# Veem

> Veem is a business payments platform combining international transfers with invoicing, approvals, batch payments and accounting integrations. It serves small businesses and payment partners, with virtual accounts, wallets and newer stablecoin infrastructure alongside traditional payment networks.

- **Founded:** 2014
- **Headquarters:** San Francisco, United States
- **Founders:** Marwan Forzley (Co-founder and CEO), Aldo Carrascoso (Co-founder)
- **Products:** Business payables and receivables, Premium automation, Multi-Currency Wallet, Virtual Bank Accounts, Veem Card
- **Notable:** Announced a $24 million Series B alongside its 2017 rebrand from Align Commerce., Company reports 1.5 million-plus users and settlement in 80-plus currencies in 2026., Citi documents WorldLink connectivity extending the payment footprint into 160 markets; this differs from Veem’s advertised customer-country availability.

## Products & services

- **Business payables and receivables** — Payment requests, invoices, scheduling, tracking and domestic or international transfers.
- **Premium automation** — Batch payments, approval workflows and integrations with QuickBooks Online, Xero and NetSuite.
- **Multi-Currency Wallet** — Hold and exchange balances across supported currencies.
- **Virtual Bank Accounts** — Dedicated local receiving details in supported markets, subject to eligibility.
- **Veem Card** — USD virtual spending card for eligible customers; expanded international eligibility in 2026.
- **Partner payment API** — Embed payment and account workflows in another platform.
- **Bridge-powered stablecoin capabilities and USDV** — April 2026 announcement of stablecoin accounts and payments, including closed-loop digital-dollar infrastructure.

## Achievements

- Announced a $24 million Series B alongside its 2017 rebrand from Align Commerce.
- Company reports 1.5 million-plus users and settlement in 80-plus currencies in 2026.
- Citi documents WorldLink connectivity extending the payment footprint into 160 markets; this differs from Veem’s advertised customer-country availability.

## Latest updates

- **2026-10** — October 14 release adds wire destinations, a partner dashboard and verification-dependent virtual-account sending and withdrawals.
- **2026-09** — September 2 release expands card funding and payment coverage, with a $25,000 default monthly limit for new cards.
- **2026-08** — August 5 release fixes some valid Guatemalan tax-ID rejections and misleading payment-acceptance confirmations.
- **2026-04** — Announced Bridge-powered stablecoin accounts and payments; separately clarified FX pricing presentation.
- **2026-03** — Expanded Visa relationship for virtual accounts in the US, Canada, UK and Europe.

## Links

- Website: https://www.veem.com/
- LinkedIn: https://www.linkedin.com/company/veem
- Twitter/X: https://twitter.com/GoVeem
- GitHub: https://github.com/veeminc
- YouTube: https://www.youtube.com/watch?v=xS0lLgVsyC0
- Facebook: https://www.facebook.com/goveem

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Profile page: https://yespress.io/veem
Published by YesPress — https://yespress.io
Last updated: 2026-10-27