 | Huma FinanceHuma Finance is an income-backed DeFi lending protocol for people and businesses around the world. It is building the infrastructure components that enable income-backed decentralized financial services. Huma’s first product is an online factoring marketplace where individuals or businesses can borrow based on their future earnings instead of their existing token assets. Seed Round: $8.3M IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat is Huma Finance
Huma was founded by Erbil Karaman, Richard Liu, Ji Peng and Lei Du who have extensive experience working together in Google, Meta, Lyft, Microsoft, Earnin, and OpenDoor. Before starting Huma, 3 of the co-founders were executives at Earnin, one of the most successful fintech startups in the U.S., providing financial wellness solutions to millions of Americans trying to make ends meet.
Huma’s first product is an online factoring marketplace where individuals or businesses can borrow based on their future earnings instead of their existing token assets. Instead of using tokens, the protocol allows borrowing based on cash flow. A borrower may use receivables like invoices or pay stubs as collateral. Initial partners on the protocol include Circle, the stablecoin issuer, and the Request Network and Superfluid blockchain payment networks.
DetailsRaised: 8,300,000 USDLegalRegistration country: United StatesRegistration year: 2023 |
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