Formance
Open Source Infrastructure for the Financial Internet
Paris, France · Founded 2021 · $24.1M raised
- Headquarters
- Paris
- Employees
- 11–50
- Founded
- 2021
- Business Model
- B2B
- Website
- formance.com
- Total Funding
- $24.1M
- Last Round
- $21.0M Series AJan 2025
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Formance Platform is building open-source infrastructure for the next wave of financial services. It enables fintech engineers to build and operate complex flow of funds, weaving together multiple payment rails with internal ledger accounts. github.com/formancehq/stack
Summary
Formance is a Developer Tools company based in Paris, France, founded in 2021. It has raised $24.1M in total across 3 rounds, most recently a $21.0M Series A round in Jan 2025. Investors include Y Combinator, PayPal Ventures and Portage Ventures.
Tech & App Stack
13 technologies & apps tracked
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Funding History
Jan 2025
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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