Yuno hires Miguel Duarte Fernandes as head of growth and commercial for Europe

Yuno, the world’s leading payment orchestration platform, today announces the appointment of Miguel Duarte Fernandes, as its SVP, Head of Growth and Commercial for Europe, further expanding its geographic footprint.

  0 Be the first to comment

External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

This strategic hire marks a significant step in strengthening Yuno’s global presence and accelerating the company’s expansion into Europe. The region’s e-commerce revenue is forecast to reach $721.30bn in 2025 and continue to expand more than 7% annually for the next four years, fueling further demand for payments orchestration.

Miguel brings with him over 20 years of experience in the payments industry, having previously held roles at Checkout.com, PayPal, Braintree, and SIBS, where he established partnerships with merchants across Europe’s top online payment verticals, including travel, fashion, retail, marketplaces, and digital services, helping them to optimize payment strategies and unlock their full growth potential.

Throughout his illustrious career, Miguel has recognized a recurring challenge: merchants are often limited by dependence on a single acquirer or gateway, which might not be the best for each new geography they enter. Yuno helps solve this pain point by providing merchants with access to multiple providers and over 300 payment methods through a single integration and a user-friendly interface. This includes locally relevant alternative payment methods, making it easier for businesses to accept the most popular payment options in each market while ensuring that all transactions are reliable and cost-efficient.

Juan Pablo Ortega, Co-founder and CEO at Yuno, commented:
“We are thrilled to welcome Miguel to the Yuno team. His expertise and deep understanding of the payments ecosystem will be crucial in accelerating our mission to empower merchants globally. Yuno has already made a significant impact, helping clients across the world to simplify payments and deliver better user experiences. With offices in Singapore, China, Colombia, Brazil, Mexico, and the United States, we are now doubling down on Europe as the next key phase of our global expansion. We’re committed to providing businesses with the best payment solutions, and Miguel’s proven track record and passion for empowering businesses will be invaluable as we continue to grow in this key region.”

Miguel Duarte Fernandes, SVP, Head of Growth and Commercial for Europe at Yuno, commented:
“Yuno is solving one of the most pressing challenges in the payments ecosystem: empowering merchants with seamless access to the best acquirers, gateways, and alternative payment methods (APMs) globally through a single integration. By eliminating the constraints of traditional manual payment setups, Yuno enables businesses to scale effortlessly and unlock their full potential. I’m thrilled to join a team that is reimagining payments for the 21st century and helping merchants achieve unparalleled success.”

Miguel will be based in Lisbon, Portugal, and oversee all of Europe as part of his remit, further strengthening Yuno’s global presence alongside the company’s existing leadership teams in Asia and the US. The company’s global growth is bolstered by support from top-tier investors, including Andreessen Horowitz, Tiger Global, DST Global Partners, Kaszek Ventures, and Monashees, fueling its expansion across Asia, Europe, the Middle East, and Africa.

Sponsored [New Report] UK Open Banking API Performance 2023-2024

Related Company

Comments: (0)

[New Report] UK Open Banking API Performance 2023-2024Finextra Promoted[New Report] UK Open Banking API Performance 2023-2024