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Veem Stock

Payment Service Provider (PSP)

Founded

2014

Notable Investors

Goldman Sachs Principal Strategic Investments

Headquarters

San Francisco CA, US

Total Funding

$109M

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

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

Other Companies

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Some data provided by Crunchbase

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