V

Veem

Blockchain-powered global payments for SMBs

Head of Risk, Payments

Full-Time
No salary listed
Expert
Remote in USA+1 moreMore locations: Remote in Canada
RemoteRemote role associated with the San Francisco Bay Area or Toronto.
Risk & ComplianceRegulatory Compliance & Ethics, Financial Crime & AML

About the job

Requirements
  • 10+ years of experience in risk, compliance, or fraud within payments, fintech, or financial services.
  • Leadership experience across risk and compliance programs for payment products, ideally in a global company.
Responsibilities
  • Set and lead Veem’s risk, fraud-prevention, and compliance strategy across its payment products and global operations.
  • Build and improve risk frameworks, policies, controls, and escalation processes that can scale with the business.
  • Guide the company’s approach to AML/CFT, sanctions, fraud, customer and business verification, and data privacy risk.
  • Partner with Product and Engineering to bring risk controls into product design, payment flows, and internal systems.
  • Use data, automation, and compliance technology to strengthen risk detection and make controls more effective and scalable.
  • Advise on risk across payment products and rails, including cards, ACH, wires, and real-time payments.
  • Support growth into new markets by identifying relevant risks and helping teams understand jurisdiction-specific requirements.
  • Evaluate, select, and manage third-party vendors, including KYC, transaction monitoring, fraud, and sanctions technology providers.
  • Work with Operations, Legal, Product, Engineering, and Data to assess issues, manage escalations, and continuously improve controls.
  • Communicate risk priorities, decisions, and trade-offs clearly to senior leaders and cross-functional partners.

About the company

V

Veem

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cbWebsite

Veem provides a global payments platform designed for small to medium-sized businesses to send and receive international money. The system uses blockchain technology to make cross-border transfers more secure, transparent, and trackable, while simplifying the user experience through a single platform that connects with accounting software and banks. Transactions incur fees based on the amount and destination, with Veem earning revenue from transaction fees and partnerships with financial institutions and service providers. Veem differentiates itself by focusing on SMBs, offering clearer and often lower fees than traditional banks, and providing seamless accounting integrations and a global banking network. The company’s goal is to make global commerce easier by providing a simple, secure, and cost-effective way for businesses to pay and get paid around the world.

Company Size

51-200

Company Stage

Late Stage VC

Total Funding

$99M

Headquarters

San Francisco, California

Founded

2014

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Simplify's Take

What believers are saying

  • June 2026 stablecoin cards expanded Veem into 200-plus countries and territories.
  • April 2026 Bridge launch unlocks programmable digital-dollar workflows for platforms.
  • March 2026 Visa virtual accounts deepen collections and disbursements across major markets.

What critics are saying

  • Stripe-owned Bridge and Payoneer compress Veem’s pricing power in 2026.
  • Stablecoin products increase compliance exposure across cards, wallets, and cross-border flows.
  • If Visa or Rain tightens terms, Veem loses key rails and product velocity.

What makes Veem unique

  • Visa-backed global virtual accounts across the U.S., Canada, U.K., and Europe.
  • Veem bundles fiat, stablecoins, wallets, and cards into one cross-border stack.
  • More than 1.5 million users in 100-plus countries gives Veem real distribution.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Company Match
  • Paid Vacation
  • Professional Development Budget
  • Home Office Stipend
  • Paid Sick Leave

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

0%

2 year growth

-3%
Kalkine Media
Oct 20th, 2026
VEEM Ltd Reports FY26 Revenue of $51.7M and EBITDA of $3.6M at Annual General Meeting.

VEEM Ltd Reports FY26 Revenue of $51.7M and EBITDA of $3.6M at Annual General Meeting. VEEM Ltd (ASX:VEE) revealed its full-year FY26 financial outcomes during the Annual General Meeting presentation on 20 October 2026, announcing revenue of $51.7 million, hitting the top of its forecast range of $50 million to $52 million, alongside EBITDA of $3.6 million, also at the high end of guidance between $3.25 million and $3.75 million. Key highlights. * FY26 revenue reached $51.7 million, aligning with the upper guidance limit, down from $68.6 million in FY25 due to reduced gyro and propeller sales and postponed ASC orders. * FY26 EBITDA stood at $3.6 million, matching the top of the guidance range, compared to $9.1 million in FY25. * Operating cash flow for FY26 was $4.8 million, with net debt at $1.2 million as of 30 June 2026. * Sales in the second half of FY26 rose 21% to $28.3 million from $23.4 million in the first half. * No final dividend was issued for FY26. FY26 financial performance summary. VEEM reported total activity - comprising sales plus changes in work in progress - of $54.2 million for FY26. The company held $9.4 million in cash and had $7.5 million in undrawn credit facilities. Net debt decreased by $12.5 million to $1.2 million at 30 June 2026, following net capital raise proceeds of $13.1 million offset by $2.4 million in new capital equipment debt. The EBITDA margin for the year was 6.9%. The company declared no final dividend for FY26. Comparison of first and second half FY26 results. The filing highlighted a marine market slowdown and delays in ASC orders during the first half of FY26. However, second-half sales improved to $28.3 million, a 21% increase over the first half's $23.4 million. EBITDA in the second half was $3.8 million, reversing a negative $0.2 million in the first half. The report noted that deliveries for the ASC contract commenced during this period, with propeller orders gaining momentum in the latter half of FY26. Revenue influences and ASC contract progress. The report attributed the FY26 revenue decline from $68.6 million in FY25 to reduced gyro and propeller sales and delays in ASC order receipts. It confirmed that ASC contract deliveries are underway and that the marine market, which experienced a first-half slowdown, showed improvement during calendar year 2026. Operating cash flow remained robust at $4.8 million, supported by ASC contract deliveries and increased propeller orders in the second half of FY26.

Kalkine Media
Oct 20th, 2026
VEEM Limited secures initial A$0.8 million orders for Virginia Class Submarine via AUSSQ program.

VEEM Limited secures initial A$0.8 million orders for Virginia Class Submarine via AUSSQ program. VEEM Limited (ASX:VEE), an Australian defence manufacturer, has become the first Australian firm to obtain purchase orders from HII for the Virginia Class Submarine new build initiative through the Australian Submarine Supplier Qualification (AUSSQ) program, with initial orders valued at around A$0.8 million. Key points. * VEEM is the first AUSSQ-certified supplier in Australia to receive Virginia Class Submarine orders from HII. * Initial purchase orders total approximately A$0.8 million. * Qualification involved over 12 months of stringent audits and processes to comply with US submarine supply chain standards. * VEEM has submitted additional tenders under the AUKUS program. AUSSQ certification and purchase order information. On 20 October 2026, VEEM Limited announced it had secured purchase orders from HII for the Virginia Class Submarine new build program, marking it as the first Australian company to reach this milestone through the AUSSQ program. The initial orders are valued at approximately A$0.8 million. VEEM completed over 12 months of rigorous qualification and auditing to meet US submarine supply chain requirements before receiving these orders. Managing Director comments on Virginia Class Submarine orders. VEEM Managing Director Mark Miocevich commented: "VEEM has been a vital supplier to the Collins Class submarine program for 38 years. Over the past two years, we have leveraged that expertise to meet the stringent demands of the AUSSQ program. The orders announced today reflect the VEEM Team's skill and dedication. We are proud to be the first Australian company to receive orders from HII for the Virginia Class program." Further tender submissions under AUKUS program. The announcement also noted that VEEM has submitted tenders for additional opportunities expected to generate significant further orders as the AUKUS program advances. Headquartered in Perth, Western Australia, VEEM operates from a 15,700 square metre purpose-built fabrication and manufacturing facility. The company employs around 195 staff in Australia and maintains an in-house research and development team. VEEM specializes in designing and manufacturing marine propulsion systems, gyrostabilisers, propellers, fin systems, valves, and specialized components for defence and commercial sectors.

Kalkine Media
Oct 20th, 2026
VEEM Limited secures unanimous approval on all AGM resolutions on 20 October 2026.

VEEM Limited secures unanimous approval on all AGM resolutions on 20 October 2026. VEEM Limited (ASX:VEE) announced the successful outcome of its Annual General Meeting held on 20 October 2026, with shareholders approving all three resolutions by poll, including the endorsement of the remuneration report and the re-election of two directors. Key points. * All three resolutions at VEEM's 20 October 2026 AGM were passed via poll. * The remuneration report received overwhelming support with 98.9% of votes in favour. * Director Angus Murnaghan was re-elected with 99.9% of votes cast in favour. * Director John Bradley Miocevich was re-elected with 93.7% of votes cast in favour. Adoption of remuneration report. The first resolution concerning the adoption of the remuneration report was approved by poll at VEEM's AGM on 20 October 2026. A total of 25,474,428 votes, representing 98.9% of votes cast, supported the resolution, while 281,341 votes (1.1%) opposed it. Additionally, 135,432 votes abstained. Proxy votes included 25,256,036 in favour, 145,918 against, 11,343 abstentions, and 55,444 votes at the proxy holder's discretion. Re-Election of Director Angus Murnaghan. The second resolution to re-elect director Angus Murnaghan was passed by poll. It garnered 94,571,298 votes in favour, equating to 99.9% of votes cast, with 88,795 votes (0.1%) against and no abstentions. Proxy votes comprised 94,217,483 in favour, 88,795 against, 11,843 abstentions, and 55,444 at the discretion of the proxy holder. Re-Election of Director John Bradley Miocevich. The third resolution, the re-election of director John Bradley Miocevich, was approved by poll. It received 88,684,867 votes in favour (93.7%) and 5,962,613 votes against (6.3%), with no abstentions recorded. Proxy votes included 88,331,052 in favour, 5,962,613 against, 24,456 abstentions, and 55,444 at the proxy holder's discretion. The announcement was authorised for release by VEEM Limited's Company Secretary in line with ASX Listing Rule 3.13.2 and section 251AA of the Corporations Act 2001.

Associated Press
Jun 16th, 2026
Veem adds stablecoin support to virtual card program accepted in 200+ countries

Veem, a global payments platform, has expanded its Virtual Card programme to include stablecoin support, giving eligible non-US businesses access to USD-denominated virtual cards accepted at Visa merchants across more than 200 countries and territories. The platform integrates global payments infrastructure, fiat on-ramping, digital asset wallets and card spending. Businesses can receive funds, convert and store value through supported stablecoins or Veem's fiat network, and spend using USD virtual cards for expenses including software subscriptions, advertising and travel. The programme is supported by Veem's collaboration with Rain, which provides card issuing and stablecoin-enabled payment infrastructure. Veem serves more than 1.5 million users across over 100 countries and supports cross-border settlement in 80-plus currencies.

Newswire
Apr 22nd, 2026
Veem to launch stablecoin accounts and payments for global platforms and businesses, powered by Bridge.

Veem to launch stablecoin accounts and payments for global platforms and businesses, powered by Bridge. Veem launches stablecoin accounts and payments powered by Bridge, with integrated on-ramp and off-ramp capabilities for businesses moving funds globally. SAN FRANCISCO, CA, April 22, 2026 (Newswire.com) - Veem, a leading global payments platform, today announced it will launch stablecoin account and payment capabilities, powered by Bridge, a leading stablecoin infrastructure platform and a Stripe company. With Bridge, Veem enables global platforms and businesses to embed stablecoin workflows directly into their products, allowing customers to accept, hold, and move funds in digital dollars as part of their day-to-day financial operations. As stablecoin adoption accelerates, businesses are increasingly looking to use digital dollars in day-to-day operations. Faster settlement, 24/7 availability, and the ability to operate across borders without traditional banking constraints offer clear advantages, but integrating stablecoins into existing financial workflows remains complex. Veem will provide businesses with a unified framework for issuing and managing stablecoin-based accounts and payments. With integrated on-ramp and off-ramp capabilities and support for multiple assets, platforms can offer a consistent experience for managing funds across fiat and stablecoins. These workflows are supported by USDV, Veem's proprietary, closed-loop stablecoin infrastructure, designed to streamline how funds move within its network and support programmable cross-border payments. USDV is built on Bridge's custom stablecoin issuance platform, Open Issuance. As an early adopter of blockchain, Veem has spent over a decade building cross-border payment infrastructure while supporting digital asset settlement and compliance, creating a strong foundation for companies and platforms exploring stablecoin-based workflows. "We've been investing in blockchain as part of our cross-border infrastructure for years," said Marwan Forzley, CEO of Veem. "Working with Bridge allows us to extend that foundation by enabling platforms to offer stablecoin accounts and support movement between stablecoins and fiat within their existing payment experiences. USDV supports this by enabling more efficient, programmable movement of funds within our network." "Stablecoins are increasingly being used in real payment workflows, but platforms need simple ways to integrate them," said Zach Abrams, CEO of Bridge. "We're excited to power Veem's custom stablecoin capabilities, which are tailored to their business's needs and complement their existing fiat workflows." About Veem Veem is a global payments platform that enables businesses and financial service providers to move money worldwide. Trusted by more than 1.5 million users in over 100 countries, Veem supports cross-border settlement in 80+ currencies while helping organizations manage payables, receivables, and account-based payment flows. Capabilities include real-time disbursements, collections, wallets, card issuance, and local virtual bank accounts, supported by licensing and regulatory coverage in key markets. Learn more at www.veem.com About Bridge, a Stripe company Bridge is the leading stablecoin infrastructure platform for moving money globally. Businesses use Bridge to easily receive, store, convert, issue, and spend stablecoins, enabling them to serve new markets and move money faster and cheaper across borders. Bridge was acquired by Stripe in February 2025. Contact Information