OverviewSuggest Edit

Veem is a company that develops a platform enabling businesses to send and receive payments in local currency. The Company's platform allows businesses send or receive money, track their payments end-to-end, and connect to their accounting software.

TypePrivate
Founded2014
HQSan Francisco, CA, US
Websiteveem.com
Employee Ratings4.1
Overall CultureA+

Latest Updates

Employees (est.) (May 2021)130
Cybersecurity ratingAMore

Key People/Management at Veem

Marwan Forzley

Marwan Forzley

Co-Founder, CEO
Jay Hansen

Jay Hansen

General Counsel and Chief Compliance Officer
Sheila James

Sheila James

VP of Operations
Jonas Edgeworth

Jonas Edgeworth

CTO
Olivier Veyrac

Olivier Veyrac

VP Business Development
Raj Ganesan

Raj Ganesan

Head of Product
Show more

Veem Office Locations

Veem has offices in San Francisco, Ottawa and Shanghai
San Francisco, CA, US (HQ)
75 Broadway Financial District, Suite 202, San Francisco
Ottawa, CA
135 Michael Cowpland Dr #300
Shanghai, CN
463 Tanggu Rd, SiChuan BeiLu, Hongkou Qu
Show all (3)

Veem Financials and Metrics

Summary Metrics

Founding Date

2014

Veem total Funding

$100.3 m

Veem latest funding size

$31 m

Time since last funding

8 months ago

Veem investors

Veem's latest funding round in September 2020 was reported to be $31 m. In total, Veem has raised $100.3 m
Show all financial metrics

Veem Operating Metrics

Veem's Customers was reported to be 225 k in Sep, 2020.
Oct, 2015Sep, 2018Feb, 2019Apr, 2019Sep, 2020

Countries

90100

Customers

59080 k100 k100 k225 k
Show all operating metrics

Veem Acquisitions / Subsidiaries

Company NameDateDeal Size
Veem Payments Inc.

Veem Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Veem Online and Social Media Presence

Embed Graph

Veem Company Culture

  • Overall Culture

    A+

    92/100

  • CEO Rating

    A+

    100/100

  • Compensation

    A+

    90/100

Learn more on Comparably

Veem News and Updates

Veem teams up with online global freight booking platform

Veem, a leading provider of online payment solutions, announced today that they will be partnering with Freightos.com, the online global freight booking platform.

Veem Enhances Multi-Rail Payment Technology, Offering More Choice to Small Business Owners

San Francisco, Dec. 16, 2020 (GLOBE NEWSWIRE) -- Veem, a leading provider of online payment solutions for small-to-midsize businesses, today announced core enhancements to its domestic and international routing technology. Following a successful year of growth for the financial technology firm, th…

Veem expands multi-rail payment tech

Veem, a leading provider of online payment solutions for small-to-midsize businesses, today announced core enhancements to its domestic and international routing technology.

Finexio, Veem Collaborate to Expand Services, Leveraging FX and AP Payments-as-a-Service

Financial technology firms partner to extend accessible payment options to businesses

Veem makes moves to simplify domestic business payments

Veem, a leading provider of online payment solutions for small-to-midsize businesses, today announced the launch of Veem Check. With this new product functionality, US-based users can now issue all of their domestic payments — online, check, or Instant Deposit — within minutes on Veem.

Veem expands US product offering to simplify domestic business payments

Veem’s latest US product offering positions the firm to become go-to domestic payment option for businesses Veem’s latest US product offering positions the firm to become go-to domestic payment option for businesses
Show more

Veem Blogs

How To Pay Offshore Contractors

There are a variety of reasons to look around the world for contractors. Some countries offer more available skills than others. Or, you might need someone with perspective—for example, an American company may hire contractors in Japan to work on a project specific to Japanese culture. There are als…

Payments to Foreign Vendors: How to Improve Transparency

In an increasingly globalized economy, more and more businesses will find themselves making payments to foreign vendors. They’re buying raw materials and products, or paying for a service they’re unable to generate in-house. Regardless, they’ll end up sending money across borders and around the worl…

What’s the True Cost of Global Business Payments?

Many businesses don’t think twice about making global business payments—it’s just part of their operations. But digging deeper into the balance sheet can yield some surprising finds for those paying attention to the true cost of these payments. On the surface, the cost of a payment might seem like t…

The Global Payables Landscape

The world economy isn’t just growing larger collectively—it’s growing more interconnected. An American company can do business with a German contractor, who also does work for a company in the Philippines, who sources product from Brazil—and so on. International payments are what enable these relati…

Pay Foreign Independent Contractors in the Right Currency

While hiring independent contractors that live in other countries can serve many advantages for your company, paying them can be a headache. One of the hurdles is figuring out how to pay your contractors in the right currency. Crossing this hurdle starts by discussing the different currency options …

How to Pay International Contractors Online

You’ve hired an independent contractor based internationally and they’re doing great work for your business. Now, the time has come to pay them. How? It seems like every function of your business is digital these days, but can you pay international contractors online? The answer is yes! Paying inter…
Show more

Veem Frequently Asked Questions

  • When was Veem founded?

    Veem was founded in 2014.

  • Who are Veem key executives?

    Veem's key executives are Marwan Forzley, Jay Hansen and Sheila James.

  • How many employees does Veem have?

    Veem has 130 employees.

  • Who are Veem competitors?

    Competitors of Veem include Turbonomic, Traxpay and WePay.

  • Where is Veem headquarters?

    Veem headquarters is located at 75 Broadway Financial District, Suite 202, San Francisco, San Francisco.

  • Where are Veem offices?

    Veem has offices in San Francisco, Ottawa and Shanghai.

  • How many offices does Veem have?

    Veem has 3 offices.