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HELCIM RAISES CA$53M IN SERIES C AT CA$250M VALUATION

AI DESK1 MIN READ
SAT, AUG 22, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Calgary-based payments processor Helcim secured CA$53 million in Series C funding led by Business Development Bank of Canada's Growth Venture Fund. The round values the SMB-focused fintech at CA$250 million.

Helcim processes payments for small and medium-sized businesses across North America. The funding comes as the Canadian payments sector experiences consolidation, including Moneris's recent sale to U.S. private equity firm Advent International. The Series C injection positions Helcim to expand its market presence during a period of shifting competitive dynamics in the payments space. The company offers point-of-sale systems, online payment processing, and related financial services to SMBs. Business Development Bank of Canada's Growth Venture Fund led the round, signaling continued institutional support for Canadian fintech ventures. The investment reflects confidence in Helcim's business model and growth potential in the competitive payments processing sector.

■ SOURCES

Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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