Helio, a London, UK-based provider of a Web3 payments platform, raised $3.3M in Seed funding.
The round was led by Peak and Lightspeed Faction, with participation from RockawayX, Solana Labs and a group of angel investors.
The company intends to use the funds to build out the sales and marketing teams to sign partnerships with creator platforms and marketplaces, and expand its engineering team to pursue the company’s multi-chain strategy with launches planned for Bitcoin, Binance, as well as deliver an in-app wallet to enable Web2-style payment experiences and integrations.
Founded by Jim Walker and Stijn Paumen, Helio is a company for payments in the Web3 economy. Its solution offers a way for merchants, dApps, and creators to accept instant crypto payments across multiple blockchains, including Solana, Polygon, and Ethereum. The platform provides built-in content paywalling features that allow creators, such as podcasters, YouTubers, artists, NFT projects, media, or platforms to monetize content and reach a new audience with watch-to-earn models.
Since launching in the summer of 2022, the system has processed over $10 million in e-commerce, NFT sales, SaaS subscriptions, content paywalls, and other payments for over 900 merchant customers and 35,000 users.
FinSMEs
14/04/2023