Search Results for "Formance"
2 results for "Formance"
Deals 2
Formance Raises $21M Series A to Build Modular Fintech Infrastructure
French fintech Formance raised $21 million in Series A funding co-led by PayPal Ventures and Portage to build modular banking infrastructure. The platform offers APIs for financial connectivity, payments orchestration, and ledgers, positioning itself as the 'AWS of fintech.' U.S. customers already account for 40% of revenue.
Saxo Bank Partners with Microsoft to Migrate BaaS Platform to Azure Cloud
Saxo Bank announced a partnership with Microsoft to migrate its trading and investment platform to the Microsoft Cloud. Saxo Bank operates a white-label banking-as-a-service model supporting over 120 partnerships globally. The cloud migration aims to enhance scalability and performance for Saxo's BaaS partners, providing access to over 35,000 financial instruments.