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Yuno Continues to Expand U.S. Presence in Global Growth Strategy, Welcomes Key New Hire
Yuno, the world’s leading global payment orchestrator, proudly announces the appointment of Jonathan Summerton as its new SVP of Enterprise Commerce, marking a significant step in its ongoing expansion across the United States (U.S.).
Under the leadership of Carol Grunberg, Yuno’s Chief Business Officer, Jonathan Summerton will advance the company’s commitment to revolutionizing global cross-border commerce, expanding their already impressive presence in over 80 countries.
Yuno is setting a new standard. The platform’s seamless, efficient payment infrastructure empowers businesses to expand their reach, reduce costs, and significantly boost transaction approval rates.
Summerton brings a wealth of experience from his previous leadership roles at Transfast (a Mastercard company), Thunes, and Northwestern Mutual, where he served as Head of Payments and Money Movement. His expertise is expected to greatly enhance Yuno’s enterprise relationships and further empower businesses in the U.S.
Carol Grunberg, Chief Business Officer at Yuno, commented on the new appointment: “I am thrilled to welcome Jonathan to our team. His deep industry knowledge and proven ability to foster growth make him an invaluable asset to Yuno as we continue to transform the U.S. payment landscape. Together, we look forward to continuing to innovate and deliver exceptional results for our partners and clients.”
Jonathan Summerton, SVP of Enterprise Commerce at Yuno, shared this enthusiasm: “Joining Yuno during such a pivotal phase in its U.S. market expansion is incredibly exciting. I am eager to advance Yuno’s mission of revolutionizing payment orchestration and to empower our clients with our advanced, streamlined payment solutions. Together, we will unlock new business opportunities across the nation.”
Underscoring the growing importance of the US market within the Yuno ecosystem, Carol Grunberg will be speaking at the Fintech South conference in Atlanta, Georgia on August 28th, where industry leaders will converge to discuss cutting-edge financial technology trends and innovations.
This strategic expansion is supported by Yuno’s recent $25 million Series A funding, led by industry giants like DST Global Partners, Andreessen Horowitz, and Tiger Global, which will further fuel the company’s ambitious growth plans in the United States as well as across Asia, Africa, and Europe.
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Nuvo and Avalara Launch AI Integration to Eliminate Tax Compliance Gaps and Accelerate B2B Customer Onboarding
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TSAM London: FE fundinfo on Mastering Data and Unifying Operations in Asset Management
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Reap and TerraPay Partner to Expand Local Payout Corridors Globally
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