2023-04-13

News

CGU invests in Helio as part of their seed round investment

CGU invests in Helio as part of their seed round investment

Helio is a promising Web3 payments platform that enables rapid integration of crypto payments for online merchants, akin to a PayPal for Web3.

Helio was founded by serial entrepreneurs Jim Walker and Stijn Paumen with a vision to build a “Stripe” for the Web3 economy that makes integrating blockchain-native payments as simple as setting up a Gmail account. The goal is to bring payment benefits to 100s of millions of users over by lowering the barriers of using web3 technology and offering a familiar payment UX

Today, Helio has announced a successful funding round, raising $3.3 million in a seed round.

Taking investment advice from Web 3 investment research group Mercury Rising, CGU is thrilled to participate as part of the investor group to help execute the plans to scaling the platform & streamlining onboarding of new merchants.

Read full report from investment research group Mercury Rising here.