Formance
New York, NY, USA and Paris, France
Founded 2021
Formance provides open-source financial infrastructure, enabling developers to build and operate complex financial flows. Their programmable ledger offers detailed visibility into transactions and streamlines reconciliation with various financial partners.
Websites:
Last Updated: March 3, 2026
Current Valuation
No valuation data available
Funding Summary
$24.1M
Total reported funding
Announcement
March 25, 2026
Powens Blog: Powens and Formance Announce Strategic Partnership to Deliver Seamless Bank Connectivity Across Europe
Funding
January 29, 2025
TechCrunch: Formance raises $21M to build the AWS for fintech infrastructure
$21M
Key People
Core OSS Projects
Formance Stack provides open-source financial infrastructure, enabling developers to build and operate complex financial flows, offering detailed visibility into transactions and reconciliation.
License: MIT/Proprietary
Business Information
Industries
Financial Services
Technologies
Accounting
Fintech
Payments
Sectors
Developers
Licenses
MPL-2.0
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