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Helium Health

“Can an African healthcare EMR become the embedded financial operating system for the continent's fragmented private healthcare sector?”

Founded2016
HQLagos, Nigeria
FoundersAdegoke Olubusi
Total raised$82.7M
Latest roundSeries B, 2023
IndustryVertical SaaS / Healthcare
The story

Helium Health began as an EMR/HMIS SaaS company for African hospitals and clinics, then expanded into embedded finance in 2020 by launching HeliumCredit — collateral-free working-capital loans to healthcare facilities using EMR-generated transaction data. Following its 2023 $30M Series B led by AXA IM Alts, the company doubled down on fintech, layering HeliumWallet (payment processing for HMOs and private-pay patients) on top of HeliumCredit to become the embedded financial infrastructure for African healthcare providers. Additional pillars — HeliumDoc telemedicine (via the Meddy acquisition), HeliumCoPilot LLM assistant, and an anonymised health-data insights business — round out the platform.

Last 12 months
2025-12
2025-10
2025
Product timeline
2016
Founded (formerly OneMedical) to digitize EMR/HMIS for African healthcare providers.· pivot
2020
Launched HeliumCredit, a lending product for healthcare facilities in Nigeria.· lending
2020
Closed $10M Series A co-led by AAIC and Global Ventures with Y Combinator and Tencent participation.· banking
2021
Acquired Meddy (UAE) to expand telemedicine and enter GCC market.· acquisition
2023
Raised $30M Series B led by AXA IM Alts to scale HeliumCredit fintech product.· lending
2025
Introduced HeliumWallet payment processing platform alongside HeliumCredit as an integrated financial infrastructure suite.· banking
Acquisitions
Meddy2021
UAE-based healthcare provider-patient interaction platform; folded into HeliumDoc to add telemedicine and support GCC expansion.
The stack
3 layers disclosed in Helium Health’s embedded-finance stack
Payments / PSP
HeliumWallet (self-operated)
Lending
in the full report
Accounting
in the full report
Accounting gap: significant
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.

Helium Health — frequently asked

Who is Helium Health's payment processor?

Helium Health processes payments through HeliumWallet (self-operated).

Who provides Helium Health's lending?

Helium Health's lending and capital products are provided by HeliumCredit (in-house).

Which accounting software does Helium Health integrate with?

Helium Health integrates with QuickBooks Online.

What is Helium Health's embedded finance stack?

The Embedded Finance Index 2026 maps 3 layers in Helium Health's stack: Payments / PSP (HeliumWallet (self-operated)); Lending (HeliumCredit (in-house) and HeliumCredit); Accounting (QuickBooks Online).

Who founded Helium Health?

Helium Health was founded by Adegoke Olubusi and is founded in 2016, headquartered in Lagos, Nigeria.

How much funding has Helium Health raised?

Helium Health has raised $82.7M in total (latest round: Series B, 2023).

What companies has Helium Health acquired?

Helium Health's acquisitions include Meddy (2021).

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