{"id":40727,"date":"2025-02-24T16:49:15","date_gmt":"2025-02-24T13:49:15","guid":{"rendered":"https:\/\/entarabi.com\/?p=40727"},"modified":"2025-02-24T17:10:18","modified_gmt":"2025-02-24T14:10:18","slug":"uae-based-omnispay-secures-1-5-million-in-seed-funding","status":"publish","type":"post","link":"https:\/\/entarabi.com\/en\/2025\/02\/uae-based-omnispay-secures-1-5-million-in-seed-funding\/","title":{"rendered":"UAE-Based Omnispay Secures $1.5 Million in Seed Funding"},"content":{"rendered":"
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  • $1.5 million in Seed funding<\/strong> led by Mercatus Capital<\/strong>.<\/li>\n
  • Accelerating digital transformation for SMEs<\/strong> across the Gulf region.<\/li>\n
  • Over 1,600 businesses onboarded<\/strong> with a 40% monthly growth in transaction volume<\/strong>.<\/li>\n<\/ul>\n

    Omnispay<\/strong>, a UAE-based FinTech startup specializing in SME payments<\/strong>, has raised $1.5 million in Seed funding<\/strong> led by Mercatus Capital<\/strong>, with participation from regional and international investors<\/strong>.<\/p>\n

    The funding will accelerate Omnispay\u2019s mission to empower SMEs<\/strong> and drive digital transformation<\/strong> in the Gulf region<\/strong>, helping businesses streamline payments, collections, and cash flow management<\/strong>.<\/p>\n

    Bridging the SME Payments Gap in the Gulf<\/strong><\/h3>\n

    Omnispay is addressing a critical gap in B2B payments<\/strong> in the Gulf, where less than 5% of transactions are digital<\/strong>, despite a market opportunity exceeding $1.5 trillion annually<\/strong>. The platform integrates payment collection, disbursement, and financing<\/strong> into a single solution<\/strong>, reducing transaction costs and simplifying cash flow management for SMEs.<\/p>\n

    According to the company\u2019s press release<\/strong>, Omnispay has successfully onboarded over 1,600 businesses<\/strong>, with a 40% month-over-month growth in processed transactions<\/strong>. The platform supports English, Arabic, and Malayalam<\/strong>, making it accessible to SMEs in the UAE. Notably, 40% of users are accepting digital payments for the first time<\/strong> through Omnispay.<\/p>\n

    Vimal Kumar, Co-founder & CEO of Omnispay, <\/strong>stated that SMEs make up 94% of all businesses in the UAE and contribute 40% to the GDP.<\/em><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/article>\n","protected":false},"excerpt":{"rendered":"

    $1.5 million in Seed funding led by Mercatus Capital. Accelerating digital transformation for SMEs across the Gulf region. Over 1,600 businesses onboarded with a 40% monthly growth in transaction volume. Omnispay, a UAE-based FinTech startup specializing in SME payments, has raised $1.5 million in Seed funding led by Mercatus Capital, with participation from regional and […]<\/p>\n","protected":false},"author":37,"featured_media":40724,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"post_subtitle":"","footnotes":""},"categories":[1810],"tags":[7334,7333],"class_list":["post-40727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fintech","tag-mercatus-capital-en","tag-omnispay-en"],"_links":{"self":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/users\/37"}],"replies":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/comments?post=40727"}],"version-history":[{"count":0,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/posts\/40727\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media\/40724"}],"wp:attachment":[{"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/media?parent=40727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/categories?post=40727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entarabi.com\/en\/wp-json\/wp\/v2\/tags?post=40727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}