Veem, with its slogan "Veem is the easiest way for businesses to pay and get paid," epitomizes a trailblazer in the Fintech sector, specifically in Payments. Since its founding in 2014, the company has swiftly emerged as a market leader, trusted by over 1M businesses across more than 100 countries. The crux of Veem's innovation lies in automating accounts payables and receivables, thereby simplifying business payments akin to sending an email.
Veem democratizes enterprise-level payment tools for small businesses, promoting financial inclusivity. The company's emphasis on data security and privacy aligns with strict compliance and protection standards. Headquartered in the United States, Veem operates under Veem Payments Inc., licensed as a Money Transmitter with key regulatory endorsements.
Recent financial traction includes a $31.00M Series C funding round on September 16, 2020, attracting investors like Kleiner Perkins, Goldman Sachs, and GV, among others. This investment highlights robust confidence in Veem's growth trajectory.