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South African fintech Omnisient raised $7.5 million in a Series A funding round led by Arise to enhance financial inclusion through alternative consumer data.

Aug 27, 2024over 1 year ago

Amount Raised

$7.5 Million

Round Type

series a

DoverFinanceFintechAnalytics

Investors

Arise

Description

Omnisient has secured a $7.5 million investment from Arise to expand its operations and partner with larger data providers. The funding will help the company drive financial inclusion by allowing banks and insurers to better serve underserved populations globally.

Company Information

Company

Omnisient

Location

Dover, Delaware, United States

About

Omnisient is transforming financial inclusion by building the world’s largest repository of new alternative data for the financial services industry. As trusted data matchmakers, we connect Financial Services and Consumer Brands within a secure, privacy-preserving data collaboration environment. Through this trusted ecosystem, we unlock the power of consumer data to help expand access to financial services for millions of people around the world.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers