SUMMARY
- Helcim raised C$53M in Series C funding.
- The funding will support platform expansion and new services.
- Helcim provides payment and software solutions for businesses.
Helcim, a Calgary-based payments company that powers small and mid-sized businesses across North America, has raised $53 million CAD in a Series C funding round led by Business Development Bank's (BDC) Growth Venture Fund.
The round also saw participation from new investors Curql Collective, a strategic investment fund backed by more than 160 North American credit unions, and Gold House Ventures, alongside continued investment from existing backers Headline, Aquiline, Information Venture Partners, Vesey Ventures, Clocktower Ventures, and Alberta Accelerate Fund.
The company plans to use the funding to expand its payments platform, develop additional financial services, and strengthen partnerships with banks and credit unions.
Funding Snapshot
| Metric | Details |
|---|---|
| Fundraise Amount | $53 million CAD |
| Funding Stage | Series C |
| Valuation | Not disclosed |
| Company | Helcim |
| Sector | Fintech / Payments |
| Headquarters | Calgary, Alberta, Canada |
| Founded | 2020 |
About Helcim
Founded in 2020, by Nic Beique, Helcim is a payments and software company focused on helping small and mid-sized businesses manage payments and related business operations.
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The company built its payment infrastructure independently rather than reselling another processor’s technology. This approach enables Helcim to offer volume based interchange-plus pricing to merchants.
Core offerings include:
- Point-of-sale solutions
- Invoicing
- Online checkout
- Smart payment terminals
- Embedded payment tools
- Payment processing
Core Technologies / Products / Services
| Capability/Product | Application/Use Case |
| Point of Sale | Enables businesses to accept and manage in-person payments |
| Online Checkout | Supports digital payment acceptance |
| Invoicing | Helps merchants bill and collect payments |
| Smart Terminal | Provides integrated payment acceptance |
| Embedded Payments | Allows payments to be integrated into business software |
Leadership Comments
"Helcim is having a unique moment, growing fast and building a real advantage in the market," said Jack Fraser, Partner at BDC Capital's Growth Venture Fund. "Their recent AI-powered integration tool is a good example of the kind of fast-moving innovation we're backing, and exactly what it will take to capture that opportunity."
"There's a real void in the market right now - merchants are coming to Helcim faster than ever, looking for a modern alternative," said Nic Beique, Helcim's Founder and CEO. "This round lets us act on this at scale: expanding our platform, growing our team, and moving up-market so no business outgrows what we can offer them."
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