Deuna secures $30m in latest Series A round

California-headquartered fintech providing one-click checkout solution, Deuna, has raised $30 million in its recently-closed Series A fundraising round. Valour Capital, Abstract Ventures, Acrew Capital, Upload Ventures, and a number of private investors joined Activant Capital in leading the round.

The business has now raised a total of $37 million to date, including a seed round of $7 million in October 2021. Deuna is a software-as-a-service (SaaS) startup based in Palo Alto that was established in 2020 with the goal of providing clients with a one-click online checkout experience.

With the help of the company’s solution, merchants may convert and accept various payment methods while also making use of analytics and anti-fraud capabilities.

Deuna claims that at this time, its services are primarily targeted at the Latin American region. It intends to use the additional funds to further enhance its product line, hire new talent, and expand into Mexico, Colombia, Ecuador, and Chile.

The company claims that in order to advance the transition to “commerce 3.0,” their payment orchestration technology, anti-fraud skills, and “massive network of users” will “evolve e-commerce” throughout Latin America.