OmniRetail OmniPay

OmniRetail is a Lagos-based B2B e-commerce platform whose fintech engine, OmniPay, is one of the most successful examples of African embedded SME finance. OmniPay processed over NGN 1.3 trillion (approximately USD 810 million) in transactions in 2024 and disburses approximately USD 4 million in monthly buy-now-pay-later inventory credit to small retailers using the OmniBiz platform. Critically, OmniPay maintains non-performing loan ratios below 0.5%, an order of magnitude better than typical consumer lending. OmniRetail reached EBITDA positive in 2023 and net profitable in 2024. The company integrates with 13 financial service providers and serves over 150,000 small retail stores in Nigeria.