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F r o m W i k i p e d i a , t h e f r e e e n c y c l o p e d i a
Veem
Logo used from 2017 to present
Formerly Align Commerce Company type Private Industry Payment services Founded San Francisco (2014 (2014 ) )Founder
Aldo Carrascoso
Headquarters San Francisco ,
United States
Area served
Global: Europe, United States, Canada, Asia-Pacific, Latin-America
Key people
Products International Payments, Domestic Payments, Accounting Integrations, Working Capital, Digital Wallets Services Financial Services Website veem.com
Veem , formerly Align Commerce ,[1] is a San Francisco–based online global payments platform founded in 2014 by Marwan Forzley and Aldo Carrascoso .[2] The company uses a payment routing method they refer to as "multi-rail technology,"[3] where transactions are routed through different methods, or "rails", such as credit cards, checks, or cryptocurrency.[4]
History [ edit ]
Veem was founded by Marwan Forzley and Aldo Carrascoso in 2014 as Align Commerce. Forzley and Carrascoso came up with the concept to make cross-border payments, "as easy as purchasing a cup of coffee."[5] Veem is integrated with QuickBooks , Xero ,NetSuite , Plaid , Zapier and Q2 banking platform.[6] [7]
In April 2020, Veem acted as a front-end component to the Small Business Administration Paycheck Protection Program to facilitate loans and customer support to small businesses as a result of the COVID-19 pandemic .[8]
Recognition [ edit ]
Veem was listed in the 2018 Forbes Fintech 50.[9]
Veem was recognized as Quickbooks 2017 Top 10 App of the Year,[10]
Xero's 2018 Emerging App Partner of the Year,[11]
Listed as a 2020 top accounting app by Accounting Today .[12]
Investors [ edit ]
Veem's investors include National Australia Bank (NAB) Ventures , GV (Google Ventures) , Goldman Sachs , Softbank's SBI Investment Co., Ltd., Kleiner Perkins Caufield Byers , Silicon Valley Bank , Truist Ventures , MUFG Innovation Partners , AB Ventures , Paper Excellence, Myer Family Investments, Trend Forward Capital , and EPAY .[13]
References [ edit ]
^ "LFP161 – Global B2B Payments & Multi-Rail Technology w/Marwan Forzley CEO Veem" . londonfintechpodcast.com . Retrieved 2020-10-23 .
^ Levy, Ari (2018-02-18). "There's a lot of blockchain hype, but money-transfer start-up Veem is using it today" . CNBC . Retrieved 2020-10-23 .
^ "Staying true to Ottawa roots, San Francisco's Veem brings money transfer solution to Canada" . Ottawa Business Journal . Retrieved 2020-10-23 .
^ "Veem opens up global payments platform to developers with new API" . TechCrunch . Retrieved 2022-07-05 .
^ "How 'Embedded' Payment Providers are Transforming Fintech" . Finance Magnates . 31 January 2020. Retrieved 2022-07-05 .
^ "Payments Industry News & Analysis" . American Banker . Retrieved 2022-07-05 .
^ Sharf, Samantha. "Forbes Fintech 50 2018: The Newcomers" . Forbes . Retrieved 2020-10-23 .
^ "App Showdown Finalist Profile – Veem: A Modern Solution for Wire Payments" . QuickBooks . 2018-01-23. Retrieved 2020-10-23 .
^ "Veem Wins Emerging App Partner of the Year in Xero Awards Americas" . InsidePublicAccounting . January 26, 2018. Retrieved 2020-10-23 .
^ "Expert's choice: Top accounting apps" . Accounting Today . 2020-10-01. Retrieved 2022-07-05 .
^ "Veem, formerly Align Commerce, gets $24M from GV, others for its Venmo for SMBs" . TechCrunch . Retrieved 2020-10-23 .
External links [ edit ]
R e t r i e v e d f r o m " https://en.wikipedia.org/w/index.php?title=Veem&oldid=1185216492 "
C a t e g o r i e s :
● A m e r i c a n c o m p a n i e s e s t a b l i s h e d i n 2 0 1 4
● P a y m e n t s e r v i c e p r o v i d e r s
● C o m p a n i e s b a s e d i n S a n F r a n c i s c o
● 2 0 1 4 e s t a b l i s h m e n t s i n C a l i f o r n i a
H i d d e n c a t e g o r i e s :
● A r t i c l e s w i t h s h o r t d e s c r i p t i o n
● S h o r t d e s c r i p t i o n m a t c h e s W i k i d a t a
● A r t i c l e s w i t h t o p i c s o f u n c l e a r n o t a b i l i t y f r o m J a n u a r y 2 0 1 9
● A l l a r t i c l e s w i t h t o p i c s o f u n c l e a r n o t a b i l i t y
● O r g a n i z a t i o n a r t i c l e s w i t h t o p i c s o f u n c l e a r n o t a b i l i t y
● T h i s p a g e w a s l a s t e d i t e d o n 1 5 N o v e m b e r 2 0 2 3 , a t 0 8 : 5 1 ( U T C ) .
● T e x t i s a v a i l a b l e u n d e r t h e C r e a t i v e C o m m o n s A t t r i b u t i o n - S h a r e A l i k e L i c e n s e 4 . 0 ;
a d d i t i o n a l t e r m s m a y a p p l y . B y u s i n g t h i s s i t e , y o u a g r e e t o t h e T e r m s o f U s e a n d P r i v a c y P o l i c y . W i k i p e d i a ® i s a r e g i s t e r e d t r a d e m a r k o f t h e W i k i m e d i a F o u n d a t i o n , I n c . , a n o n - p r o f i t o r g a n i z a t i o n .
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