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.
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.
08/27/24, 8:56 AM
Location
cape townMoney raised
$7.5 million
Industry
fintech
analytics
Round Type
series a
Investors
Arise
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 Info
Location
cape town, western cape, south africa
Additional Info
Omnisient is a South African fintech startup that launched in December 2019, specializing in privacy-preserving data collaboration. Their platform allows data owners to extract insights securely while maintaining consumer privacy. Omnisient supports 160 million consumer profiles and aids in credit risk assessments, facilitating access to financial services for underserved individuals. The company aims to enhance financial inclusion through the use of alternative consumer data.