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, 2024•over 1 year ago
Amount Raised
$7.5 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers