San Francisco-based startup Veem, a blockchain-powered payment...

San Francisco-based startup Veem, a blockchain-powered payment service for small businesses, has reportedlyraised $25 million in a funding round led by Goldman Sachs, with GV(formally Google Ventures), Kleiner Perkins and Silicon Valley Bank also participating
According to the announcement, Veem plans to use the funding to further expand its multi-rail platform that leverages blockchain technology to ensure speed, security, and the lowest possible fees by automatically finding the best possible path for each international fund transfer. This technology is a natural progression from the SWIFT payment system.

“We’re thrilled to have Goldman Sachs lead our investment round. This funding will help us expand our footprint, increase our distribution and form new strategic partnerships,” said Marwan Forzley, CEO and Founder of Veem.
•
[Follow: @cryptonews94 ]
•
#blockchaintechnology
#bitcoin #bitcoin #blockchain #technology #coin #coinmarketcap #crypto #cryptocurrency #cryptonews94 #cash #money #altcoins #altcoin #veem
https://www.instagram.com/p/BoRvKx2ATJm/?utm_source=ig_tumblr_share&igshid=18s6oe6yfrjk8

from CryptoNews https://ift.tt/2xVLlgb
via IFTTT