Full-Time
Posted on 2/21/2025
Global payment platform for SMBs
No salary listed
Expert
Toronto, ON, Canada
Remote
Veem provides a platform for businesses to manage international payments easily and securely. It primarily targets small to medium-sized businesses (SMBs) that often struggle with traditional banking systems, which can involve high fees and slow transaction times. Veem uses blockchain technology to enhance the security and transparency of transactions, ensuring that payments are processed efficiently. The platform also integrates with various accounting software, simplifying financial management for its users. Unlike traditional banks, Veem offers competitive transaction fees, making it a more appealing option for SMBs. The company's goal is to improve global commerce by making cross-border payments simpler and more accessible.
Company Size
51-200
Company Stage
Late Stage VC
Total Funding
$100.3M
Headquarters
San Francisco, California
Founded
2014
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JazzCash, the premier fintech platform in Pakistan, has formed a strategic partnership with Veem, a San Francisco-based organization.
Instant payments have become a competitive imperative for financial institutions (FIs) of all sizes. As real-time payment adoption accelerates in the United States, a key trend is reshaping the landscape: multi-rail strategies. Banks are realizing they do not need to choose between The Clearing House’s private RTP® network and the Federal Reserve’s public FedNow® Service. Rather, they can gain more value by embracing both. This shift reflects rising consumer expectations for seamless, always-on payment experiences. It also highlights the need for resilience, flexibility and broader market reach
On April 23, LianLian Global formalized strategic partnerships with Veem, a leading B2B cross-border payments platform, and 12Victory, a prominent remittance service provider, at the event.
VEEM has recently secured a $1 million Defence Industry Development Grant, which will facilitate the installation of new manufacturing equipment in its expanded facility.
Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to extend business-to-business (B2B) payment capabilities to merchants using the WooCommerce platform. The partnership brings Veem’s B2B extension to the WooCommerce marketplace, allowing businesses to integrate payment collections into their checkout flow without incurring any interchange fees. This extension offers merchants the ability to manage their payables both domestically and internationally