Existing backer GV returned to reinvest in cross-border payment platform Veem as part of a round led by Goldman Sachs.
Veem, the US-based creator of cross-border business payment software, has completed a $25m funding round that included GV, a corporate venturing subsidiary of internet and technology conglomerate Alphabet.
Investment banking firm Goldman Sachs led the round, which included Silicon Valley Bank (SVB), Extol Capital, Trend Forward Capital, Kleiner Perkins and Pantera Capital.
Founded as Align Commerce, Veem has developed a payments platform that helps businesses pay vendors, suppliers or contractors quickly and efficiently regardless of currency. It claims to have…