Case Study: Hopeless Records achieves streamlined global payments with Veem

Hopeless Records - Customer Case Study

Hopeless Records, the independent punk label founded by Louis Posen, needed a better way to handle payments as banks became more costly and unreliable for outgoing wires and ACH transfers. The team was looking for a faster, easier alternative for sending royalties and paying vendors, especially across international transactions.

Veem provided Hopeless Records with a seamless payment solution for both domestic and international vendor payments. Using Veem, Hopeless moved over 50% of its payments through the platform, making royalty payouts and vendor logistics faster and easier while reducing reliance on expensive bank transfers.

Hopeless Records

Al Person

Chief Financial Officer