<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001479750</cik>
        <entityName>North American Financial Holdings, Inc.</entityName>
        <issuerAddress>
            <street1>CORPORATION TRUST CENTER</street1>
            <street2>1209 ORANGE STREET</street2>
            <city>WILMINGTON</city>
            <stateOrCountry>DE</stateOrCountry>
            <zipCode>19801</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>800 716 0507</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <edgarPreviousNameList>
            <value>None</value>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <withinFiveYears>true</withinFiveYears>
            <value>2009</value>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>R.</firstName>
                <middleName>Eugene</middleName>
                <lastName>Taylor</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Christopher</firstName>
                <middleName>G.</middleName>
                <lastName>Marshall</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>R.</firstName>
                <middleName>Bruce</middleName>
                <lastName>Singletary</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kenneth</firstName>
                <middleName>A.</middleName>
                <lastName>Posner</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <middleName>M.</middleName>
                <lastName>DeMartini</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Peter</firstName>
                <middleName>N.</middleName>
                <lastName>Foss</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>William</firstName>
                <middleName>A.</middleName>
                <lastName>Hodges</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Marc</firstName>
                <middleName>D</middleName>
                <lastName>Oken</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <lastName>Walker III</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Corporation Trust Center</street1>
                <street2>1209 Orange Street</street2>
                <city>Wilmington</city>
                <stateOrCountry>DE</stateOrCountry>
                <zipCode>19801</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Commercial Banking</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-12-22</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>FBR Capital Markets &amp; Co.</recipientName>
                <recipientCRDNumber>25027</recipientCRDNumber>
                <associatedBDName>None</associatedBDName>
                <associatedBDCRDNumber>None</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>1001 N. Nineteenth Street</street1>
                    <city>Arlington</city>
                    <stateOrCountry>VA</stateOrCountry>
                    <zipCode>22209</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AR</state>
                    <state>CA</state>
                    <state>CO</state>
                    <state>CT</state>
                    <state>DE</state>
                    <state>DC</state>
                    <state>FL</state>
                    <state>GA</state>
                    <state>IL</state>
                    <state>IN</state>
                    <state>IA</state>
                    <state>KY</state>
                    <state>MD</state>
                    <state>MA</state>
                    <state>MI</state>
                    <state>MN</state>
                    <state>MO</state>
                    <state>NJ</state>
                    <state>NY</state>
                    <state>NC</state>
                    <state>OH</state>
                    <state>OK</state>
                    <state>OR</state>
                    <state>PA</state>
                    <state>RI</state>
                    <state>TN</state>
                    <state>TX</state>
                    <state>UT</state>
                    <state>VA</state>
                    <state>WA</state>
                    <state>WI</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>105786960</totalOfferingAmount>
            <totalAmountSold>105786960</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse></clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>78</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>4809498</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
            <clarificationOfResponse>Placement fee paid to FBR Capital Markets &amp; Co. Inc., a portion of which includes payment in the form of shares of the Company's Class A Common Stock.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>1900000</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>Until the Company generates revenue from operations, a portion of the proceeds will be used to compensate officers and directors.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>North American Financial Holdings, Inc.</issuerName>
                <signatureName>R. Eugene Taylor</signatureName>
                <nameOfSigner>R. Eugene Taylor</nameOfSigner>
                <signatureTitle>Chief Executive Officer and Chairman of the Board</signatureTitle>
                <signatureDate>2010-01-04</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
