Web3 payments firm Helio snares $3.3m in seed round


Helio, a company focused on simplifying the integration of blockchain-native payments, has raised $3.3m in a seed funding round.

The round was led by Peak and Lightspeed Faction, with further participation from RockawayX, Solana Labs and a group of leading angel investors.

Since launching in 2022, Helio has processed over $10m in e-commerce, NFT sales, SaaS subscriptions, content paywalls, and other payments for over 900 merchant customers and 35,000 users. Helio features in the top 50 DeFi apps across all blockchains, according to DappRadar.

Helio’s solution provides a secure and convenient way for merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum. The platform offers built-in content paywalling features that allow creators, such as podcasters, YouTubers, artists, NFT projects, media, or platforms to monetize content in a new way and reach a new audience with watch-to-earn models.

The newly raised capital will be used to build out its sales and marketing teams to strike partnerships with creator platforms.

Helio will also expand its engineering team to pursue the company’s multi-chain strategy with launches planned for Bitcoin, Binance, as well as deliver an in-app wallet to enable Web2-style payment experiences and integrations.

Helio CEO Stijn Paumen said, “Payments is the ultimate blockchain killer app, promising lower fees, instant settlement for merchants, and increased privacy & friction-free checkouts for users. Our goal is to bring these benefits to 100s of millions of users over time by lowering the barriers of using web3 technology and offering a familiar payment UX.

“We’re thrilled with the backing, which will allow us to execute on our roadmap, scale the platform and streamline onboarding new clients.”

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