Huma Finance is a blockchainābased PayFi (āpayment financeā) protocol that offers instant, onāchain liquidity for global payment settlementāparticularly designed for crossāborder payments, trade finance, credit card settlement, and other payment use cases . Founded in 2022 by Richard Liu and Erbil Karamanāveterans from Google, Lyft, Facebook, and EarnInāthe firm raised roughly $46āÆmillion across seed and SeriesāÆA funding rounds led by investors including Circle Ventures, Stellar Development Foundation, Galaxy Digital, and Distributed Global .
Huma operates two parallel financing products: Huma Institutional, a compliance-oriented, permissioned service tailored to institutional investors requiring KYC/KYB, and HumaāÆ2.0 (permissionless), launched AprilāÆ2025, which opens liquidity provision to retail users in two modesāClassic (stable yields) and Maxi (higher HUMA-token rewards with optional lock-ups) . Liquidity providers earn real yields by financing settlements at ~6ā10āÆbasis points per day, with rapid capital turnover enabling double-digit APYs .
Humaās underlying infrastructure runs on Solana and Stellar (plus plans for Soroban), supporting multiple liquidity pools across blockchains. As of midā2025, the protocol had processed billions in financing volume and aimed to surpass $10āÆbillion in total transactions by yearās end . In parallel, Huma is building its PayFi ecosystem through education initiatives and global PayFi summits, and is preparing a governance token launch to enable onāchain governance participation by the community .
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