Veem’s Competitors, Revenue, Number of Employees, Funding, Acquisitions & News

Veem is a fintech company that allows small businesses and individuals to send and receive payments. Read more

Veem is a fintech company that allows small businesses and individuals to send and receive payments. Read more

Marwan Forzley's photo - Co-Founder & CEO of Veem

Co-Founder & CEO

Marwan Forzley

CEO Approval Rating

73/100

Founded:

2014

Status:

TOP COMPETITORS OR ALTERNATIVES

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WePay is the top competitor of Veem. WePay was founded in 2008, and its headquarters is in Redwood City, California. WePay is in the Internet Software field. WePay has 230 more employees than Veem.

PayStand is seen as one of Veem's top competitors. PayStand was founded in Scotts Valley, California} in 2013. PayStand operates in the Transaction Services industry. Compared to Veem, PayStand generates $3.7M more revenue.

Traxpay is Veem's #3 rival. Traxpay's headquarters is in Frankfurt, Hesse, and was founded in 2009. Traxpay is in the Internet Software industry. Traxpay generates 48% of Veem's revenue.

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Growth Score - 1/1

Is $8.3M a good estimate for Veem's revenue?

Acquisitions

No recent acquisitions found related to Veem

Veem Funding History

$12.5M$36.5M$61.5M$92.5M

Since Veem was founded in 2014, it has participated in 5 rounds of funding. In total Veem has raised $92.5M. Veem's last funding round was on Sep 2020 for a total of $31.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Venture Round
Sep 2020
$31M

Truist Financial Corporation

Series B
Sep 2018
$25M
Series B
Mar 2017
$24M
Series A
Nov 2015
$12.5M
Seed
Apr 2015
--

Total Funding: $92.5M

Since Veem was founded in 2014, it has participated in 5 rounds of funding. In total Veem has raised $92.5M. Veem's last funding round was on Sep 2020 for a total of $31.0M

Investments

No recent investments found related to Veem

Veem News

September 20, 2020Wamda

Arab Bank invests in US-based Veem

Source: The fintech times Veem, the fast-growing global payments network built for businesses, recent... See more »
September 17, 2020Electronic Payments International

Payments platform Veem raises fresh funds to expand footprint

US-based global payments network Veem has raked in a $31m investment round, which the company plans t... See more »
September 17, 2020Silicon Valley Daily

Veem is Victorious With $31 Million Round

SAN FRANCISCO - Veem, a global payments network built for businesses, has announced the closing of a ... See more »
September 16, 2020Venture Capital Journal

Veem procures $31m

Veem, a global payments network built for businesses, has raised $31 million in funding.... See more »
September 16, 2020Finextra

Cross-border payments firm Veem raises $31m

Cross-border business payments startup Veem has raised $31 million in a funding round led by the VC d... See more »
July 7, 2020Army Technology

Australian firms to produce braking system for army's Hawkei vehicle

Perth-based Advanced Braking Technology and VEEM have been contracted to produce a braking system for... See more »
May 12, 2020Insurance Journal

Small Businesses See Coronavirus Effect Lasting 12-16 Months

Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the ne... See more »

Veem Blogs

February 4, 2019Veem Blog

How data analytics can boost your sales figures

If you think data analytics is something IT guys hidden away in the basement office do, think again. ... See more »
February 1, 2019Veem Blog

5 things manufacturers get wrong at trade shows

Trade shows are sensitive times. Without taking the proper steps, you could be throwing a lot of mone... See more »
January 30, 2019Veem Blog

The 5 essential reports your accounting clients must have before tax season

Tax season is about to hit us on the head. Some of your clients may already be in a frenzy, trying to... See more »
January 28, 2019Veem Blog

How to deal with the post-holiday lull in sales

The first quarter of a new year (Q1 for short) is usually not the busiest for retailers. Especially c... See more »
January 24, 2019Veem Blog

Ecommerce and the Age of Pop-Up Shops

As talk of the war for talent fluctuates, we have to consider the trends and preferences that are dri... See more »
January 22, 2019Veem Blog

3 Valuable Lessons Learned from Your Supply Chain's Operations over the Holidays

With the great holiday rush over, retailers finally have a breather, at least until tax season hits. ... See more »
January 21, 2019Veem Blog

Early Growth Financial Services

The post Early Growth Financial Services appeared first on Veem.... See more »

Veem Press Releases

May 17, 2018PRWeb

Veem Reaches 60K Small Businesses Served, Expands to 96 Countries

Global payments platform expands services to empower more small businesses(PRWeb May 17, 2018)Read th... See more »
December 20, 2017StreetInsider

Future Generation of Business Leaders Not Excited About 'America First'

According to a recent online survey conducted by Ipsos on behalf of Veem, the leading multi-rail glob... See more »
October 24, 2017PRWeb

Veem Achieves 'Built for NetSuite' Status

New SuiteApp Delivers Global Payment Platform for NetSuite Customers(PRWeb October 24, 2017)Read the ... See more »
August 31, 2017PRWeb

Cloud-Accounting Firm Acuity Partners with Veem Global Payments

Global business payments pioneer Veem Inc. announced today a partnership with cloud accounting servic... See more »
October 17, 2016Press Release Rocket

Align Commerce Launches New Website, Product Features, and Kicks Off Month-Long Processing for International Payments at No Cost

Mass Upload feature lets businesses send international payments in bulk. San Francisco, CA (PRWEB) Oc... See more »
May 3, 2016PRWeb

Align Commerce Establishes U.S./Mexico Payments Corridor

Cinco de Mayo Promotion Offers Five Free Cross-Border Payments During May(PRWeb May 03, 2016)Read the... See more »
March 7, 2016PRWeb

Align Commerce Announces Opening of Brazil Payment Corridor

New Payment Rail Allows Next-Day Payments to Latin America's Largest Economy(PRWeb March 07, 2016)Rea... See more »

Veem Videos

Headquarters

75 Broadway Suite 202

San Francisco, California94111

1-877-279-2629

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Summary

ABOUT

Overview

Veem is a fintech company that allows small businesses and individuals to send and receive payments. Veem was founded in 2014. Veem's headquarters is located in San Francisco, California, USA 94111. It has raised 92.5M in 5 rounds. The latest round wa...

CEO

Veem's Co-Founder & CEO, Marwan Forzley, currently has an approval rating of 73%. Veem's primary competitors are WePay, PayStand & Traxpay.

Website

veem.com

Frequently Asked Questions about Veem

  1. When was Veem founded?

    Veem was founded in 2014
  2. Who is Veem's CEO?

    Veem's CEO is Marwan Forzley
  3. How much revenue does Veem generate?

    Veem generates $8.3M in revenue
  4. How much funding does Veem have?

    Veem has historically raised $92.5M in funding
  1. Where is Veem's headquarters?

    Veem's headquarters is in San Francisco California, USA
  2. How many employees does Veem have?

    Veem has 120 employees
  3. What sector does Veem operate in?

    Veem is in Diversified Financial Services
  4. Who are Veem's competitors?

    Veem's top competitors are WePay, PayStand, Traxpay