Veem Stock
Veem is a next generation payment service provider (PSP) for global commerce.
About Veem Stock
Veem is a global payment company that offers solutions enabling small businesses to send and receive payments in local currency. Using blockchain as a payment rail, the company eliminates the need for intermediary banks therefore reducing costs for small- and medium-sized businesses. The company converts the sender’s funds into bitcoin, selling the digital currency at an exchange for the desired currency of the recipient. Align Commerce charges a rate of 1.9 – 1.5% depending on the size of its transactions. Launched in 2014, the company is based in San Francisco, California.
Funding History
| July 2014 | $1.3M |
|---|---|
| April 2015 | $1.5M |
| July 2015 | $5.0M |
| November 2015 | $12.5M |
| March 2017 | $24.0M |
| November 2017 | $0 |
| September 2018 | $25.0M |
Management
CTO
Jonas Edgeworth
Founder & Chief Executive Officer
Marwan Forzley
Head of Product
Cheung Tam
Chief Compliance Officer
Jay Hansen
Founder, Chief Technology Officer and Chief Operations Officer
Aldo Carrascoso
Vice President of Operations
Sheila James
Press
Veem opens up global payments platform to developers with new API
TechCrunch - Nov, 28 2017
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