Huma Finance has raised $38M in Series A and Liquidity funding rounds
Huma Finance has raised $38M via Series A funding and liquidity funding. The equity round was led by Distributed Global. Other investors in the round include Hashkey Capital, Circle, ParaFi, Robot Ventures, Fenbushi Capital, Folius Ventures, Anagram, Race Capital, and TIBAS Ventures.
Part of this raise came as investments into high-yield real-world assets on the platform. For the RWA component, Stellar Development Foundation was the largest participant, dedicating $10M.
Huma Finance is the first Payment Financing (PayFi) network that payment financing by utilizing real-world assets to deliver instant liquidity. In 2023, it has raised $8.3M in seed funding backed by Race Capital, Distributed Global, ParaFi, Circle Ventures, and Robot Ventures.
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