Formance

New York
30 Total Employees
24 Product + Tech Employees
Year Founded: 2021
We're Hiring!

What's the Company Culture Like at Formance?

What People Are Saying About Formance

  • Transparency & Integrity: Company materials emphasize open-source principles, auditability, and a “verify, don’t just trust” posture with a visible Trust Center and compliance artifacts, signaling normed transparency in how work is done.
  • Learning & Knowledge Sharing: Public documentation, SDKs, and a shared domain language (Numscript) indicate a docs-forward environment where knowledge is explicitly written down and shared across teams.
  • Accountability & Ownership: Descriptions of a small, founder-led team highlight autonomy and visible impact, pointing to broad individual ownership in an early-stage setting.

Formance's Benefits

Employee feedback used to shape policies and strategy

Encourages autonomy and ownership from employees

Managers give public shoutouts and celebrate employee milestones

Managers offer consistent feedback loops

Provides modern technology across teams

Provides resources to build team camaraderie

Flexibility provided during personal challenges

Offers an Employee Assistance Program (EAP)

Offers company-sponsored happy hours

Offers company-sponsored outings

Offers wellness initiatives designed to combat burnout and mental fatigue

Works with employees to create a sustainable work pace

Defined policies promoting a professional, respectful workplace

Defined values and mission statements

Documented operating principles

Documented policies and procedures to protect employee privacy and data

Engineering team utilizes pair programming

Implements team-based strategic planning

Leadership encourages open, transparent debate

Leadership is transparent and communicative

Mistakes are treated as learning opportunities

Open office floor plan to encourage communication and collaboration

Policies promote a low-ego, team-driven culture

Prioritizes mission-driven work in decision-making processes

Prioritizes real-world impact of work in decision-making processes

Promotes a people-first, social culture

Promotes a strong in-person office culture

Uses an OKR operational model to clearly define goals and priorities

Utilizes an open door policy that encourages accessibility

Async-friendly policies, culture that encourage work flexibility

Established expectations for communication between time zones

Flexible work schedule is defined with set expectations for start times, working hours and availability

In-office days / expectations are defined

Utilizes a flexible work schedule