UAE-based Fintech Omnispay Raises $1.5 Million Seed Round Led by Mercatus Capital

UAE-based fintech company Omnispay, which specializes in payment solutions for small and medium-sized businesses (SMBs), has secured $1.5 million in seed funding.

The round was led by Singapore-based venture capital firm Mercatus Capital, with participation from regional and international investors.

Omnispay plans to utilize the funding to accelerate its mission of empowering SMBs with an integrated platform for payments, collections, and cash-flow management, while supporting digital transformation initiatives across Gulf Cooperation Council (GCC) markets.