Formance
CompanyIf you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors, and funds spread across discrete services, it can become
Date
Jan 29, 2025
Category
fintech
Lead investor
Portage
Stage
Series A
Size
$21M
Glade Brook Capital
Two Sigma Ventures
Indico Capital Partners
J.P. Morgan
Founders Fund
Altimeter Capital
Index Ventures
Fin Capital
Accel
Eight Roads
CRV
HubSpot Ventures