Veem Stock

Payment Service Provider (PSP)

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Notable Investors

Goldman Sachs Principal Strategic Investments


San Francisco CA, US

Total Funding


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.


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


Chief Executive Officer

Marwan Forzley

Chief Financial Officer

Pramod Iyengar


thepaypers - Sep, 25 2023

Veem introduces the Visa virtual card

million-click - Nov, 25 2022

omega xl reviews

thepaypers - Oct, 25 2021

Veem, Q2 partner for AR/AP solutions

thefintechtimes - Oct, 3 2021

REPAY Announces Investment in Veem

dlvr - Jun, 29 2021

$4.5m for WA manufacturers

americanbanker - Sep, 17 2020

Truist launches a venture capital unit

bankonitpodcast - Aug, 18 2020

Episode 340 Marwan Forzley from Veem

lendacademy - Jun, 27 2020

Podcast 253: Marwan Forzley of Veem

strictlyvc - Feb, 20 2017

StrictlyVC: November 17, 2015

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