Formance

Formance is a company that provides an open-source financial core platform for businesses. This platform allows developers to build and operate complex financial flows, including money movements, transactions, and payments, by connecting to various financial partners and providers through an agnostic infrastructure. This approach empowers product-first companies to develop innovative financial applications and features tailored to their specific business contexts, without the limitations of legacy financial infrastructures.

Formance is trusted by leading companies like Shares, Newton, and Angkas to manage their financial backend operations. Their platform is modular, extensible, and fully programmable, enabling seamless integration with various payment processors and financial providers. Formance emphasizes transparency through open-source core components and offers multiple hosting options, including cloud-based and self-hosted deployments, providing flexibility and control for businesses of all sizes.

Formance does not explicitly mention job flexibility on their website or in their job postings.

Formance aims to redefine how developers interact with money by providing an open-source, agnostic infrastructure for building and operating complex financial applications. Their mission is to empower product-first companies to create innovative financial applications by offering modular, extensible financial primitives that can be connected to any payment provider of choice. Formance believes in transparency and control, offering open-source core components and multiple hosting options, making money a first-class primitive accessible to all developers.

Formance promotes a culture of open collaboration, transparency, and innovation. As an open-source platform, they encourage community involvement and knowledge sharing, making their technology accessible to a wider audience. The company is also focused on building a diverse and inclusive team, with a commitment to empowering product-first companies to build the next generation of financial services. This is evident in their blog posts and their focus on open source technology.