Formance
Formance, based in Paris, France, is a B2B company that offers a cloud-native payments operations platform, focusing on fintech and payments solutions.
Company History
Formance, previously known as Goldilocks and Numary, launched on July 16, 2021. The company evolved from these earlier incarnations, participating in Y Combinator's Summer 2021 batch. Based in Paris, Île-de-France, Formance focuses on providing innovative solutions for the fintech and payments sectors.
Locations and Regional Operations
Formance is headquartered in Paris, Île-de-France, France. It services regions including France and Europe. The company accommodates remote and partly remote work, reflecting its flexible and modern approach to business operations in the B2B sector.
Team Size and Structure
Formance operates with a compact and dynamic team consisting of 10 members. This small yet focused team allows for agile development and personalizing client solutions within the B2B payments and fintech sectors.
Fintech and Payments Solutions
Formance offers a cloud native payments operations platform designed for payments engineers. This platform supports the building and operation of complex fund flows, integrating multiple payment rails with internal ledger accounts. Formance provides robust developer tools essential for fintech and payments operations.
Industry and Market Focus
Formance is active in the B2B industry with a specialization in payments and fintech solutions. The company's services cater specifically to payments engineers and developers, enabling streamlined operations across complex financial transactions.
