Many companies face limitations with their existing financial infrastructure, struggling with rigid systems that hinder the creation of custom money flows and features. In-house development and integration of additional financial partners can be time-consuming and resource-intensive, while underutilized financial products and inefficient infrastructure can lead to missed revenue opportunities.

Formance offers an open-source financial core that allows developers to build bespoke flows of funds using their choice of financial partners on an agnostic infrastructure. This platform provides a modular and extensible financial backend, enabling companies to own their financial business logic and connect with various financial providers. By using Formance, businesses can overcome the limitations of legacy systems, scale effortlessly, and unlock additional revenue streams through new financial features.

Open-source core components with multiple hosting options for ownership and control.

Agnostic abstraction layer that can be plugged with any type of financial provider.

Fully programmable for engineering and payments teams, eliminating vendor roadmap limitations.

Unlimited sub-ledgers for horizontal scalability, allowing for various sharding strategies.

Extensive connectivity through pre-built connectors or the ability to create custom connectors.

SOC 2 Type II and ISO 27001 certifications, ensuring enterprise-grade security.

Support for standard authentication protocols like OAuth, JWT, and OIDC.

Regular penetration testing by third-party security firms.

Formance targets companies dealing with money movements at scale, including those in the fintech, payments, and platform economy sectors, as well as engineering and payments teams seeking greater control and flexibility over their financial infrastructure.