# Huma Finance

> Huma Finance is the first PayFi (Payment Financing) network, a blockchain protocol that lets businesses and payment providers borrow stablecoin liquidity against real-world receivables and invoices, settling cross-border payments and card transactions in seconds instead of days. Liquidity providers deposit USDC and earn double-digit yield sourced from the fees borrowers pay for that instant settlement. Founded in 2022 and built natively on Solana, Huma has processed more than $4.5 billion in transaction volume and launched its HUMA governance token in May 2025.

- **Founded:** 2022
- **Headquarters:** San Francisco, California, United States
- **Founders:** Richard Liu (Co-Founder & CEO), Erbil Karaman (Co-Founder), Ji Peng (Co-Founder), Lei Du (Co-Founder)
- **Team size:** ~15-30 employees
- **Products:** Huma 2.0 (Permissionless), Huma Institutional, PayFi Network, HUMA Token
- **Notable:** Built the first self-described PayFi (Payment Financing) network, Processed over $4.5 billion in cumulative transaction volume, Originated over $2.3 billion in credit for cross-border payments

## Products & services

- **Huma 2.0 (Permissionless)** — A Solana-based lending product where anyone can deposit USDC and earn yield from payment financing. Classic Mode mints a PayFi Strategy Token (PST) earning ~9% USDC APY plus Feather rewards; Maxi Mode forgoes yield for increased rewards.
- **Huma Institutional** — Permissioned pools serving payment institutions, cross-border payment providers, and card-settlement borrowers with compliant onchain settlement liquidity.
- **PayFi Network** — The underlying protocol connecting liquidity providers to borrowers via smart contracts across 11+ active lending pools, generating yield from borrower fees.
- **HUMA Token** — Utility and governance token launched May 26, 2025 on Solana, with a total supply of 10 billion, used to reward LPs, community contributors, and ecosystem partners.

## Achievements

- Built the first self-described PayFi (Payment Financing) network
- Processed over $4.5 billion in cumulative transaction volume
- Originated over $2.3 billion in credit for cross-border payments
- Surpassed $4 billion in transactions within two weeks of launching Huma 2.0 on Solana
- Grew Huma 2.0 deposits 132% quarter-over-quarter to $151.6M in Q3 2025
- Raised $46.3M total across Seed and Series A rounds
- Launched the HUMA token with a 5% airdrop to early liquidity providers

## Latest updates

- **2025-09** — Q3 2025: $1.7B in quarterly transaction volume (+24.4% QoQ) and Huma 2.0 deposits up 132% to $151.6M.
- **2025-05** — Launched the HUMA governance token on Solana with a Season 1 airdrop to early adopters.
- **2025-04** — Huma 2.0 (permissionless) launch on Solana surpassed $4B in transactions within two weeks.
- **2024-09** — Closed $38M Series A led by Distributed Global, with a $10M investment from the Stellar Development Foundation.
- **2024-04** — Merged with Arf, a leading on-demand global payment liquidity provider.

## Links

- Website: https://huma.finance
- LinkedIn: http://www.linkedin.com/company/huma-finance
- Twitter/X: https://twitter.com/humafinance
- GitHub: https://github.com/00labs

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Profile page: https://yespress.io/huma-finance
Published by YesPress — https://yespress.io
Last updated: 2026-07-11