Formance (Series A)

Funding Details
Awarder
Inbox
Date Award
January 29, 2025
Vertical
Fintech
Funding URL
View Funding Page

Company Info
Traction
Formance has around 20 customers, with two in the U.S. representing 40% of its revenue. Clients include Booksy, Doctolib, Liberis, and Shares.
Company Description
Formance started out trying to capitalize on the need for a programmable financial ledger that can track all assets moving in and out of accounts. It now offers a modular platform that includes a connectivity platform, payment orchestration, and reconciliation services.
Market
Fintech infrastructure
Location
France
Coinvestors
PayPal Ventures, Portage, Y Combinator, Hoxton Ventures, Axeleo

Links
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