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Veem Stock

Payment Service Provider (PSP)



Notable Investors

Goldman Sachs Principal Strategic Investments


San Francisco CA, US

Total Funding


About Veem Stock

Veem is a next-generation payment service provider (PSP) for global commerce. Veem provides a platform that enables small businesses to send and receive payments in local currency. Veem claims that its use of blockchain as a payment rail eliminates the need for intermediary banks and reduces costs for small- and medium-sized businesses. It converts the sender’s funds into bitcoin, selling the digital currency at an exchange for the desired currency of the recipient.

Veem was founded in 2014 and is based in San Francisco, California in Ottawa, and Shanghai. Veem is backed by investors including 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$18.0M
August 2018$7.0M
July 2020$444K
July 2020$45.1M


Chief Executive Officer

Marwan Forzley

Chief Technology Officer

Jonas Edgeworth


Other Companies

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