Formance: Funding, Investors & Team (Oct 2026)
Formance creates and manages complex financial services that include payments, banking, lending, investing, and insurance. It allows software engineers to connect various financial partners and money transfer systems on a flexible platform.
Formance has raised $30.7M across 3 funding rounds on record, the most recent a Series A of $21.0M announced in Jan 2025.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Formance Company Profile and Key Stats
Latest funding round on record: Jan 2025.
Formance Funding Rounds
Formance raised $3.1M in a Pre-Seed announced in Jun 2022.
1.5 years later, an undisclosed round of $6.6M was announced in Dec 2023.
1.1 years later, a Series A of $21.0M was announced in Jan 2025.
Formance Founders and Leadership Team
No contact details are on record for this team yet.
Formance Funding Compared to Other Financial Services Startups
Formance's latest round of $21.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Formance Funding FAQs
What does Formance do?
Formance creates and manages complex financial services that include payments, banking, lending, investing, and insurance. It allows software engineers to connect various financial partners and money transfer systems on a flexible platform.
How much funding has Formance raised?
Formance has raised $30.7M across 3 rounds on record. The most recent is a Series A of $21.0M announced in Jan 2025.
When did Formance last raise funding?
Formance's most recent funding round on record is a Series A of $21.0M, announced in Jan 2025.
Who founded Formance?
FundedIQ lists Anne Sybille Pradelles (Founder), Clement Salaun (Founder) at Formance.
Who is the CEO of Formance?
Jim Thompson is listed as CEO at Formance.
Where is Formance headquartered?
Formance is based in Paris, Ile-De-France, France.
How many employees does Formance have?
Formance is in the 11-50 employee band.
How does Formance's funding compare to other Financial Services startups?
Formance's latest round of $21.0M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Formance Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Formance is left off this page rather than filled in.
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