Formance
YC S21 ↗Paris, FR · Founded 2021 · Delaware corporation · 33 employees · 6 known investors
Formance provides a platform for developers to build and integrate complex financial applications using composable, open-source primitives that can connect to any financial partner. The platform serves enterprise companies globally seeking vendor-agnostic infrastructure for financial workflows.
Data & InfrastructureDeveloper ToolsEnterprise SoftwareFintechSaaSPaymentsB2BOpen Sourcein /formancehq@formancehqycombinator.com ↗
Founders & leadership· Y Combinator alumni (S21)
CS
Clément Salaünin𝕏Founder
AP
Anne-Sybille PradellesExecutive Officer, Director, Promoter
HF
Helene FalchierDirector
Investors · 6
Reported raises · per SEC filings
Form D private placements▶$18.5MraisedDec 2024 · 4 investors · Other TechnologyRule 506(b)
▶$18.5MraisedDec 2024 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Anne-Sybille PradellesExecutive Officer, Director, Promoter
- Clement SalaunExecutive Officer, Director, Promoter
- Helene FalchierDirector
- Offering amount
- $20M
- Amount sold
- $18.5M
- First sale
- Dec 2024
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$6.6MraisedDec 2023 · 36 investors · Other TechnologyRule 506(c)
▶$6.6MraisedDec 2023 · 36 investors · Other Technology
Rule 506(c)Officers, directors & promoters on the filing
- Anne-Sybille PradellesExecutive Officer, Director, Promoter
- Clement SalaunExecutive Officer, Director, Promoter
- Offering amount
- $6.6M
- Amount sold
- $6.6M
- First sale
- Dec 2023
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06c
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Formance Raises $21M in Series A Funding Roundffnews.com · 2025
- PayPal-Backed Formance Raises $21 Million to Grow Open-Source Ledger | PYMNTS.compymnts.com · 2025
- Formance raises $21M to build scalable Fintech Infrastructure - FoundersTodayfounderstoday.news · 2025
- Formance - Formance Raises $21M Series A to Scale Open-Source Financial Infrastructure | Formance Blogformance.com · 2025
- Formance raises $21M to build the AWS for fintech infrastructure | TechCrunchtechcrunch.com · 2025
- 💸 Formance: Open, modular foundation for unique payment flowsycombinator.com · 2022
- French fintech Formance secures €2.9 million to help companies build and track payment flows | EU-Startupseu-startups.com · 2022
