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Veend
AddedFeb 19, 2024
UpdatedJun 18, 2026
Veend

Veend

Pre-Seed

Veend: Streamlining credit integration for financial institutions and merchants at scale.

HQ
Lagos, Lagos, NG
Founded
2021
Accelerator
Techstars logoTechstars: ARM Labs Lagos2023
Overview
Compare
Fundraising
Employees
Website

Veend, founded with the mission to streamline credit integration, provides financial institutions and merchants with the infrastructure to embed credit into various ecosystems profitably and at scale. Their range of loan products includes Federal Government Worker Loans, Remita Payroll Loans, Buy Now Pay Later (BNPL) options, and Salary-Backed Venture Loans, catering to diverse financial needs. Veend focuses on simplifying access to credit for both individuals and businesses, enhancing financial inclusivity.

Notable affiliated people and investors in Veend include key figures from the financial technology sector, though specific names are not disclosed. The company has achieved significant milestones in expanding its product offerings and establishing partnerships with major payroll systems like Remita. Veend's impact is evident in its ability to provide quick and accessible credit solutions, thereby supporting economic growth and financial stability for its users.

Veend - Similar Companies

BharatX logo

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Veend - Quick Facts

Who are Veend's competitors?

Companies similar to Veend include BharatX, Vaale, Pier and Lendflow.

When was Veend founded?

Veend was founded in 2021.

Where is Veend's headquarters located?

Veend's headquarters is located in Lagos, Lagos, NG.

When was Veend's last funding round?

Veend's most recent funding round was for $20k (USD) in December 2023.

How much has Veend raised to-date?

As of Dec 14, 2023, Veend has raised a total of $350k (USD).

How many employees does Veend have?

Veend has 24 employees as of Feb 4, 2024.

Veend - Classification

Ownership
  • Venture Capital
Technology
  • FinTech
Geographic Exposure
  • Africa
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Enterprise
  • Small Business
Main Product
  • Credit
  • Loans
Tags
  • API
  • Financial
  • SaaS
NAICS
  • 520000Finance and Insurance
SIC
  • 6200Security And Commodity Brokers, Dealers, Exchanges, And Services
  • 6280Services Allied With The Exchange Of Securities Or Commodities
  • 6282Investment Advice
Show 7 more industry codes
NAICS
  • 522000Credit Intermediation and Related Activities
  • 522300Activities Related to Credit Intermediation
  • 522320Financial Transactions Processing, Reserve, and Clearinghouse Activities
SIC
  • 6000Depository Institutions
  • 8700Engineering, Accounting, Research, Management, And Related Services
  • 8740Management And Public Relations Services
  • 8742Management Consulting Services