Payments Company Helcim Secures $2 Million to Enhance Product Offering and Reach More Businesses

The company plans to grow its payments offering with new products to meet the needs of businesses across Canada and the US

(August 5, 2021) – Helcim, the payments company that makes it faster, easier, and more affordable for small businesses to get paid, has secured $2 million in funding to enhance its merchant platform with additional ecommerce payment tools and to extend its client base in new markets. 

The funding is provided through Western Economic Diversification Canada’s Business Scale-up and Productivity program. 

“Initiatives such as the Business Scale-up program are key to scaling the next generation of world class Canadian companies,” said Marjorie Junio-Read, Helcim Chief Financial Officer. “The team at Helcim strongly believes the next big tech company will be one that was started right here in Alberta and investments such as this one will assist Helcim in delivering world-class payment solutions and tools that provide small to medium-sized businesses every possible edge to thrive and enrich the souls of our communities.”

Over the past year the company has focused on building out its ecommerce offering and bringing more digital tools to small to medium-sized businesses. To meet the growing demand for its service and quickly respond to the changing needs of business owners, the company has ambitious plans to enhance its platform. To accomplish these goals, the team has plans to grow its development team creating meaningful employment opportunities for new graduates.

“Our team has always been committed to finding a better way for merchants to get paid,” commented Nic Beique, Helcim Chief Executive Officer. “This funding gives us the opportunity to continue to deliver the merchant experience small business owners deserve, by using the latest technology to ensure any business can access the tools they need to grow.” 

As Helcim continues to grow, it will also focus on bringing its better payments service to more businesses across Canada and the US. For more information, visit

About Helcim

Helcim is on a mission to build the world’s most loved payments company by making it easier for small businesses to get paid and grow. Helcim delivers a better payments service by making it easier to sign up, providing smarter payment tools, and making it more affordable to get paid.