Global Partnerships Veem's 2025 strategic partnerships with LianLian Global and 12Victory broaden its cross-border payments network, signaling expansion opportunities into key corridors such as Asia-Pacific. This creates sales opportunities to target exporters, manufacturers, and marketplaces expanding internationally, offering multi-currency settlement, FX management, and compliance capabilities.
Ecommerce Growth Existing WooCommerce collaboration demonstrates traction with online sellers; there is opportunity to expand integrations with additional ecommerce platforms (Shopify, Magento, BigCommerce) to streamline supplier payments, invoicing, and AR/AP automation for merchants.
Virtual Card Growth Veem's Visa virtual card launch enables instantaneous, fee-free card-based payments, appealing to small businesses seeking faster supplier payout cycles and spend controls; this creates upsell opportunities to current customers and new verticals such as retail and services.
Manufacturing Focus Defence Industry Development Grant and manufacturing equipment investment, plus the Sharrow Marine partnership, indicate a vertical push into manufacturing and defense-adjacent sectors; target suppliers, OEMs, and contractors requiring secure, compliant cross-border payables/receivables and streamlined onboarding.
Enterprise Integrations With a large, diverse base of over 1 million businesses across 100 countries, Veem can leverage its Salesforce and Google Cloud-backed platform to cross-sell AR/AP automation, cross-border payments, and platform integrations to mid-market and enterprise buyers seeking scalable, compliant payments.