- UAE-based omnispay raised USD 2M in a pre-series round to expand its AI-native platform addressing SME cash flow and financing needs.
- Founded in 2023, the fintech offers integrated Collect, Pay, and Borrow tools enabling faster settlements, liquidity management, and embedded credit access.
- The new funding will support product expansion, AI capabilities, and GCC growth, with partnerships already underway to enter Saudi Arabia.
omnispay
UAE-based fintech,omnispay, raised USD 2 million in a pre-series funding round led by Infinity Value Capital Group. The fintech is an all-in-one finance platform aiming to solve persistent SME cash-flow challenges.
Founded in 2023 by Vimal Kumar, Praveen Kiran, and Simanta Das, UAE-based fintech omnispay is an AI-native SME finance platform. It aims to simplify SME cash-flow management through its all-in-one Collect, Pay, and Borrow platform. Through combining AI-driven technology with regional expertise, it seeks to enable faster settlements, access to credit, and scalable growth for SMEs.
“We are building a system that understands business operations in real time and responds with a meaningful payments experience, insightful analytics, and tailored credit, positioning omnispay as the default financial layer for small businesses across the GCC and beyond,” said Vimal Kumar, Co-founder and CEO of omnispay.
SME Financing
Looking ahead, with the funding, it aims to accelerate its evolution from rapid merchant settlements into an AI-native SME finance platform. The company is expanding into integrated Collect, Pay, and Borrow workflows. This seeks to enable SMEs to manage liquidity and access embedded credit as they scale. Additionally, it plans to expand further across the GCC, with partnerships supporting entry into Saudi Arabia.
“This investment accelerates our transition to an AI-native SME finance platform, enabling us to re-architect how small businesses experience finance and transform cash flow from a daily struggle into a strategic advantage,” said Vimal Kumar, Co-founder and CEO of omnispay.
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