Veem Secures $92.5M to Revolutionize Global Business Payments Across 100+ Countries

Veem, the trusted payment platform for over 1 million businesses across more than 100 countries, is thrilled to announce a significant milestone in its growth journey with a successful funding round that raised $92.5 million. This capital infusion comes as Veem continues to lead the market in automating accounts payables and receivables, revolutionizing business payments by making them as simple as sending an email. Initially driven by a mission to simplify financial transactions for business owners, accountants, and finance professionals, Veem has continuously innovated to empower organizations of all sizes. By providing enterprise-level payment tools to small businesses, the company is dedicated to leveling the playing field and helping companies compete on a global stage. The raised funds will be strategically invested to enhance Veem’s technology platform and expand its global footprint. With a focus on increasing feature capabilities and reinforcing its data security and privacy measures, Veem is well-positioned to serve its growing customer base and further streamline global money movement. The funding will also support additional regulatory compliance and operational excellence, ensuring that Veem remains at the forefront of secure, reliable payment processing. As Veem Payments Inc., licensed as a Money Transmitter by the New York State Department of Financial Services, continues to deliver exemplary service in the United States and beyond, this round of funding reinforces its commitment to innovation and customer satisfaction. To learn more about Veem’s regulatory adherence and comprehensive licensing, please visit www.veem.com/licenses. This landmark achievement is not just a milestone—it is a reaffirmation of Veem’s dedication to transforming global business payments through cutting-edge automation and unmatched security.