VENDOR · APAC
Canadian payments platform Helcim raises $38 million Series C
Helcim, a Calgary-based payments and SMB banking platform, closed $38M Series C. Timing capitalizes on Canadian major banks divesting merchant services; Helcim aims to fill gap left by CIBC, TD, others selling or outsourcing.
WHY IT MATTERS
Demonstrates acqui-exit window for fintech: when incumbents retreat from SMB channels, specialized fintechs can raise at scale. Model repeatable in other markets where banks shed non-core payments.
Source: PYMNTS · 2026-08-23