Goldman Sachs and Google Back Blockchain Startup Veem Bitcoin Payment Solution

Leading a $25 million funding round, Goldman Sachs and Google back blockchain startup Veem, a streamlined cross-border payments platform that uses bitcoin to transfer funds for small businesses, removing the need of banks. The San Francisco-based startup aims to transform the global payments space for small businesses, leveraging blockchain technology to increase speed and security with accurate tracking, whilst offering the lowest possible fees.  Veem states that its: “dedicated account managers have ensured the transparency large financial institutions can’t offer” Veem uses an algorithm to route transactions automatically among the most efficient payment…

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