Helcim, a payments processor for SMBs, raised a CA$53M Series C led by Business Development Bank of Canada's Growth Venture Fund at a CA$250M valuation (Madison McLauchlan/BetaKit)

Helcim, a payments processor serving small- and medium-sized businesses, secured a CA$53 million Series C financing round led by the Business Development Bank of Canada’s Growth Venture Fund, valuing the company at CA$250 million. The funding will be used to expand Helcim’s product suite and accelerate growth in North America.