One-click checkout ecommerce startup DEUNA announced a $30 million Series A funding round led by Activant Capital, with participation from Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures and a group of angel investors from companies including Plaid, Kavak, Jeeves, Xepelin, iFood and R2. The company has raised a total of $37 million, including a $7 million seed round in October 2021.
DEUNA provides a payments infrastructure that integrates with major payment providers and alternative payment methods, allowing merchants to access more than 3 million users. The startup is building its own fraud tech with custom rules for merchants that cuts down on payment fraud and denials.
With DEUNA, merchants can use the tools to handle payment orchestration, payment processing, fraud prevention and lifecycle management based on actionable user real-time analytics. To date, the checkout startup has grown revenue 120 times in the last year and brought on clients, including KFC, Pappos and Dunkin’ Donuts.
Co-founders Roberto Enrique Kafati Santos and Jose Maria Serrano started the company in 2020 and they plan to use the new capital to expand its presence in Mexico, Colombia, Ecuador and Chile. The startup will also focus on product development, go-to-market, adding employees to its team of 90 and entering new countries, like Brazil.
