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Formance Analysis

What is Formance?

Formance offers open-source financial infrastructure for businesses to create custom fund flows and integrate with financial partners, enhancing their operational scalability.

Employees
14
Founded
2021
Revenue
<$5M
Company Stage
Series A
YC Batch
S21

Product Features & Capabilities

  • Open Source Financial Core, Modular Extensible Financial Backend, Extensive Connectivity, Enterprise-Grade Security, Programmable Financial Infrastructure

Who are the founders of Formance

AP

Anne-Sybille Pradelles

Co-Founder, CEO

CS

Clément Salaün

Co-Founder, CTO

Investors

  • PayPal Ventures
  • Portage Ventures
  • Y Combinator
  • Hoxton Ventures
  • Axeleo Capital

Company Pricing

  • Community plan: Free to try out Formance.
  • Enterprise plan: Contact for pricing to deploy in production.
  • Cloud Native Hosting options:

Find more companies like Formance

in Y Combinator batch S21 companies

Financial Overview

<$5MEstimated Revenue
Series A
January 29, 2025
Investors: Co-led by PayPal Ventures and Portage Ventures, with participation from Y Combinator.
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