DST Global

Yuno Secures $25M, Planning Europe, Asia Expansion

Retrieved on: 
Tuesday, March 5, 2024

NEW YORK, March 5, 2024 /PRNewswire/ -- Yuno, a leading global payments orchestration platform, announces today it has secured $25 million from a consortium of prominent investors, including DST Global Partners, Andreessen Horowitz, Tiger Global, Kaszek Ventures and Monashees.Founded by experienced tech entrepreneurs Juan Pablo Ortega and Julián Núñez, Yuno offers its clients fast and reliable payments orchestration, helping revolutionize retail, e-commerce, travel, mobility, and other industries. Yuno already serves customers like McDonald's, Avianca, inDrive, Rappi, and others across 40 countries, offering innovative features such as one-click checkout modifications, smart routing, and the integration of information from all payment processors and anti-fraud tools into a unified interface.Funds raised in this Series A round will help further strengthen Yuno's operations in North and South America and enter new markets in Europe, Asia, and Africa. This should benefit Yuno's customers, who already value the company's innovative approach to integrating diverse payment methods, which is fueling their own growth by providing easy-to-use, reliable, and tailored solutions for different geographies.Juan Pablo Ortega, CEO and Co-founder at Yuno, commented: "This financial backing validates our vision and our ability to take the global payments industry into the future, helping fuel positive change across many different sectors of the economy. We are thrilled to bring our cutting-edge solutions to new markets."Julián Núñez, Co-founder at Yuno, added: ''Yuno is already successfully facilitating financial transactions in over 40 countries, highlighting our versatility and adaptability in meeting the diverse demands of the global market. This latest round of funding will play a pivotal role in advancing Yuno's technological infrastructure, expanding our team of exceptional professionals, and crafting innovative market strategies to strengthen our presence across different geographies.""We're happy to be supporting Yuno in the next phase of its growth," said Saurabh Gupta, managing partner at DST Global. "We're impressed by the entrepreneurial track record of its founders, the strong team and customer base they've built, and the company's proven ability to keep innovating in online payments."Contact:Yuno***@y.unoPhotos:https://www.prlog.org/13010184Press release distributed by PRLog

Key Points: 
  • Founded by experienced tech entrepreneurs Juan Pablo Ortega and Julián Núñez, Yuno offers its clients fast and reliable payments orchestration, helping revolutionize retail, e-commerce, travel, mobility, and other industries.
  • Funds raised in this Series A round will help further strengthen Yuno's operations in North and South America and enter new markets in Europe, Asia, and Africa.
  • Julián Núñez, Co-founder at Yuno, added: ''Yuno is already successfully facilitating financial transactions in over 40 countries, highlighting our versatility and adaptability in meeting the diverse demands of the global market.
  • "We're happy to be supporting Yuno in the next phase of its growth," said Saurabh Gupta, managing partner at DST Global.

Zebec Debuts in Japan with Innovative Payroll and Payments Fintech

Retrieved on: 
Tuesday, January 9, 2024

Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.

Key Points: 
  • Zebec , a category-defining fintech startup, proudly announces the launch of its advanced web3 payment and real-time payroll services in Japan.
  • "Zebec’s venture into Japan is logical; it's an opportunity for us to contribute to the country’s already advanced financial infrastructure," says Sam Thapaliya, founder of Zebec.
  • Wagelink and advanced payroll technology, modernizing traditional payroll with the inclusion of stablecoin salary payments and cross-border remittances, in partnership with global fintech firms Circle and Stellar.
  • In effect, across its suite of real-time payroll, micropayments and on-and-off ramps through the Zebec Instant Card, Zebec is a crypto payments superapp, integrating the blockchain into everyday lives.

Room to Read Welcomes New Board Leadership, Strengthens Organizational Focus on Africa and Technology Ahead of Next Strategic Plan

Retrieved on: 
Thursday, November 2, 2023

Based in the Gates Foundation's Ethiopia office, Piper supports grantees that improve foundational literacy and numeracy in India and sub-Saharan Africa.

Key Points: 
  • Based in the Gates Foundation's Ethiopia office, Piper supports grantees that improve foundational literacy and numeracy in India and sub-Saharan Africa.
  • Alongside program expansion, Room to Read’s next strategic plan is leveraging technology for organizational efficiency and improved learning outcomes.
  • As esteemed global business leaders, Lindfors and Cannon-Brookes bring critical technology acumen that will guide Room to Read through its next strategic plan.
  • Scott Kapnick, who has served on Room to Read’s global board of directors since 2008, has joined Room to Read’s Emeritus Board.

Connectly Raises $7.85 Million Series A Investment to Accelerate AI-Powered Conversational Commerce

Retrieved on: 
Tuesday, October 31, 2023

Connectly , the leader in conversational commerce, today announced its $7.85 million Series A investment led by Volpe Capital, with participation from RX Ventures and Saurabh Gupta, managing partner of DST Global.

Key Points: 
  • Connectly , the leader in conversational commerce, today announced its $7.85 million Series A investment led by Volpe Capital, with participation from RX Ventures and Saurabh Gupta, managing partner of DST Global.
  • “This investment marks a critical milestone in Connectly’s journey,” said Stefanos Loukakos, co-founder and CEO, Connectly.
  • Connectly’s innovative approach to AI-powered conversational commerce truly sets them apart in the market,” said Gabriel Marcassa, Partner, Volpe Capital.
  • Using Connectly, brands can have personalized, automated conversations that will dramatically reshape the fundamentals of commerce.”
    For more information on Connectly, visit www.connectly.ai .

Weee! Hires John Burry As Chief Merchandising Officer

Retrieved on: 
Thursday, December 8, 2022

FREMONT, Calif., Dec. 8, 2022 /PRNewswire/ -- Weee! (www.sayweee.com), the largest and fastest-growing ethnic e-grocer in North America, today announced that merchandising veteran John Burry has joined the company as Chief Merchandising Officer. Burry brings a wealth of experience building innovative brands, products and services that will be invaluable as Weee! continues to expand its immersive, social shopping experience. 

Key Points: 
  • ( www.sayweee.com ), the largest and fastest-growing ethnic e-grocer in North America, today announced that merchandising veteran John Burry has joined the company as Chief Merchandising Officer.
  • Burry brings a wealth of experience building innovative brands, products and services that will be invaluable as Weee!
  • Prior to that, he helped develop Tesco's retail businesses in the UK, Europe and the U.S. where he served as Chief Commercial Officer and Chief Customer Officer.
  • Burry will bring a unique combination of merchandising skill and innovative thinking to Weee!, overseeing an in-house team that is bringing the brand vision to life.

Splash Honored by Goldman Sachs for Entrepreneurship

Retrieved on: 
Thursday, October 13, 2022

CLEVELAND, Oct. 13, 2022 /PRNewswire/ -- Goldman Sachs (NYSE:GS) is recognizing Splash Financial Founder and CEO Steve Muszynski as one of the Most Exceptional Entrepreneurs of 2022 at its Builders and Innovators Summit in Healdsburg, California.

Key Points: 
  • Goldman Sachs selected Muszynski from multiple industries to be honored at the two-day event.
  • For nearly a decade, Muszynski's focus on innovation has helped Splash navigate challenging, unprecedented market dynamics and fueled impressive growth.
  • Under his leadership, Splash has raised over $70 million in venture capital and was honored as one of America's Best Startup Employers in 2022 by Forbes.
  • "I'm honored to have been recognized as among the Most Exceptional Entrepreneurs at 2022 Builders and Innovators Summit," said Muszynski.

Post Malone and Whatnot Offering $100K Prize for Live Magic: The Gathering Battle

Retrieved on: 
Thursday, July 28, 2022

“We built Whatnot with the ethos of offering hands-down the best experiences for the most passionate enthusiasts, hobbyists, and collectors. Post Malone, both as an artist and as a person, fits perfectly into this growing and supportive community,” said John Walters, Head of Special Projects. “As a multi-talented artist with skills that extend beyond music -- and as an avid Magic: The Gathering player and formidable opponent -- we're looking forward to seeing him battle it out live with one of our dedicated fans."

Key Points: 
  • On August 4, 2022, Post Malone will select one winner via a Whatnot livestream at postmalone.whatnot.com to play him in a game of Magic: The Gathering for a cash prize of $100K.
  • If the winner is unfamiliar with Magic: The Gathering, Whatnot will enlist expert Reid Duke to help train the participant before battling Post Malone IRL.
  • I absolutely love Magic: The Gathering and I cant wait to link up with Whatnot and battle it out with the winner, says Post Malone.
  • We built Whatnot with the ethos of offering hands-down the best experiences for the most passionate enthusiasts, hobbyists, and collectors.

Whatnot raises $260M Series D co-led by DST Global and CapitalG to expand its live, social commerce marketplace

Retrieved on: 
Thursday, July 21, 2022

For two years in a row, Whatnot has been the fastest growing independent marketplace in the US.

Key Points: 
  • For two years in a row, Whatnot has been the fastest growing independent marketplace in the US.
  • Whatnot is the US leader in social shopping, which is a $600B market in China and doubling annually.
  • Whatnot provides live shopping experiences for popular collectibles categories such as sneakers, trading cards, sports cards and memorabilia, rare toys, and more.
  • Whatnot is backed by DST Global, CapitalG, BOND, Andreessen Horowitz, and YC Continuity.

Dave Clark to Join Flexport as Chief Executive Officer

Retrieved on: 
Wednesday, June 8, 2022

SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- Flexport, the technology platform for global logistics, today announced that Dave Clark will become CEO and join the company's board of directors on September 1, 2022. Ryan Petersen, Flexport's founder and current CEO, will serve as co-CEO for six months after Clark's appointment to ensure a smooth transition. In March 2023, Petersen will then assume the role of Executive Chairman to focus on the company's long-term vision and strategy.

Key Points: 
  • SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- Flexport, the technology platform for global logistics, today announced that Dave Clark will become CEO and join the company's board of directors on September 1, 2022.
  • In March 2023, Petersen will then assume the role of Executive Chairman to focus on the company's long-term vision and strategy.
  • Under his leadership over the last nine years, Flexport has grown from a digital freight forwarder to a leading technology platform for global trade," said Dave Clark.
  • In 2022, Flexport was named #1 on CNBC's Disruptor 50 List as well as one of Fast Company's Most Innovative Companies .

SpotOn Raises $300 Million in Series F Funding Led by Dragoneer Investment Group; Transaction Values Company at $3.6 Billion

Retrieved on: 
Wednesday, May 18, 2022

The company will use the funding to further develop technology products that enable businesses to meet the evolving needs of today's consumer.

Key Points: 
  • The company will use the funding to further develop technology products that enable businesses to meet the evolving needs of today's consumer.
  • The round was led by Dragoneer Investment Group , LLC (Dragoneer Investment Group), a growth-oriented investment firm, with continued participation from existing investors including Andreessen Horowitz (a16z), DST Global, Franklin Templeton, and Mubadala Investment Company, as well as new investor, G Squared.
  • The funding comes eight months after SpotOn's Series E and increases its valuation to $3.6 billion.
  • This is Dragoneers sixth investment in SpotOn over the last 3 years, and the first time it has led the investment round.