How does Huma Finance assist SMEs in financing?
Huma Finance's PayFi network provides on-chain financing solutions specifically for SMEs.
Using future income streams as collateral, smart contracts can lend 70-90% instantly, with a total transaction volume exceeding $5.7 billion.
The $HUMA token incentivizes nodes and governance, backed by $38 million in funding, with security audited multiple times and an active community.
In partnership with Circle, it leverages $USDC’s $5 billion in liquidity, with transaction costs as low as a few cents and confirmation times under 400 milliseconds.
PayFi allows merchants to access “in-transit” funds early, making it particularly suitable for cross-border trade and urgent liquidity needs.
Recent $HUMA events and the PayFi Summit have attracted a large number of users, with rapid ecosystem expansion.
The financing needs of SMEs in Web3 are growing, and Huma's technology makes cash flow more efficient. Huma Finance acts as an on-chain financing assistant, helping SMEs easily navigate cash flow challenges.