Veem offers a payment platform for businesses to send and receive money globally. It provides flexible digital payments, competitive exchange rates, payment tracking, and workflow automation. It serves various industries such as e-commerce, freelancers, manufacturing, and others. The company was formerly known as Align Commerce. It was founded in 2014 and is based in San Francisco, California.
Veem's Product Videos
ESPs containing Veem
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The P2P (peer-to-peer) cross-border payments platforms market facilitates the direct transfer of funds between consumers located in different countries, typically leveraging digital technologies to streamline the process and offer competitive advantages over traditional banking methods. Some of the companies specialize in enabling immigrants to send money back to families in their home countries, …
Veem's Products & Differentiators
Veem offers a variety of flexible payment options (cards, checks, ACH/EFT) both domestic and global
Research containing Veem
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Veem in 7 CB Insights research briefs, most recently on Mar 27, 2023.
Expert Collections containing Veem
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Veem is included in 5 Expert Collections, including Blockchain.
Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
Veem has filed 8 patents.
Bearings (mechanical), Engine technology, Engine components, Numbered minor planets, Named minor planets
Bearings (mechanical), Engine technology, Engine components, Numbered minor planets, Named minor planets
Latest Veem News
Oct 16, 2023
Ecommerce Product Releases: Oct. 16, 2023 Here is a list of new product releases and updates from companies offering services to ecommerce and omnichannel merchants. There are updates on holiday shipping, B2B payments, returns and reverse logistics, digital wallets, social media advertising, AI shopping search, and virtual try-ons. Got an ecommerce product release? Email email@example.com. Product Releases: October 16 WooCommerce and Veem partner to extend B2B payments to merchants . Veem , a global payments provider, has announced its B2B extension is now available on the WooCommerce marketplace. The extension will enable businesses to (i) integrate payment collection into their checkout flow without incurring interchange fees and (ii) manage domestic and international payables. Veem USPS announces holiday shipping and mailing deadlines . The U.S. Postal Service has provided 2023 holiday shipping and mailing deadlines for December 25 delivery for domestic, international, and military shipping destinations. The USPS also announced it will not implement peak or demand surcharges this holiday season. WooCommerce releases update with database and product layout improvements . WooCommerce has announced the release of WooCommerce 8.2.0. The release includes (i) High-Performance Order Storage, providing an easy-to-understand and solid database structure for orders and addresses, and (ii) Product Collection patterns for a customizable product layout in a list or grid. Blue Yonder to acquire Doddle for ecommerce returns and reverse logistics . Blue Yonder , a London-based supply chain provider, has agreed to acquire Doddle , a first and last-mile technology company. The acquisition will allow Blue Yonder’s supply chain management and commerce offerings to expand with final mile, returns management, and reverse logistics options through Doddle’s self-service return kiosks and pick-up and drop-off networks. Doodle Meta releases new ad features for Reels . Meta’s new ad features for Reels include text, template, and music optimizations. It also includes an enhanced Advantage+ creative suite in Ads Manager, automatically showing the optimized version of creative. With Collection ads — featuring one large video or image with smaller accompanying images — people can swipe through and learn more about products. Additionally, Meta has enabled multi-destination calls-to-action for Reels carousel ads. GoDaddy and Paze partner to simplify online checkouts . GoDaddy and Paze , a digital wallet provider, are partnering to help small businesses improve online checkouts. Paze consumers can skip manual card entry and pay without creating new user names or passwords. Businesses with a GoDaddy store using GoDaddy Payments can accept Paze transactions. Paze is available as a pilot on GoDaddy’s platform, with the full launch coming soon. Perfect Corp. and Walmart to offer AR-powered makeup virtual try-on . Perfect Corp. , an artificial intelligence and augmented reality beauty and fashion technology provider, has announced a collaboration with Walmart to launch a makeup virtual try-on experience via the Walmart iOS app. According to Perfect, the experience will allow Walmart shoppers to virtually try makeup products across the blush, lip color, eye shadow, and bronzer categories. Walmart Virtual Try-On by Perfect Corp Discover Global Network launches tokenization platform . Discover Global Network , the payments brand of Discover, has launched a cloud-based network tokenization platform to allow companies to integrate stored payment tokens as part of their payment experience. The platform is an extension of the Discover Stored Payment Tokens offering and better supports the payment relationship between merchants and token requestor aggregators. It also provides Discover partners with a token solution to deploy at scale with their merchants. BNPL-provider Klarna adds an AI-driven photo feature to entice shoppers . Klarna , a buy-now, pay-later payment provider, has launched an AI-driven shopping feature, developed with OpenAI, that allows people to shop by taking a photo of products, which then become available to buy in seconds on the company’s mobile app. Klarna’s new feature identifies more than 10 million items — such as clothes, home decor, and electronics — and compares prices, retailers, and reviews. Aero Commerce partners with Ordo on open banking payments for retailers . Ordo , an open banking payments-as-a-service provider, has integrated into the Aero Commerce platform. Through the partnership, retailers and agencies can utilize commission-free open banking payments initiated via tokenized links or QR codes. The onboarding process consists of a simple plug-in within the payment platform. Retailers and web agencies can download the Aero package and connect their accounts. Aero Commerce Ambi Robotics expands partnership with Pitney Bowes to automate middle-mile sorting . Ambi Robotics , a producer of AI-powered robotic sorting devices, and Pitney Bowes , a global shipping and mailing company, have launched the AmbiSort B-Series parcel sorting solution for middle-mile operations. The AmbiSort B-Series reduces operating costs by streamlining labor-intensive manual sorting. The AmbiSort B-Series adapts to multiple use cases, such as reverse logistics, interfacility sortation, sort-to-carrier, zone-skipping, and automated parcel induction. Ecommerce platform MarketLeap secures additional seed funding . Luxembourg-based MarketLeap has secured an additional €1.5 million ($1.575 million) in a seed funding round that included investments from Notion Capital, Kima Ventures, and Motier Ventures. The funding takes MarketLeap’s total funding to €2.6 million. MarketLeap, formerly Gonuggets, is an AI-enabled ecommerce operating system that enables digitally native brands to scale their businesses across fragmented ecommerce channels. The company helps brands sell on marketplaces across more than 30 countries. FedEx enhances automated ecommerce for merchants in India . FedEx Express has expanded automated ecommerce features in FedEx Ship Manager for small businesses in India, who can now link their ecommerce platform to automatically (i) download order info, (ii) create and print labels for multiple orders in one click, and (iii) sync with electronic trade documents. The new features integrate with Shopify, BigCommerce, WooCommerce, and PrestaShop. FedEx Express
Veem Frequently Asked Questions (FAQ)
When was Veem founded?
Veem was founded in 2014.
Where is Veem's headquarters?
Veem's headquarters is located at 1160 Battery Street East, San Francisco.
What is Veem's latest funding round?
Veem's latest funding round is Corporate Minority.
How much did Veem raise?
Veem raised a total of $92.57M.
Who are the investors of Veem?
Investors of Veem include REPAY, Kleiner Perkins Caufield & Byers, Trend Forward Capital, Silicon Valley Bank, Google Ventures and 22 more.
Who are Veem's competitors?
Competitors of Veem include YapStone, Roxe, PayNearMe, Hypur, Stripe and 7 more.
What products does Veem offer?
Veem's products include Flexible Payments and 3 more.
Compare Veem to Competitors
GoCardless provides online automated, and recurring payment services. It offers a payments network for businesses to take and settle recurring payments, instant bank payments, application (API) integrations, and more. The company was founded in 2011 and is based in London, United Kingdom.
Satispay offers a payment platform. The users can send payments to other Satispay users, pay for in-store and online purchases, or make in-application purchases. It enables individuals to pay in online and offline affiliated stores, exchange money with friends, and set aside small amounts of money. It offers e-commerce plugins and customized links for online stores. The company was founded in 2013 and is based in Luxembourg City, Luxembourg.
Pine Labs offers cloud-based point-of-sale (PoS) payment solutions. The company allows merchants to accept credit or debit card payments, as well as methods such as e-wallets, quick response (QR) code payment solutions, and unified payments interface (UPI)-based solutions. The company was founded in 1998 and is based in Noida, India.
PayNearMe develops technology to facilitate the end-to-end customer payment experience. It offers a billing and payment platform. Its platform helps users pay with cash for a range of goods and services from companies in e-commerce, property management, consumer finance, and transportation, enabling businesses and government agencies as well as retail stores to digitize their cash collection processes. It was formerly known as Handle Financial. The company was founded in 2009 and is based in Santa Clara, California.
Stripe runs a financial infrastructure platform. The company offers a suite of services including online payment processing, revenue and finance automation, and banking-as-a-service. Its services allow businesses to accept payments online or in person, automate their revenue and finance operations, and embed financial services into their own platforms or products. Stripe primarily serves the e-commerce, software as a service (SaaS), marketplace, and finance automation sectors. Stripe was formerly known as DevPayments. It was founded in 2010 and is based in South San Francisco, California.
Cellulant develops an electronic payment service connecting customers with banks and utility services to create a payment ecosystem. It offers a single application program interface payments platform that provides locally relevant and alternative payment methods for global, regional, and local merchants. Its platform enables businesses to collect payments online and offline while allowing anyone to pay from their mobile money, local and international cards, and directly from their bank. It was founded in 2004 and is based in Nairobi, Kenya.