Formance
Formance provides an open-source, programmable financial ledger and a broader platform for managing financial infrastructure. It offers modular services including connectivity, payment orchestration, and reconciliation, aiming to streamline financial operations for businesses with multiple accounts and payment providers. The platform aims to be a more efficient alternative to managing multiple disparate financial SaaS products.
Funding Round: Series A
Funding Amount: $21M
Date: 29-Jan-2025
Investors: PayPal Ventures, Portage, Y Combinator, Hoxton Ventures, Axeleo
Markets: Fintech, Software Development
HQ: Paris, France
Founded: 2021
Website: https://www.formance.com/
LinkedIn: https://www.linkedin.com/company/formancehq
Twitter: https://twitter.com/formancehq
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