Qatar's Rasmal Ventures Joins Yuno's $45M Fintech Funding Round

Key Takeaways & Executive Summary

Quick 60-second summary for financial decision makers

Shariah Reviewed & Verified

✓Qatar's Rasmal Ventures joins Yuno's US$45 million Series B round, strengthening Middle East participation in global fintech.
✓The investment will expand payment infrastructure while maintaining Islamic finance compliance.

Primary Topic: FintechAl Huda Research Advisory

Islamic Finance Player Joins Global Payments Investment

Qatar-based Rasmal Ventures has participated in Yuno's US$45 million Series B funding round, marking another strategic move by Middle Eastern investors in global fintech infrastructure. The Colombia-founded payments platform secured investment from prominent backers including Andreessen Horowitz, Tiger Global, and Qatar's Rasmal Ventures.

Strategic Expansion in Payment Solutions

Yuno's unified API platform connects merchants to over 1,000 payment methods across 190 countries, with intelligent routing and fraud prevention capabilities. The new funding will accelerate product development including agentic commerce solutions and banking sector integrations, while maintaining compliance with Islamic finance principles in relevant markets.

Middle East's Growing Fintech Influence

Rasmal Ventures' participation continues Qatar's strategic investments in financial technology infrastructure. The Doha-based firm joins UAE's Further Ventures in this round, reflecting the Gulf region's increasing role in shaping global payment ecosystems while adhering to Sharia-compliant investment frameworks.

Source: Fintech News UAE (Dubai)View original source

Frequently Asked Questions

Yuno provides a unified API connecting businesses to 1,000+ payment methods across 190 countries. The platform includes intelligent routing, fraud prevention, and compliance features suitable for Islamic markets.

Rasmal's participation demonstrates Qatar's strategic approach to fintech investments that align with Islamic finance principles. It strengthens Middle East influence in global payment infrastructure development.

The US$45 million will accelerate product expansion including agentic commerce solutions and banking sector integrations. Funds will support global growth while maintaining compliance frameworks for Islamic markets.

Stay Informed

Get Islamic finance insights in your inbox

Weekly market updates and Shariah-compliant guides. No spam.