UAE Fintech omnispay Raises $2M in Pre-Series A Led by Infinity VC

UAE-based SME payments fintech Omnispay has raised $2 million in a Pre-Series A round led by Infinity Value Capital Group, as it looks to expand beyond rapid settlements into a wider small-business finance platform.

Founded in 2022, Omnispay works with small and medium-sized businesses to simplify financial operations through integrated collect, pay and borrow workflows. The company has partnered with project management firm GForm to enable next-day settlements, helping ease cash-flow pressure for SMEs and support physical expansion.

The new funding will be used to support Omnispay’s transition from a fast-settlement product into a more comprehensive SME finance platform, with planned additions including cash-flow management tools and embedded credit. According to the company, this shift is aimed at addressing structural financing challenges faced by small businesses.

Over the past year, Omnispay reported doubling its customer base, quadrupling its processing volume, and increasing revenue by 5.5 times, while operating expenses rose by 2.2 times. The company also cited a Net Promoter Score of over 60 and highlighted its proprietary AI risk engine, ARIES, which monitors transactions in real time to support underwriting and risk assessment.

Looking ahead, Omnispay plans to extend its operations across the GCC, including entry into Saudi Arabia, and to build a broader network of distribution and lending partners as it develops its SME finance offering.