#humafinance Huma Finance is a decentralized PayFi (Payment Finance) network dedicated to connecting real-world income with decentralized finance (DeFi) to facilitate global loans and payments. Essentially, it allows businesses and individuals to secure loans using future income as collateral, linking them with investors on-chain.
In more detail:
PayFi:
Huma Finance is a pioneer in the concept of PayFi, a new category in the crypto space that focuses on efficiently and quickly financing global payments using blockchain technology and stablecoins.
Income-based loans:
Instead of relying on crypto assets as collateral, Huma Finance allows users to use future income, such as payrolls, invoices, or remittances, as collateral to obtain loans.
24/7 settlement:
The platform facilitates 24/7 payment settlement through stablecoins and on-chain liquidity, enhancing the efficiency of financial transactions.
Use case financing:
Huma Finance drives the settlement of various PayFi use cases, such as cross-border payments, trade financing, and credit card financing.
