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2-year-old LatAm fintech Yuno reaches $150M valuation with backing from DST, Tiger, a16z

The company provides over 300 payment methods with fraud detection capabilities, one-click checkout and advanced smart routing technology.

The company launched its product in October 2022 to provide a wide array of payment methods — over 300 actually — with fraud detection capabilities, one-click checkout and advanced smart routing technology. Similar to Yuno grabbing capital from top investors, Simetrik, also based in Colombia, is developing a payments infrastructure and is now backed by Goldman Sachs. Many of Yuno’s competitors focus on solving payment orchestration for small and medium businesses, and not many were building the infrastructure for large enterprises, Ortega says.

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