Huma Finance, an on-chain credit platform, has achieved a significant milestone by reaching $100 million in total loan origination, with a remarkable 0% default rate, within just seven months of launching their first credit solution. The founder of Huma Finance, known as @0xErbil, discussed the platform's success and upcoming trends for 2024 in an interview with DecentialMedia, expressing pride in the team and gratitude towards their strategic partners. The platform has set an ambitious target of $2 billion in loan origination for the year 2024. The success of Huma Finance underscores the potential of blockchain technology to make a real-world impact, particularly in emerging markets where their partner Jia DeFi has backed loans to entrepreneurs.
Congrats @humafinance on reaching $100M with 0% default! We are grateful for the millions that backed Jia loans to entrepreneurs in emerging markets. Thrilled to be on this journey with you to help realize blockchain's real world impact and shape the future of finance! π https://t.co/McXC9dPtBd
Super excited to celebrate a key milestone for Huma: $100M total loan origination! Next, hit our 2024 goal: $2B origination #realworldimpact https://t.co/dePGXvmwir
Proud of the Huma team and all of our partners, getting us to this milestone in just 7 months π 2024 goal set as $2B πͺ https://t.co/i2w7caAZbQ
Super excited to celebrate a key milestone for Huma: $100M total loan origination! https://t.co/dePGXvmwir
Huma Finance reached $100M credit origination on the platform, with 0% default! π£πͺ This comes just 7 months after the launch of the first credit solution with @jia_DeFi, followed by @arf_one @BSOSTech @impactmarket and @raincards. Thank you as well to our strategic partnersβ¦ https://t.co/enZNYM7jtu
On-chain credit platform @humafinance founder @0xErbil sat with us to talk about upcoming trends for 2024 π We discussed everything from compliance to stablecoins and more! Listen to our conversation below π https://t.co/rgqP2XRlGa