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, US
Websiteveem.com
Employee Ratings4.1

Latest Updates

Employees (est.) (Jul 2020)125
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
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Veem Office Locations

Veem has offices in San Francisco, Baltimore, Ottawa and Shanghai
San Francisco, US (HQ)
50 Osgood Pl, San Francisco
Baltimore, US
500 N Calvert St #402
Ottawa, CA
135 Michael Cowpland Dr #300
Shanghai, CN
463 Tanggu Rd, SiChuan BeiLu, Hongkou Qu
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Veem Financials and Metrics

Summary Metrics

Veem's latest funding round in September 2018 was reported to be $25 m. In total, Veem has raised $69.3 m
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Veem Operating Metrics

Veem's Customers was reported to be 100 k in Apr, 2019.
Oct, 2015Sep, 2018Feb, 2019Apr, 2019

Countries

90

Customers

590 80 k100 k100 k
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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 News and Updates

Blockchain payments app Veem now offers locked exchange rates for SMBs

Payment app Veem now offers locked exchange rates, which means businesses can budget for a payment in a foreign currency knowing the exact exchange rate for up to 92 days in advance.

Veem exports payments platform to Canada

Veem, a global payments company built for small businesses, announced it has extended its payments p...

Goldman invests in blockchain-based cross-border payments startup Veem

Blockchain-based cross border business payments startup Veem has raised $25 million in a strategic f...

Why the Latest Trade Deal With China May Harbinger a Kinder, Gentler Trump

In a 100-day action plan, the White House outlined new global trade rules. Many entrepreneurs see them as evidence that Trump is backing down from incendiary campaign promises.

Veem Blogs

Veem strengthens accounting integration experience with domestic fee elimination

SAN FRANCISCO, Calif., Mar. 12, 2020 – Veem, the global payments network built for business, today announced a pricing update that further reduces the cost for Xero and Quickbooks integration users transacting on the network. High fees and complicated accounting processes are unnecessary and frustra…

Celebrating International Women’s Day at Veem

International Women’s Day was created to recognize and honor the historical contributions of women, and empower the next generation towards gender parity. Despite the lack of diversity in today’s technical fields, the pioneers of many modern technologies were in fact women. In honour of Internationa…

What Is A Fixed Exchange Rate?

An unpredictable currency value can throw a country’s economy into turmoil overnight. This is problematic for smaller countries because these types of changes can throw their economies into a free fall. Pegging a currency against another foreign currency — especially a major trading partner — is a s…

3 easy ways to create an invoice

How to create an invoice your clients will want to pay Freelancing brings numerous benefits, including independence, autonomy, flexibility, and the ability to work in sweatpants. But, a big drawback for many freelancing folk is invoicing. Nobody sets up shop as a freelancer or starts a small busines…

Democratization of finance with relationship-based payments

The future of business payments with Veem Any good idea, science project, or experiment starts with a question. Veem’s CEO, Marwan Forzley, was no different. Forzley compares Veem’s technology to paying for a coffee. When the cashier tells you how much you owe, whether it’s a card, your phone or the…

5 places to spend time on your business, and 1 place to save it

Running a business requires a significant and dedicated amount of time. But how are you spending that time? Each day, millions of things are fighting for the business owner’s attention. Client meetings, tax preparations, and poring over quarterly reports are just the tip of the iceberg when it comes…
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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 125 employees.

  • Who are Veem competitors?

    Competitors of Veem include Turbonomic, Traxpay and WePay.

  • Where is Veem headquarters?

    Veem headquarters is located at 50 Osgood Pl, San Francisco, San Francisco.

  • Where are Veem offices?

    Veem has offices in San Francisco, Baltimore, Ottawa and Shanghai.

  • How many offices does Veem have?

    Veem has 4 offices.