Formance

New York
30 Total Employees
24 Product + Tech Employees
Year Founded: 2021

Formance Leadership & Management

What People Are Saying About Formance

  • Strategic Vision & Planning: Leadership consistently frames a clear product thesis—an open‑source, programmable core ledger expanding into a four‑module platform—and links funding to US/EU expansion and platform build‑out. Public materials reiterate this mission over time, including unifying fiat and digital‑asset flows.
  • Open & Transparent Communication: Leaders explain strategic choices in public (e.g., why open source), maintain a Trust Center, and publish compliance milestones such as DORA readiness. Active open‑source repos and documentation make product cadence and standards externally observable.
  • Strong Execution: Evidence of shipping includes moving from the ledger to a broader platform, adding modules and connectors like Coinbase Prime, and maintaining active repositories. Backers such as PayPal Ventures and Portage and enterprise‑oriented compliance claims align with disciplined delivery.

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