Omnispay Raises $2M Pre-Series A to Build an All-in-One SME Finance Platform
Omnispay, a UAE-based fintech, has raised $2 million in a pre-Series A round led by Infinity Value Capital Group to expand from rapid-settlement payments into a broader AI-native finance platform for SMEs.
Omnispay, a UAE-based fintech, has closed a $2 million pre-Series A round to expand from a rapid-settlement payments provider into a broader finance platform for small and medium-sized businesses. The company is building an AI-native system that unifies collect, pay, and borrow workflows — adding cash-flow management and embedded credit on top of its payments rails.
The round was led by Infinity Value Capital Group. Over the past year, Omnispay says it has doubled its customer base, quadrupled transaction volumes, and grown revenue 5.5x while keeping cost growth to 2.2x.
Founded in 2022 by Vimal Kumar, Praveen Kiran, and Simanta Das, Omnispay plans to use the capital to expand across the GCC — including an entry into Saudi Arabia — and to build out a network of distribution and lending partners for SME growth.
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Who is Omnispay?
Omnispay is Shariah-compliant SME payments and finance platform, based in Dubai, founded in 2022, operates in the Fintech sector.
How much has Omnispay raised?
Omnispay has raised $2M in disclosed funding to date according to the DXBStart company directory. Its most recent disclosed stage is Pre-Series A.
Where can I find more news about Omnispay?
The DXBStart company profile at dxbstart.com/company/omnispay aggregates every news story DXBStart has indexed about Omnispay, along with funding history, stage, status, and company details.