A Calgary-based fintech powerhouse, Helcim has pulled $53 million CAD in Series C rounds through the BDC – which Growth Venture Fund is partled, and with the help of Curql Collective, Gold House Ventures, and others. The major part of the round but came from Helcim’s long-time investors: Headline Aquiline Information Venture Partners, Vesey Ventures, Clocktower Ventures, and Alberta Accelerate Fund. Helcim, which runs its own proprietary tech stack to process nearly $10 billion in annual volume for over 22,000 businesses across Canada and the U.S., will deploy the capital to scale platform innovation, launch additional financial services, expand up-market, and deepen strategic distribution partnerships with credit unions via Curql’s network.
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Highlighting the credit union sector’s need for modern merchant solutions, Nick Evens, CEO of Curql, stated: “Most credit unions lack a modern, competitive merchant services solution, often forcing their business members to seek payment processing elsewhere. Our investment in Helcim is about giving credit unions a powerful, transparent, and technology-driven payment platform that keeps small business relationships firmly within the credit union system. Helcim’s merchant-first approach directly aligns with the mission of credit unions to support local economies and help small businesses thrive.” “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.”
