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Marwan Forsley

๐Ÿ‘ค Speaker
306 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

About $120 million so far.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

Yeah, I mean, this is a very heavy infrastructure play.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

You've got to have licenses.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

You've got to have fairly heavy-duty technology that you need to build to automate payment processing in multiple countries.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

You've got to plug into accounting systems all around the world.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

You've got to have fraud and risk and security.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

So there's a big build here, and that build is not cheap to do.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

And so it requires infrastructure.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

And when you have infrastructure you're building out, you've got to have capital you raise to do that.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

We did that last year, August last year.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

That's a really good question.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

We announced actually today a relationship with Repay, where Repay is a public company.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

And we're teaming up with them to do cross-border payments for them.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

And we're working with them on issuing cards.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

And they decided to invest money in the company.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

So strategics kind of come in all the time and part of that.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

there's investments.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

So that's one that happened today.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

It's classical venture cycles in terms of dilution.

SaaS Interviews with CEOs, Startups, Founders
Will Veem's 300,000 SMB Customers Process Over $5b in 2021? 3 Products Driving Growth.

Well, Goldman led my series B, a strategic round.