Clément Salaün

Clément Salaün

Co Founder @ Formance

About Clément Salaün

Clément Salaün is the Co-Founder and CEO of Formance, a company focused on empowering financial services innovation through its open-source ledger technology.

Clément Salaün Co-Founder & CEO

Clément Salaün is the Co-Founder and CEO of Formance, a company dedicated to empowering innovative financial services. In his role, he oversees product development and engineering, ensuring the company delivers high-quality financial technology solutions. Salaün is instrumental in guiding the strategic direction of Formance, leveraging his extensive experience in the financial technology sector.

Clément Salaün's Background in Financial Services

Clément Salaün has a rich background in financial services, having previously led the payments team at Selency. At Selency, he designed and scaled systems, processes, and teams to handle multi-million dollar real-time transactions. This experience laid the foundation for his role at Formance, where he applies his expertise to create robust financial solutions.

Clément Salaün's Success with Alsid

Before Formance, Clément Salaün successfully led Alsid, a cybersecurity company, from its inception to acquisition within four years. During his tenure, he expanded the team to over 120 employees and established a global operational footprint. This achievement highlights his capability in steering companies towards significant growth and successful exits.

Formance's Participation in Major Industry Events

Under Clément Salaün’s leadership, Formance has actively participated in significant industry events. Notably, he attended TechCrunch Disrupt and Y Combinator reunion in San Francisco. Additionally, Formance made a presence at the Paris Fintech Forum where Salaün participated as a speaker. In 2023, Formance attended Money 20/20 Europe's Biggest Fintech Show, showcasing their innovations in financial technology.

Key Projects and Innovations at Formance

Formance, under Clément Salaün’s oversight, has delivered innovative solutions such as providing Newton with a flexible account structure for detailed financial tracking and compliance. Their open-source nature ensures full code visibility, leading to reliable transaction tracking. Formance’s CloudPrem I deployment model combines self-hosted data with a managed control plane, offering control and convenience. Their systems have enabled Newton to uncover bugs with zero downtime, achieving performance targets significantly below industry benchmarks.

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