Formance Mission, Purpose & Impact

Formance's mission — building financial infrastructure for the hybrid economy — plays out directly in the product: an open-source, MIT-licensed ledger that lets fintechs, neobanks, and regulated financial institutions build money-movement products without rebuilding core accounting logic from scratch. About 60% of Formance's customers are regulated entities (EMIs, MTLs, banking charters), meaning the mission translates into real infrastructure powering compliant financial products in production.