Helcim, a Canada-based omnichannel payment platform, has successfully raised $20 million in a Series B. The funding will be utilized to further product development and enhance distribution channels through the expansion of financing, payments, and software services for small businesses. Led by Headline, the round also saw participation from existing investors Aquiline Technology Growth and Information Venture Partners, and new investors SilverCircle, Clocktower Ventures, and Vasey Ventures. Helcim aims to cater to the underserved segment of small and medium-sized enterprises (SMEs) in North America, offering them affordable and transparent pricing for payment processing services.
Canadian Paytech Helcim Completes $20m Series B Funding Round