Huma Finance, an innovative payment services provider, has successfully closed its Series A funding round, raising $38 million to advance its Payment Financing (PayFi) platform, which leverages real-world tokenized assets (RWA). According to the team, the funds will accelerate the implementation of cutting-edge solutions for business financing.
The round includes a $10 million investment in equity, along with an additional $28 million directed toward income-generating RWA assets on the platform. Leading venture capital firms such as Distributed Global, Hashkey Capital, Folius Ventures, Stellar Development Foundation, and TIBAS Ventures participated in the funding.
Huma Finance aims to revolutionize trade financing through blockchain technology, offering businesses access to more liquid and efficient solutions compared to traditional financial services. According to Hashkey Capital CEO Chao Deng, Huma’s PayFi solution marks a paradigm shift in payment financing, providing much-needed liquidity and operational interoperability to an industry long hindered by limited access.
The newly secured funding will also enable Huma Finance to expand its operations on the Solana blockchain and the Stellar Soroban smart contract network, opening new opportunities for platform integration and growth.