Helcim secures $20m in Series B to revolutionize payment processing


Helcim, a payment processing platform, has announced a financial milestone with the closure of its $20m Series B funding round.

The investment was spearheaded by Headline, demonstrating strong confidence in Helcim’s vision and strategy. This round of funding welcomed participation from new investors including Clocktower Ventures, Vesey Ventures, and SilverCircle, alongside existing backers Information Venture Partners and Aquiline Technology Growth.

Helcim stands out in the FinTech sector by offering a comprehensive suite of payment and business management solutions tailored for small to mid-sized businesses (SMBs) in the U.S. and Canada. The company’s mission is focused on transforming the payment experience for merchants in critical sectors such as healthcare, automotive, B2B wholesale, and professional services. Helcim’s reach extends across every state in the U.S. and spans 12 of the 13 provinces and territories in Canada, highlighting its extensive impact.

The core of Helcim’s success lies in its commitment to serving the underserved Main Street business segment. By recognizing the unique challenges faced by businesses like law firms, dental practices, veterinary clinics, and automotive repair shops, Helcim has developed solutions that offer higher Average Order Values (AOVs), low digital payment penetration, and affordable, transparent pricing to meet the tight working capital needs of these businesses.

At the helm of Helcim is CEO and founder Nicolas Beique, a self-taught programmer and seasoned entrepreneur, who is supported by Marjorie Junio-Read, Chief Financial Officer, and Brett Popkey, Chief Technology Officer. The leadership team’s dedication to simplifying and enhancing payment processing for North American businesses is unwavering.

Helcim’s latest funding will fuel the expansion of its product offerings, emphasizing the enhancement of omnichannel distribution channels and the introduction of new payment, software, and financing capabilities for SMB merchants. This strategic investment aims to further establish Helcim as a leading brand in the payment processing industry, facilitating the shift of B2B payments from traditional to digital platforms.

King Goh, Partner at Headline, expressed enthusiasm for the partnership, stating, “There is so much potential to better serve small and medium businesses across North America, from the local dentist to the accountant. The opportunity to redefine how Main Street moves their money and streamlines business operations in a cost-effective yet superior experience is incredible; what we saw in Helcim was a team that is entirely obsessed with improving the way that Main Street businesses are treated, their dedication has the potential to significantly disrupt the market.”

Nicolas Beique reflected on the impact of the investment, “Our goal at Helcim has always been to be a champion for our small business merchants by giving them affordable and clearly-priced payment solutions, combined with amazing customer service. There are millions of small and mid-market businesses out there still being underserved by traditional bank processors – this investment is allowing us to bring our service to more merchants in North America and support the small businesses that power our economy.”

This Series B funding round represents a significant vote of confidence in Helcim’s approach and vision for the future of payment processing, further solidifying its position as a key player in the FinTech industry.

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