UAE-based fintech omnispay has successfully closed a $2 million pre-Series A funding round led by Infinity Value Capital Group. This new capital injection is set to fuel the company's strategic evolution from a rapid payments provider into a comprehensive financial platform for small and medium-sized enterprises (SMEs). The investment underscores growing confidence in omnispay's mission to solve critical cash-flow challenges for businesses across the GCC region.
A Strategic Shift in SME Finance
Founded in 2022, omnispay initially gained traction by addressing a common SME pain point: delayed payment settlements. The company disrupted the industry standard by offering a 24-hour payout model, significantly improving merchant liquidity. It is now expanding its vision to an all-in-one finance platform that integrates collect, pay, and borrow workflows for holistic cash-flow management.
The company's strategic focus has yielded impressive results over the past twelve months, demonstrating strong market fit and operational discipline. During this period, omnispay doubled its customer base, quadrupled its transaction volumes, and achieved a remarkable 5.5x increase in revenue. This substantial growth was managed efficiently, with operating expenses rising by only 2.2x, highlighting a scalable and sustainable business model.
Technology and Impact at the Core
Central to omnispay's platform is ARIES, its proprietary AI-powered risk engine that performs real-time transaction monitoring. This technology is crucial for managing both credit and fraud risks, enabling the company to offer advanced financial services securely. The platform's effectiveness and user-centric design are reflected in its Net Promoter Score (NPS), which exceeds 60, indicating high levels of customer satisfaction.
The tangible benefits for merchants are exemplified by the success of GForm, a UAE-based project management firm. By utilizing omnispay's next-day settlements, the firm overcame persistent liquidity constraints that were hindering its operations. This improved cash flow later enabled GForm to access working capital through the platform, directly funding the opening of a new branch and expanding its service footprint.
Vision for Regional Expansion
With the new funding, omnispay is poised for significant expansion across the Gulf Cooperation Council (GCC). The capital will be allocated towards further product development, particularly in building out its embedded credit capabilities. A key strategic priority is entering the Saudi Arabian market, where the company plans to establish a strong presence through a network of distribution and lending partners.
The leadership team is united in its vision to redefine SME finance through artificial intelligence and a deep understanding of business needs. Co-founder and CEO Vimal Kumar aims to transform cash flow from a daily struggle into a strategic advantage for small businesses. This mission is supported by a scalable, intelligent operations engine designed to adapt to the unique financial pulse of each new market.
This $2 million pre-Series A round marks a pivotal moment for omnispay, providing the resources to accelerate its product roadmap and regional growth. By combining rapid settlements with integrated financial tools, the company is well-positioned to become an indispensable partner for SMEs in the Middle East. Its AI-native approach promises to deliver a new standard for business finance, empowering entrepreneurs to scale their operations effectively.