Helcim raises $53 million amid shakeup in Canadian payments

Calgary-based Helcim raised fresh financing and reported more than $150 million CAD in annual revenue as it looks to fill a new vacuum within Canada’s payments infrastructure. The news: The Calgary-based payments processor announced on Friday that it has raised a $53-million CAD Series C round led by the Business Development Bank of Canada (BDC)’s Growth Venture Fund. Credit union-backed Curql Collective, Los Angeles-based Gold House Ventures, and returning backers Headline, Aquiline, Informatio