Formance

Formance provides an open source financial core to build and scale modern financial products. Its modular platform allows businesses to:

• Own their financial infrastructure with open source components and flexible hosting options
• Integrate any financial provider through an agnostic abstraction layer
• Create custom financial flows with a fully programmable system

Key features include:

• Ledger: Record real-time money movements in a scalable financial ledger
• Connectivity: Easily connect to payment processors and financial providers
• Flows: Define and orchestrate complex financial workflows
• Reconciliation: Automate reconciliation across multiple data sources

Formance enables product and engineering teams to build bespoke financial capabilities without being limited by legacy systems or vendor roadmaps. The platform is designed for scalability, with enterprise-grade security including SOC 2 and ISO 27001 certifications.

By providing core financial infrastructure as open source software, Formance allows businesses to maintain control and flexibility as they grow. The modular architecture makes it easy to start small and expand functionality over time.