UAE based fintech omnispay has closed a $2 million Pre-Series A funding round led by Infinity Value Capital Group as it seeks to expand its financial services for small and medium sized enterprises. The new capital will support the company’s transition from a rapid settlement payments provider to a broader SME finance platform.
From Payments to All in One SME Finance
Omnispay was founded in 2022 to simplify financial operations for SMEs, initially focusing on faster payment settlements compared with industry norms. Over the past year, the platform has helped companies access near real time payouts, reducing cash flow strain that many small businesses traditionally face. With this funding, omnispay aims to broaden its product suite to include integrated collect, pay and borrow workflows, enabling businesses to manage multiple aspects of their finances in one place.
At the core of the company’s offering is ARIES, omnispay’s proprietary AI powered risk engine. ARIES monitors transactions in real time to support underwriting, credit decisioning and fraud risk management. The platform also reports a Net Promoter Score above 60, indicating strong customer satisfaction among SMEs using its services to improve liquidity and streamline financial processes.
Growth Metrics and Performance
In the last 12 months, omnispay has experienced rapid growth. The company has doubled its customer base and quadrupled processing volumes, reflecting increasing adoption of its technology among small businesses across the UAE. Meanwhile, revenue has increased by approximately 5.5 times while operating expenses have grown at a slower rate, showing disciplined execution alongside expansion.
Strategic Use of Funding
The Pre-Series A funds will be used to accelerate product development, enhance omnispay’s AI and analytics capabilities, and support market expansion across the Gulf Cooperation Council region, including plans to enter Saudi Arabia. The company also intends to build a broader ecosystem of distribution and lending partners to support its vision of a comprehensive financial platform tailored to SME needs.
Addressing SME Cash Flow Challenges
SMEs often face structural challenges in accessing finance and managing cash flow due to fragmented financial tools and lengthy settlement periods. By combining payments, lending and cash flow management in one platform, omnispay aims to reduce these barriers and help small businesses operate more efficiently. The funding round reflects investor confidence in this all in one approach to SME finance.
