Richard Liu, co-founder and co-CEO of Huma Finance, is a seasoned engineer with a seven-year tenure at Google, where he contributed to the development of Google Fi. His entrepreneurial journey includes founding Leap.ai, an AI-driven recruitment platform acquired by Facebook in 2019, and serving as CTO at EarnIn, a fintech company. At EarnIn, Liu collaborated with co-founders Erbil Karaman and Ji, leading to the establishment of Huma Finance two years ago. Huma Finance is a decentralized platform focused on Payment Financing (PayFi), particularly in the Real-World Asset (RWA) space. The company recently acquired its largest client, Arf, and has processed over $1.8 billion in on-chain transactions for global financial institutions, with stablecoins playing a significant role.
In a recent interview, Liu discussed Huma Finance's innovative approach to payment financing. He emphasized the company's mission to build an open payment financing network on the blockchain, aiming to surpass traditional financial systems like Visa in efficiency and accessibility.
@Huma Finance 🟣 recently secured $38 million in funding, including $10 million in equity financing and $28 million in liquidity financing. The investment round was led by Distributed Global, with participation from notable investors such as Solana, Hashkey Capital, and the Stellar Development Foundation. This funding will support #HumaFinance expansion into additional blockchain ecosystems, including Solana and Stellar’s Soroban smart-contract network.
Through its innovative PayFi platform, Huma Finance aims to revolutionize global payment financing by leveraging blockchain technology to enhance liquidity, transparency, and efficiency in financial transactions.
