Veem Stock
Payment Service Provider (PSP)
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About Veem Stock
Veem is a payment service provider (PSP) for global commerce. Veem claims its platform enables small businesses to send and receive payments in local currency. Veem claims to use blockchain technology as a payment rail. Veem claims this technology eliminates the need for intermediary banks and reduces costs for customers.
Veem was founded in 2014 and is based in San Francisco, California, Ottawa, and Shanghai. Notable investors include GV, Goldman Sachs, and Pantera Capital.
Investors
Strawberry Creek Ventures
Goldman Sachs Principal Strategic Investments
Alumni Ventures Group
Lacework, Getaround, GrubMarket, Better.com, Groq, Pico, Divergent 3D, SonderMind, Plastiq, Accolade
Funding History
July 2015 | $7.4M |
---|---|
July 2015 | $6.0M |
December 2016 | $19.5M |
December 2016 | $2.0M |
July 2017 | $4.0M |
August 2018 | $7.0M |
August 2018 | $18.0M |
July 2020 | $444K |
July 2020 | $45.1M |
Management
Chief Executive Officer
Marwan Forzley
Chief Financial Officer
Pramod Iyengar
Press
finance - Dec, 13 2023
Mazall, Inc. is proud to announce the release of MazallPay™, a groundbreaking web and mobile application revolutionizing the global luxury watch trading industrynewswire - Oct, 12 2023
WooCommerce and Veem Partner to Extend B2B Payments to Merchantsnewswire - Sep, 26 2023
PSA Group and Veem Partner to Help Freight Forwarders Get Paid Fasterthepaypers - Sep, 25 2023
Veem introduces the Visa virtual cardnewswire - Sep, 21 2023
Veem Expands Its Real-Time Payment Capabilities by Introducing a Fee-Free Visa Virtual Card