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