Top accelerator startups

Startups14,448Programs29

14,448 startups · 29 programs

Formance

Active · Open Source Infrastructure for the Financial Internet

WebsiteYC profile

Why it ranks

How the rank works
14signal of 100 · rising 3
  • team of 33Team size · YC's directory+7.9
  • went through YCProgram · this site+4
  • hiringHiring · Titles (titles.fru.dev), YC+2

A sum of public facts, not a judgement and not investment advice.

Competitors

AIOpenProseShared: source infrastructure, building openYC X26BostonStartup →OtherMalgaShared: multiple payment, paymentsYC S21Rio de JaneiroStartup →AIAutumnShared: source infrastructure, openYC S25LondonStartup →OtherNALAShared: payment rail, payments, buildingYC W19New York CityStartup →AIXDC AIShared: payment rail, openPlug and PlayUnited Arab EmiratesStartup →
Companies closest to Formance
Company
OpenProseShared: source infrastructure, building openYC X26ActiveAI, Devtools
MalgaShared: multiple payment, paymentsYC S21ActiveOther
AutumnShared: source infrastructure, openYC S25ActiveAI, Data, Devtools
NALAShared: payment rail, payments, buildingYC W19ActiveOther
XDC AIShared: payment rail, openPlug and Play Not statedAI, Devtools

Adjacent

AIOWNYShared: payment railYC S18San FranciscoStartup →OtherInfiniaShared: payment rail, payments, accountYC W23MontevideoStartup →OtherFT CashShared: multiple payment, payments, financial500 Global 2017IndiaStartup →OtherVotingWorksShared: building open, sourceYC W19BostonStartup →Developer toolsPokoShared: payment rail, payments, infrastructureYC W22SingaporeStartup →
Companies next to Formance
Company
OWNYShared: payment railYC S18ActiveAI
InfiniaShared: payment rail, payments, accountYC W23ActiveOther
FT CashShared: multiple payment, payments, financial500 Global 2017Not statedOther
VotingWorksShared: building open, sourceYC W19ActiveOther
PokoShared: payment rail, payments, infrastructureYC W22ActiveDevtools

Also from S21 in Developer tools

All of S21
Developer toolsDots 💸Developer friendly drop in payouts infrastructureYC S21San FranciscoStartup →Developer toolsAcquiredWarrantAuthorization and access control as a service.YC S21Los AngelesStartup →Developer toolsInactiveAbbotYour Customer Success Co-PilotYC S21San FranciscoStartup →Developer toolsArchbeeTURN STATIC DOCS INTO INSTANT ANSWERSYC S21BucharestStartup →Developer toolsAcquiredArenguBuild frictionless signup flows in minutesYC S21A CoruñaStartup →Developer toolsAviatorGoogle-level engineering productivity suiteYC S21San FranciscoStartup →
Company
Dots 💸Developer friendly drop in payouts infrastructureteam of 10hiringActiveDevtools
WarrantAuthorization and access control as a service.acquiredteam of 3AcquiredDevtools
AbbotYour Customer Success Co-Pilotteam of 5InactiveDevtools
ArchbeeTURN STATIC DOCS INTO INSTANT ANSWERSteam of 12ActiveDevtools
ArenguBuild frictionless signup flows in minutesteam of 10acquiredAcquiredDevtools
AviatorGoogle-level engineering productivity suiteteam of 6hiringActiveDevtools

About Formance

Formance Platform is building open-source infrastructure for the next wave of financial services. It enables fintech engineers to build and operate complex flow of funds, weaving together multiple payment rails with internal ledger accounts. github.com/formancehq/stack

YC batch
S21 · Summer 2021
Status, per YC
Active
Category
Developer tools
Team size
33
Location
Paris, Île-de-France, France
Checked
6h ago

YC tags: Developer Tools, Fintech, Payments, B2B, Open Source

Formance in S21: 391 companies, 34% AI

Formance: questions

Which YC batch was Formance in?

Formance was in Y Combinator's Summer 2021 batch (S21).

Is Formance still active?

Y Combinator lists Formance as active.

Where is Formance based?

Formance lists Paris, Île-de-France, France as its location on YC's directory.