Veem, a US-based global payments network, has raised $31m in a series D round from a consortium led by Truist Ventures, the corporate venture capital division of Truist Financial, the country’s sixth-largest commercial bank formed in December out of the merger of BB&T and SunTrust.
Other new participants in the round included MUFG Innovation Partners, the corporate venturing unit of MUFG, the largest bank in Japan, as well as AB Ventures, the VC unit of Arab Bank, Paper Excellence, a pulp company owned by Sinar…
