Yuno Continues to Expand U.S. Presence

Yuno Continues to Expand U.S. Presence
Yuno Continues to Expand U.S. Presence

Hey Payments Fanatic!

Yuno, a global leader in payment orchestration, announced the appointment of Jonathan Summerton as the new Senior Vice President of Enterprise Commerce. This strategic hire marks a pivotal moment in Yuno's aggressive expansion within the United States market.

Jonathan Summerton will be working under the guidance of Carol Grunberg, Yuno's Chief Business Officer. Together, they aim to enhance Yuno's mission of transforming global cross-border commerce.

Currently, Yuno's payment solutions are utilized in over 80 countries, and this new leadership addition will further solidify their presence and capabilities in this domain.

Yuno is rapidly setting a benchmark in the industry with its cutting-edge, efficient payment infrastructure. The platform empowers businesses to broaden their global reach, cut operational costs, and significantly improve transaction approval rates.

Summerton, with a robust background in payments and financial services from his previous roles at Transfast (a Mastercard company), Thunes, and Northwestern Mutual, brings invaluable experience to Yuno. His expertise is expected to strengthen Yuno’s enterprise relationships and drive the company’s growth in the U.S. market.

This strategic expansion is bolstered by Yuno’s recent $25 million Series A funding round, which included investment from industry heavyweights like DST Global Partners, Andreessen Horowitz, and Tiger Global.

These resources will propel Yuno's ambitious growth plans not only in the United States but also across Asia, Africa, and Europe.

Enjoy more Payments industry updates I listed for you below and I'll be back in your inbox tomorrow!

Cheers,

Marcel


ACI Worldwide

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