Formance

New York
30 Total Employees
24 Product + Tech Employees
Year Founded: 2021
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Formance Leadership & Management

What People Are Saying About Formance

  • Strategic Vision & Planning: Leadership consistently articulates a clear mission to build open infrastructure for the financial internet, centered on an open-source, programmable ledger expanded into a four-module platform. Messaging remains steady across the mission page, product announcements, technical blogs, and documentation.
  • Open & Transparent Communication: Leaders publicly explain strategic choices such as the open-source rationale, maintain a Trust Center, and share compliance milestones like DORA readiness. Active public repositories and detailed docs make standards and product cadence externally observable.
  • Strong Execution: Progress from a standalone ledger to a broader platform, along with added modules and connectors (e.g., Coinbase Prime), indicates delivery against plan. Versioned releases and changelogs signal disciplined shipping in line with the stated direction.

Formance's Benefits

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