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Veem
Payment service provider
- 101-200 employees
- B2B
- Payments
- Financial Services
- Blockchain
- North Beach, San Francisco, CA
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Company mission
To revolutionize the legacy financial payment system by offering enterprise level financial services and negotiating power to the small businesses who need it most.
-2% employee growth in 12 months
Our take
Veem is a payments provider helping small and medium-sized businesses save time and optimize their cash flow by simplifying the way in which they send and receive payments domestically, as well as internationally. This includes a global Veem Wallet that enables customers to store balances and send payments anywhere in the world. In addition to the wallets, Veem also supports payments to bank accounts that are linked to international debit cards.
The company started with the intention of making business payments as easy as sending an email, and to date, is trusted by hundreds of thousands of businesses in over 100 countries, positioning it as a market leader in automating accounts payables and receivables for businesses.
With multiple funding rounds under the company's belt, it has raised funds from an expansive global investor base, supported by forward-looking banks and major venture capital firms that share in being committed to better enabling global commerce for SMBs. Through the capital gained, Veem has been able to expand its growth globally and continues to grow its name as a market leader.
Steph
Company Specialist at Welcome to the Jungle
Company values
- Move fast, learn fast, innovate: Concentrate on a creative solution, find the fastest possible way to remove uncertainty, identify the best people to accomplish it, and don’t accept roadblocks getting there.
- Integrity without compromise: Hold yourself to the highest standards and have pride in your work. Work hard together with intellectual honesty, wisdom and real-time communication. We transfer people’s money, and nothing should jeopardize their trust in us.
- Embrace the adventure: Don’t be shy. Embrace the natural chaos of a hard-charging and disruptive startup and have fun doing it. We are all authorized to do what is necessary to pursue the best option for growth while taking care of our customers.
- Customer forward: Develop and deliver a customer informed, simply magical experience that business owners love.
- One team, one Veem: Directly engage with each other to solve the customers’ problems. We rise or sink together, as one team. Not as departments, nor as individuals.
Funding (last 2 of 7 rounds)
Sep 2020
$31m
LATE VC
Sep 2018
$25m
LATE VC
Total funding: $100.3m
This company has top investors
Leadership
Marwan Forzley
(CEO)Experienced Financial Technology Advisor and Entrepreneur. Previously the CEO at MODASolutions and eBillme.
Aldo Carrascoso
(COO)Co-founded InterVenn, Jukin Media, Coalescent Resourcing and Verego.