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.
Alumni Ventures Group
Lacework, Getaround, GrubMarket, Better.com, Groq, Divergent 3D, SonderMind, Plastiq, Accolade, Madison Reed
Goldman Sachs Principal Strategic Investments
Uber, Robinhood, Jet, Impossible Foods, Lacework, Slack, Snyk, SambaNova Systems, DocuSign, Gusto
Strawberry Creek Ventures
Total Access Fund
GrubMarket, Upstart, Humatics, Tempo Automation, Deserve, Veem, Freshly, SMART WIRES, Burrow, EverQuote
Chief Executive Officer
Chief Financial Officer
thepaypers - May, 3 2022Veem expands payment options for SMBs
thepaypers - Oct, 15 2021Veem and Visa collaborate for digital money movement capabilities
feedproxy - Sep, 24 2021REPAY announces strategic partnership with Veem
bit - Sep, 9 2021Bankers hit the street for Veem, Hazer Group raisings
dlvr - Jul, 21 2021Veem Launches New Invoicing, Collections Products
prnewswire - Jul, 20 2021Veem introduces product suite, offering no-fee end-to-end payment experience for domestic and cross border transactions
finextra - Jun, 2 2021Veem brings no-fee payments processing to Canada
dlvr - May, 3 2021Veem, Freightos Collaborate On Digital Payments For Global Freight
dlvr - Mar, 9 2021Veem Debuts No-Fee Domestic Payment Product
finledger - Sep, 16 2020Veem raises $31 million as B2B payments space continues to heat up
businessinsider - Sep, 16 2020We got an exclusive look at the pitch deck that payments startup Veem used to raise $31 million from VCs
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