Yuno Unveils Payout at Money 20/20, Revolutionizing Payment Orchestration With First of its Kind End-To-End Solution for Merchants
Las Vegas – Yuno, the world’s leading payment orchestrator, today announces the launch of Payout, a groundbreaking new feature designed to simplify the full spectrum of global payment work streams for merchants. With this feature, the Yuno platform now handles both pay-outs and pay-ins, making it possible for all payment flows to be managed and optimized with one user-friendly, end-to-end solution.
Payout enables businesses to quickly transfer funds to suppliers and clients worldwide by connecting them to a diverse range of payout providers through a single API integration. For example, U.S. merchants can now quickly pay sellers in APAC, while European businesses can swiftly distribute funds to Latin America and Middle East customers. This single integration alleviates the burden of managing multiple pay-out and pay-in methods in-house, so merchants are no longer required to go through the complex process of contacting each provider individually. It also helps to reduce costs and increase efficiency, frees up resources within internal tech teams, and enables merchants to scale more quickly across geographies.
Yuno Co-founder and CEO Juan Pablo Ortega unveiled Payout at Money 20/20 USA—the largest global fintech conference, drawing more than 13,000 attendees from more than 3,000 companies annually—alongside James Stack, Yuno’s Head of Product. Juan Pablo is scheduled to give a presentation on fintech trends and digital adoption at the conference.
Juan Pablo Ortega, Co-founder and CEO of Yuno, commented:
“Payout is a game-changer for businesses operating across regions. At Yuno, we’ve always focused on simplifying payment processes, and Payout takes that vision further by addressing global transfers and disbursements. This new feature elevates our offering by providing merchants with complete end-to-end orchestration, freeing them from the burden of managing multiple provider integrations while enabling them to reduce costs and optimize their payment operations easily. We’re excited to see the positive impact this will have on merchants worldwide.”
James Stack, Head of Product at Yuno, added:
“One of the biggest pain points for merchants has been the complexity of integrating with multiple pay-out and pay-in providers, each with different requirements and API standards. With Payout, we’ve solved this by offering a single integration that handles all the heavy lifting for outgoing and incoming payments. Merchants can now connect to various providers through one API and use our routing module to intelligently direct payouts to the best provider for each transaction. This solution delivers operational efficiency, cost savings, and, most importantly, simplicity, allowing merchants to focus on growing their business instead of managing payments.”
Payout’s integration into Yuno’s existing platform will benefit merchants across a wide range of industries, as they will for the first time be able to manage and optimize their entire payment ecosystem, from receiving payments (PayIns) from customers to managing payouts to suppliers and partners, all within a single, user-friendly platform. This includes online marketplaces, task management, ridesharing, and other gig economy platforms.
Marketplaces, for example, can now leverage Yuno’s platform to offer merchants access to a wide range of popular local payment methods and seamlessly manage their payouts to thousands of international vendors through a single integration. This eliminates the need for multiple provider setups while increasing efficiency and decreasing the complexities of arduous tasks for teams managing varying regional specificities and revenue-sharing percentages. It also drastically reduces administrative overhead, prevents payment delays, and strengthens vendor relationships.
Task management, ridesharing, and other gig economy platforms, meanwhile, can leverage Yuno to collect and disburse funds to freelancers and on-demand workers worldwide, optimizing for each stage of the payment flow with the ability to have full control over parameters that make sense for their particular business, including customizable payment frequency, percentage terms, and validation rules. This dramatically reduces the complexities of these transactions, saving merchants time, reducing costs, and boosting worker satisfaction and retention.
Payout aligns with Yuno’s broader vision of becoming the ultimate global payment orchestration platform, offering unified solutions for all payment needs. Earlier this year, Yuno secured $25 million in a Series A funding round led by DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures, and Monashees to fuel its expansion plans across Europe, Asia, the Middle East and Africa.
