{"id":1095,"date":"2023-03-02T06:03:18","date_gmt":"2023-03-02T06:03:18","guid":{"rendered":"https:\/\/founderlodge.com\/latest-news\/?p=1095"},"modified":"2023-03-02T06:03:19","modified_gmt":"2023-03-02T06:03:19","slug":"huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses","status":"publish","type":"post","link":"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/","title":{"rendered":"Huma Finance Raises $8.3 Million in Seed Funding to Bring Income-Backed DeFi to the Masses"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"alignleft size-full\"><img decoding=\"async\" width=\"200\" height=\"200\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/btd7yjFRQYoBxfm1677562710.png\" alt=\"\" class=\"wp-image-1096\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/btd7yjFRQYoBxfm1677562710.png 200w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/btd7yjFRQYoBxfm1677562710-150x150.png 150w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/figure><\/div>\n\n\n<p><a href=\"https:\/\/huma.finance\/\">Huma Finance<\/a> is a San Francisco Bay Area-based fintech that has raised $8.3 million in seed funding from investors including <a href=\"https:\/\/parafi.com\/\">ParaFi Capital<\/a>, <a href=\"https:\/\/www.folius.ventures\/\">Folius Ventures<\/a>, and <a href=\"https:\/\/race.capital\/\">Race Capital<\/a>. The company aims to offer an income-backed decentralized finance (DeFi) platform that allows people to earn higher yields on their savings than traditional banking methods.<\/p>\n\n\n\n<p>The platform operates on the Ethereum blockchain, enabling users to deposit stablecoins, such as USD Coin, and earn interest that is backed by real-world income streams. Huma Finance also offers a built-in financial planning tool that helps users determine how much they need to save and invest to achieve their financial goals.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"432\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-395-1024x432.png\" alt=\"Built yourself by Huma Finance\" class=\"wp-image-1098\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-395-1024x432.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-395-300x127.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-395-768x324.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-395.png 1313w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>With the recent rise of DeFi, Huma Finance is among the latest companies seeking to disrupt traditional banking services by offering a decentralized, more accessible, and transparent financial system. The company\u2019s mission is to bring DeFi to the masses, offering people of all income levels a chance to benefit from higher interest rates and greater financial freedom.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1024\" height=\"491\" src=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-394-1024x491.png\" alt=\"Connect with benefits of Huma Finance\" class=\"wp-image-1099\" srcset=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-394-1024x491.png 1024w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-394-300x144.png 300w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-394-768x368.png 768w, https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-394.png 1309w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>The seed funding will be used to further develop the platform, grow the team, and expand Huma Finance&#8217;s reach. With the backing of experienced investors, the startup is poised for growth and to make an impact in the DeFi space. Visit the link for the latest found round from Huma Finance: <a href=\"https:\/\/founderlodge.com\/round\/Huma-Finance-raises-8300000-Seed-2023-02-28-Erbil-Karaman-MTAwMDE\">https:\/\/founderlodge.com\/round\/Huma-Finance-raises-8300000-Seed-2023-02-28-Erbil-Karaman-MTAwMDE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Huma Finance is a San Francisco Bay Area-based fintech that has raised $8.3 million in seed funding from investors including ParaFi Capital, Folius Ventures, and Race Capital. The company aims to offer an income-backed decentralized finance (DeFi) platform that allows people to earn higher yields on their savings than traditional banking methods. The platform operates [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1100,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":""},"categories":[2],"tags":[265,266,262,263,268,260,269,267,264,261],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.2.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Huma Finance Raises $8.3 Million in Seed Funding to Bring Income-Backed DeFi to the Masses - Founder Lodge Latest News<\/title>\n<meta name=\"description\" content=\"Huma Finance is a San Francisco Bay Area-based fintech that has raised $8.3 million in seed funding from investors including ParaFi Capital, Folius\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Huma Finance Raises $8.3 Million in Seed Funding to Bring Income-Backed DeFi to the Masses - Founder Lodge Latest News\" \/>\n<meta property=\"og:description\" content=\"Huma Finance is a San Francisco Bay Area-based fintech that has raised $8.3 million in seed funding from investors including ParaFi Capital, Folius\" \/>\n<meta property=\"og:url\" content=\"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/\" \/>\n<meta property=\"og:site_name\" content=\"Founder Lodge Latest News\" \/>\n<meta property=\"article:published_time\" content=\"2023-03-02T06:03:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-03-02T06:03:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/founderlodge.com\/latest-news\/wp-content\/uploads\/2023\/03\/Screenshot-393.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1307\" \/>\n\t<meta property=\"og:image:height\" content=\"621\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Ayesha Kanwal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ayesha Kanwal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/\"},\"author\":{\"name\":\"Ayesha Kanwal\",\"@id\":\"https:\/\/founderlodge.com\/latest-news\/#\/schema\/person\/84b30b34a96b8f66e08acd79b29fc198\"},\"headline\":\"Huma Finance Raises $8.3 Million in Seed Funding to Bring Income-Backed DeFi to the Masses\",\"datePublished\":\"2023-03-02T06:03:18+00:00\",\"dateModified\":\"2023-03-02T06:03:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/founderlodge.com\/latest-news\/huma-finance-raises-8-3-million-in-seed-funding-to-bring-income-backed-defi-to-the-masses\/\"},\"wordCount\":235,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/founderlodge.com\/latest-news\/#organization\"},\"keywords\":[\"$8\",\"000\",\"28\/02\/2023\",\"300\",\"Folius Ventures and Race Capital\",\"Huma Finance\",\"Income backed DeFi for the 99%\",\"Investors; 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