News

June 20, 2022

Payment flows API startup Formance raises $3.1m pre-seed

Formance's $3.1m pre-seed raise will help it expand its offering that tackles fintechs’ and marketplaces’ final pain point


Amy O'Brien

3 min read

Formance cofounders Anne-Sybille Pradelles and Clément Salaün

Even in the current climate, payments shows no sign of cooling off as the most lucrative frontier of fintech — Paris-based YC alumni Formance has just raised a $3.1m pre-seed to scale up its product offering and onboard new global marketplace and fintech clients. It is yet another example of just how infinite the payments possibilities for fintechs are. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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