Omnisient, a South African startup focused on privacy-preserving data collaboration, has raised $7.5 million in Series A funding from Arise, an investor in African financial service providers and fintechs. The startup announced the funding on August 27.
The investment will fuel Omnisient’s expansion into markets in Africa, the UK, the US and the Middle East. It will also allow Omnisient to partner with larger data providers, expanding financial services access globally.