Formance

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

What's It Like to Work at Formance?

What People Are Saying About Formance

  • Mission & Purpose: Work centers on building an open‑source, programmable core ledger and financial primitives to help product teams “track every cent,” which many find meaningful if they enjoy infrastructure and correctness. Feedback suggests the developer‑first, reliability‑focused mission provides clear purpose for technical contributors.
  • Innovation & Products: The platform features a programmable ledger with a dedicated DSL (Numscript), open repositories, and modules for connectivity, flows, and reconciliation, indicating a technically substantive and builder‑centric environment. Content highlighting resilience and DORA alignment underscores a focus on rigorous, reliable fintech systems.
  • Autonomy: A small, scaling team with direct access to founders and functional leads offers high ownership and the ability to shape functions early, especially with the U.S. build‑out. Feedback suggests roles that intersect with the programmable ledger and developer experience can have outsized impact at this stage.

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

Encourages lateral mobility to expand skills and impact

Posts new positions internally and encourages employees to apply

Prioritizes promotion advancement based on impact

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