One-click Checkout eCommerce Startup, DEUNA Raises $30 Million
Activant Capital, Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures, and a collection of angel investors from firms like Plaid, Kavak, Jeeves, Xepelin, iFood, and R2 announced a $30 million Series A fundraising round for one-click checkout eCommerce startup DEUNA.
A $7 million seed round in October 2021 was included in the $37 million total raised by the business.
In order to give businesses access to more than 3 million customers, DEUNA offers a payments infrastructure that interacts with well-known payment processors and other payment options.
The business is developing its own fraud technology with tailored rules for retailers to reduce payment fraud and denials.
Merchants can use DEUNA’s products to manage lifecycle management, fraud protection, and payment orchestration based on actionable user real-time information.
The checkout startup’s revenue has increased 120 times in the past year, and it has signed clients like KFC, Pappos, and Dunkin’ Donuts.