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Huma Finance raises $38M in a Series A funding round
#HumaFinance secures $38M in a Series A funding round led by Distributed Global with participation from Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi Capital, Folius Ventures, Anagram, Race Capital, TIBAS Ventures and others. Part of this raise was invested in high-yield real-world assets available on the platform. With raised funds, Huma intends to extend its #PayFi network to the #Stellar smart contract platform and #Solana .
โHuma Finance is the PayFi network that powers the financing of global payments, with instant access to liquidity anywhere, anytime.
๐ blog.huma.finance/huma-raises-38m-to-hyper-scale-its-payfi-network
#HumaFinance secures $38M in a Series A funding round led by Distributed Global with participation from Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi Capital, Folius Ventures, Anagram, Race Capital, TIBAS Ventures and others. Part of this raise was invested in high-yield real-world assets available on the platform. With raised funds, Huma intends to extend its #PayFi network to the #Stellar smart contract platform and #Solana .
โHuma Finance is the PayFi network that powers the financing of global payments, with instant access to liquidity anywhere, anytime.
๐ blog.huma.finance/huma-raises-38m-to-hyper-scale-its-payfi-network
Huma Finance Secures $38M to Tackle Global Blockchain Liquidity Issues.
Huma Finance's recent $38M funding round signals a major step towards revolutionizing the payment financing landscape. Backed by industry giants such as Hashkey Capital and Turkey's largest bank, ฤฐลbank, Huma is poised to tackle the long-standing liquidity gaps hindering global economic growth.
Traditional financial systems often struggle to meet the ever-increasing demand for accessible liquidity. This can lead to locked funds and inefficient cross-border transactions, stifling economic development. Huma's PayFi network leverages the power of blockchain and stablecoins to offer a solution that is faster, more transparent, and has the potential to disrupt the traditional payment giants.
The merger with Arf and strategic partnerships with the Stellar and Solana Foundations highlight Huma's commitment to establishing a comprehensive decentralized payment ecosystem. With a proven track record of facilitating $1.8 billion in payment transactions, Huma has ambitious plans to reach $10 billion by next year.
A portion of the funding will be dedicated to expanding PayFi onto the Stellar and Solana blockchain platforms, further democratizing access to liquidity and strengthening Huma's position in the burgeoning Real-World Asset (RWA) market.
Huma's vision extends beyond mere payment facilitation. By decentralizing the PayFi network through the Huma Foundation, they aim to enable true global access to financial services. The upcoming PayFi Summit at Singapore Token 2049 will provide a platform to showcase their leadership in the space.
In essence, Huma Finance's innovative approach to payment financing using blockchain technology has the potential to bridge the gap between traditional finance and the decentralized future. As real-world applications of blockchain continue to grow, Huma is well-positioned to play a pivotal role in transforming the global payment landscape. Their focus on accessibility, efficiency, and decentralization promises a future where liquidity is no longer a barrier to economic growth, but rather a catalyst for innovation and prosperity.
#HumaFinance #PayFi #RWA #HashkeyCapital #Isbank
Traditional financial systems often struggle to meet the ever-increasing demand for accessible liquidity. This can lead to locked funds and inefficient cross-border transactions, stifling economic development. Huma's PayFi network leverages the power of blockchain and stablecoins to offer a solution that is faster, more transparent, and has the potential to disrupt the traditional payment giants.
The merger with Arf and strategic partnerships with the Stellar and Solana Foundations highlight Huma's commitment to establishing a comprehensive decentralized payment ecosystem. With a proven track record of facilitating $1.8 billion in payment transactions, Huma has ambitious plans to reach $10 billion by next year.
A portion of the funding will be dedicated to expanding PayFi onto the Stellar and Solana blockchain platforms, further democratizing access to liquidity and strengthening Huma's position in the burgeoning Real-World Asset (RWA) market.
Huma's vision extends beyond mere payment facilitation. By decentralizing the PayFi network through the Huma Foundation, they aim to enable true global access to financial services. The upcoming PayFi Summit at Singapore Token 2049 will provide a platform to showcase their leadership in the space.
In essence, Huma Finance's innovative approach to payment financing using blockchain technology has the potential to bridge the gap between traditional finance and the decentralized future. As real-world applications of blockchain continue to grow, Huma is well-positioned to play a pivotal role in transforming the global payment landscape. Their focus on accessibility, efficiency, and decentralization promises a future where liquidity is no longer a barrier to economic growth, but rather a catalyst for innovation and prosperity.
#HumaFinance #PayFi #RWA #HashkeyCapital #Isbank
