Locations
San Francisco, CA, USA · Shanghai, China · Ottawa, ON, Canada
industry
Bitcoin · Blockchain · Blockchain and Cryptocurrency · Blockchain Technology · Business And Industrial · Finance · Financial Services · Financial Software · Fintech · Global Payments · Money Transfer · Money Transfers · Other Financial Services · Payments · Platform · Software · Technology
Size
51 - 200 employees
Stage
Other
founded in
2014
Veem is a payment service provider that helps simplify the way businesses send and receive funds. It offers a platform that enables small businesses to send and receive payments in local currency. Using blockchain as a payment rail, the company eliminates the need for intermediary banks, reducing costs for small- and medium-sized businesses. It converts the sender’s funds into Bitcoin, selling the digital currency at an exchange for the desired currency of the recipient. Aldo Carrascoso and Marwan Forzley co-founded the company in 2014 and it is headquartered in San Francisco, California.
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