What is Huma Finance?
DeFi Protocol for Income and Receivables: Huma allows the use of future revenues—such as salaries and invoices—as collateral to obtain decentralized financing, instead of relying solely on crypto assets.
It calls itself the first “PayFi” network globally, enabling institutions and individuals to access instant liquidity in stablecoins like USDC/USDT.
🎯 Business Model – PayFi
Real revenues (such as invoices or salaries) are tokenized and entered onto the blockchain, and are used as collateral for credit. @Huma Finance 🟣
Lenders on the blockchain fund liquidity, while borrowers provide liquidity in exchange for fees and interest, partially distributed to them.
Supports institutions like Solana and Stellar, with funding partnerships with Circle, Galaxy Digital, and others.
💰 Funding and Expansion
Raised $8.3 million in a Seed funding round in February 2023 led by Race Capital and Distributed Global.
In September 2024, raised $38 million in a Series A round along with a merger with Arf to expand liquidity services backed by real assets.
🌐 Recent Updates
🧩 Summary
Huma Finance is an innovative decentralized financing platform that relies on real revenues as collateral, aimed at companies and individuals in emerging markets. The platform combines blockchain technologies, stablecoins, and income mining mechanisms to provide instant liquidity and attractive returns for funders, $HUMA