent routing, one-click checkout capabilities, and AI-driven fraud detection. In the past year alone, Yuno has demonstrated substantial value creation for its merchant network, recovering over $5 billion in transaction volume that might have otherwise failed, improving authorization rates by approximately 5 percent, and generating savings exceeding $500 million in processing costs for its clients.

The strategic decision to establish its GCC hub in Qatar is underpinned by Yuno's recent acquisition of Payment Technical Service Provider certification from the Saudi Central Bank in April 2026. This regulatory milestone, coupled with existing partnerships with entities like Tap Payments and Tabby, facilitates seamless integration with local payment rails such as Mada, KNET, and NAPS across all six GCC nations. The collaboration with Tabby specifically connects Yuno to over 25 million shoppers in Saudi Arabia and the UAE, enhancing its market penetration.

This expansion aligns perfectly with the accelerating growth of real-time payments in the Middle East, a region identified by ACI Worldwide as the world's fastest-growing market in this sector. Rasmal Ventures views Yuno as a critical infrastructure provider for these burgeoning trade corridors. "The Gulf is now one of the fastest-growing payments markets in the world, and its future runs along the region's new trade corridors, the same wallets, rails, and shoppers Yuno already connects," stated Soumaya Ben Beya Dridje, Partner at Rasmal Ventures. "We invested because Juan Pablo and his team are building the infrastructure those corridors need, and because they pair that global ambition with real financial discipline."

Yuno's Co-Founder and CEO, Juan Pablo Ortega, emphasized the company's strategic focus: "Most companies raise a Series B to buy growth. We're raising ours to meet our customers' growth, and extend our lead, with a clear line to profitability in the year ahead." The company's established client roster includes global brands such as McDonald's, NetEase Games, GoFundMe, inDrive, and Rappi, showcasing the platform's scalability and reliability for enterprise-level operations.

Rasmal Ventures, backed by entities including the Qatar Investment Authority (QIA), operates with a model focused on delivering tangible value to GCC-based companies prior to capital deployment. This approach positions them as a strategic partner, not just a financial investor. The investment in Yuno exemplifies this strategy, fostering a two-way flow of innovation between Gulf markets and international technology leaders across MENA, Türkiye, and Asia.