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Powens Blog

Powens and Formance Announce Strategic Partnership to Deliver Seamless Bank Connectivity Across Europe

Formance and Powens have formed a strategic partnership to connect Formance's programmable core ledger to over 2,000 European banks via Powens's open banking infrastructure. This integration enables automated transaction synchronization, real-time reconciliation, and unified financial data within the Formance ledger.

Companies:Formance
AnnouncementMar 25, 2026

TechCrunch

Formance raises $21M to build the AWS for fintech infrastructure

Formance has secured $21 million in funding. The company aims to develop infrastructure for fintech, positioning itself as a foundational service similar to AWS for the financial technology sector.

Companies:Formance
FundingJan 29, 2025

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