- Yuno and Snoonu’s MOU enhances payment efficiency in Qatar, expanding secure and flexible digital transactions.
- The partnership strengthens Yuno’s presence in the Middle East, supporting Qatar’s fintech and digital commerce growth.
- Snoonu will leverage Yuno’s payment orchestration technology to enhance customer experience and streamline operations.
Doha, Qatar – Yuno, a leading global payment orchestration platform, has joined forces with Snoonu, Qatar’s fastest-growing super app, to revolutionize digital payments in the country. The two companies signed a Memorandum of Understanding (MoU) at the Web Summit Qatar, marking a significant step toward enhancing payment security, efficiency, and accessibility in the region.
Strengthening Qatar’s Digital Payment Ecosystem
The MoU is a key milestone for Yuno’s expansion into the Middle East, following the establishment of its regional headquarters in Qatar. The partnership is set to empower Snoonu’s growing e-commerce and delivery platform, offering users more seamless and secure payment solutions.
Through this collaboration, Snoonu will integrate Yuno’s cutting-edge payment orchestration technology, allowing access to over 1,000 global and local payment methods through a single platform. This move aims to optimize payment processing, improve approval rates, and reduce transaction failures for users across Qatar.
Key Benefits of the Partnership
This strategic alliance brings multiple advantages to both businesses and consumers in Qatar:
- Expanded Payment Access: Yuno’s platform simplifies the acceptance and processing of multiple payment methods, offering customers greater flexibility.
- Smart Routing Technology: Payments are rerouted to the most efficient provider, ensuring higher approval rates and cost savings.
- AI-Powered Fraud Prevention: Yuno’s advanced AI-enabled security strengthens payment protection, reducing fraudulent transactions.
- Operational Efficiency: A centralized dashboard streamlines Snoonu’s financial operations, allowing better resource management.
Supporting Regional Digital Growth
The establishment of Yuno’s regional headquarters in Qatar reinforces its commitment to driving fintech innovation in the Middle East. This move aligns with Qatar’s National Vision 2030, which focuses on advancing digital commerce and financial technology.
Leadership Insights
Juan Pablo Ortega, CEO and Co-founder of Yuno, emphasized the strategic importance of this partnership:
“We are thrilled to collaborate with Snoonu, a leader in Qatar’s digital commerce. This partnership aligns with our mission to simplify global payments and support businesses in expanding efficiently.”
Hamad Mubarak Al Hajri, CEO of Snoonu, highlighted the benefits for consumers:
“At Snoonu, enhancing user experience is a priority. Partnering with Yuno allows us to provide seamless, secure, and flexible payment options to our customers.”
Yuno’s Global Expansion
Since its launch in Latin America in 2022, Yuno has rapidly scaled across Asia, Europe, and the U.S.. Expanding into the Middle East is a crucial step in its global strategy to enhance digital payment solutions worldwide.
Yuno’s continued expansion will see deeper local integrations and partnerships with leading fintech companies and financial institutions. This approach ensures greater adaptability and scalability in an evolving payment landscape.
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Last Updated on February 26, 2025 by Safiya K
