Omnispay, a fintech company based in the UAE that helps small and medium businesses with payments, has raised $2 million in a Pre-Series A funding round. The round was led by Infinity Value Capital Group.
The new funding will help Omnispay grow beyond just fast payment settlements. The company plans to build a full SME finance platform, offering tools for cash-flow management and embedded credit, allowing businesses to collect money, make payments, and borrow—all in one system.
In the past 12 months, Omnispay has seen strong growth. Its customer base doubled, transaction volumes increased four times, and revenue grew 5.5 times, showing strong demand from businesses.
Despite rapid growth, Omnispay kept costs under control, with expenses rising only 2.2 times. The company says this success comes from using data-driven decisions and focusing heavily on delivering a smooth and reliable experience for merchants.
At the heart of Omnispay’s platform is ARIES, its in-house AI system. This technology tracks transactions in real time to reduce credit and fraud risks, helping keep payments secure. The company also reports a Net Promoter Score above 60, showing high satisfaction among small and medium businesses.
Omnispay says its platform helps businesses manage cash better and improve liquidity. By receiving money faster, merchants are able to run their operations more smoothly and plan for growth.
One of Omnispay’s customers, GForm, a project management company based in the UAE, used Omnispay’s next-day settlement feature to solve cash-flow challenges. This helped the company fund and support the expansion of its physical operations.
With the fresh funding, Omnispay plans to grow across the GCC region, including entering Saudi Arabia. The company also aims to build strong partnerships with distribution and lending players to better support SME growth across the region.
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