BCTECH LIST – A directory Index of businesses working with Blockchain Technology
Overview of company, product, services, contact details and more.
Founded in 2014, Veem Inc. has developed blockchain solutions for small and medium sized businesses to send cross-border payments without needing to go through the bank, avoiding their lengthy and costly processes.
“For small business owners, global payments have always been a hassle. With Veem global business payments, your money moves faster, safer, and cheaper.”
Veem’s platform utilises ledger technology to allow businesses to send and receive payments in local currency worldwide. Its platform enables companies and contractors/freelancers to send and receive domestic and global business payments, track payments in real time, and mass upload. Using blockchain as a payment rail, it converts the sender’s funds into bitcoin, selling the digital currency at an exchange for the desired currency of the recipient.
The company also offers a multi-rail application programming interface (API) for international payments using blockchain technologies.
Formerly known as Align Commerce Corporation, it changed its name to Veem Inc. in March 2017, following a funding round in which it raised
The company is based in San Francisco, California with additional offices in Kanata, Canada and Shanghai, China.
MARWAN FORZLEY – Chief Executive Officer & Co-Founder
Co-founder of Veem, Marwan Forzley eBillme Inc., which he successfully sold to Western Union 2011. Prior to that, Forzley served as Director of Business Development at Nokia, where he focused on large-scale e-commerce infrastructure,founded MODASolutions Corporation in 2002 and served as the President and CEO, later changing its name to
“All businesses want to do is pay vendors, suppliers, and contractors anywhere, at anytime, with ease. Legacy financial systems and old technologies make this dream nearly impossible. Veem makes it a reality. Businesses large and small enjoy the easy, seamless, and secure payments Veem has to offer. 80,000 of them in over 96 countries, in fact. We want to make money obstacles in the way of small businesses disappear. That’s our mission, our vision, and the goal we strive toward.”