UAE-based fintech startup, Omnispay, said it has secured $1.5 million in a Seed round Led by Singapore-based Mercatus Capital, with participation from regional and international investors.

More to Know:

• Vimal Kumar, Simanta Das, and Praveen Kiran founded Omnispay in 2023
• The startup offers SMEs an all-in-one platform for collecting, paying, and managing cash flow.
• According to its statement, the fund will support its mission to support SMEs in the GCC.