Veem

Veem

Verified
A payment service provider that helps to simplify the way businesses send and receive funds. Learn more

Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD201820192020202120222023
Revenues000000000000000000000000
% growth-4 %-(2 %)-(4 %)
EBITDA000000000000000000000000
Profit000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget000000000000000000000000
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor investor investor investor investor investor investor investor investor investor

$0.0

round
investor investor investor

$0.0

round
investor investor investor investor investor

$0.0

round
investor

$0.0

round
investor investor investor investor investor investor investor

$0.0

round
investor investor investor investor investor investor investor investor investor investor

$0.0

round

N/A

Late VC
Total Funding000k

Recent News about Veem

Edit
More about Veeminfo icon
Edit

Veem is a financial technology startup that aims to revolutionize the way businesses handle global payments. The company offers a simple, secure, and transparent platform for sending and receiving money internationally. Veem primarily serves small to medium-sized businesses (SMBs) that need to make cross-border payments. These businesses often face challenges with traditional banking systems, such as high fees, slow transaction times, and lack of transparency. Veem addresses these issues by providing a more efficient and cost-effective solution.

Operating in the global payments market, Veem leverages blockchain technology to streamline transactions. Blockchain is a type of digital ledger that records transactions across many computers so that the record cannot be altered retroactively. This technology helps Veem ensure that payments are secure and transparent. The company also integrates with various accounting software and financial tools, making it easier for businesses to manage their finances.

Veem's business model is based on transaction fees. While traditional banks often charge high fees for international transfers, Veem offers competitive rates, making it an attractive option for SMBs. The company also earns revenue through partnerships with financial institutions and other service providers.

Veem's leadership team comprises experienced entrepreneurs and industry experts who bring diverse international backgrounds to the table. Supported by a global network of forward-thinking banks and major venture capital firms, Veem is well-positioned to continue its mission of improving global commerce.

In summary, Veem is changing the way businesses pay and get paid around the world by offering a simple, secure, and transparent global payment method. The company focuses on small to medium-sized businesses, operates in the global payments market, and makes money through transaction fees and partnerships.

Keywords: global payments, blockchain, SMBs, transaction fees, financial technology, secure payments, transparent transactions, cross-border payments, accounting integration, venture capital.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.