New York based open source financial infrastructure startup raised $21m in Series A funding led by PayPal Ventures and Portage Ventures.
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Formance raises $21m in Series A funding
"This new funding will fuel Formance’s expansion across the US and Europe and accelerate its vision of transforming its Open Source Ledger into a full-scale platform for building and managing sophisticated financial features," said CEO Anne-Sybille Pradelles.
