Move money across borders on a ledger you can prove
Orchestrate multi-currency transfers across banks and PSPs, hold customer funds safely, and reconcile every payout automatically.
| asset | cash pool | status |
|---|---|---|
| USD | 2,481,900.00 | OK |
| EUR | 1,902,440.00 | OK |
| GBP | 884,210.00 | OK |
| USDC | 3,640,180.00 | OK |
internal ledger = external cash pools · to the cent
Cross-border flows are a reconciliation nightmare
Many rails, many currencies, many failure modes.
Each corridor adds another provider, FX step and settlement timeline. Without a single ledger, funds in flight are impossible to track and prove.
ledger @ 23:59:59 ≠ cash pool @ 23:59:59 · flagged for review
_PROOF/ Payment teams on Formance safeguard funds and reconcile every corridor from a single ledger.
Collect, convert, pay out
Every corridor is the same chain of postings.
Collect from the sender, hold in a safeguarded account, convert across currencies, and pay out — each step an auditable transaction.
Orchestration that reconciles itself
On the open-source Formance ledger. Safeguarding, FX postings and multi-provider payouts, in one model.
segregated, derived balances
SAFEGUARDING
Hold customer funds in clearly segregated accounts with balances derived from an immutable log.
| account | amount |
|---|---|
USERS:1234 | EUR/2 123,000 |
USERS:5678 | EUR/2 23,000 |
| USD/2 32,000 | |
USERS:2342 | JPY/0 123,000 |
| BTC/8 .000020 |
multi-currency, reconciled
FX & FEES
Book conversions, spreads and fees as explicit postings so multi-currency flows stay reconciled.
| asset | cash pool | status |
|---|---|---|
| USD | 2,481,900.00 | OK |
| EUR | 1,902,440.00 | OK |
| GBP | 884,210.00 | OK |
| USDC | 3,640,180.00 | OK |
internal ledger = external cash pools · to the cent
exactly-once payouts
PAYOUT ORCHESTRATION
Drive retries, waits and exactly-once payouts across banks and PSPs with programmable flows.
Read the orchestration docsEvery corridor, accounted for
A transfer that books its own FX
Collect, convert and pay out as one declarative flow.
Move a sender deposit into a safeguarded account and post the FX spread to revenue in a single transaction.
Trusted by builders
“Formance enabled us to ship new lending products faster by providing a customizable foundation that let us reliably express the complexities of our flow of funds.”
Embedded finance · reconciliation across 14 countries
See customer story
“Formance is the foundation of our Financial OS, the open-source approach lets us retain control over this key component.”
Healthcare · Financial OS
“Formance helped us kick off our move into fintech, with robust infrastructure and intuitive developer tooling.”
Benefits · fintech infrastructure
Built for regulated money.
Enterprise controls, the certifications auditors ask for, and an immutable record, out of the box.
09:41:07Z AUDIT gateway POST /api/ledger/v2/main/transactions 200 sub:ops@acme.io
09:41:09Z LOG id:4093 NEW_TRANSACTION ledger:main
09:41:12Z LOG id:4094 SET_METADATA ledger:main
09:41:15Z LOG id:4095 REVERTED_TRANSACTION ledger:main
09:41:18Z AUDIT gateway GET /api/ledger/v2/main/logs 200 sub:audit@acme.io
Keep going
Everything you need to evaluate and build on Formance.
Cross-border money movement, answered
01 / HOW ARE CUSTOMER FUNDS SAFEGUARDED?
Funds are held in clearly segregated accounts with balances derived from an immutable log, so safeguarded money is always provable and never commingled with operating funds.
02 / HOW IS FX KEPT RECONCILED?
Conversions, spreads and fees are booked as explicit postings inside the same flow. Multi-currency transfers stay reconciled because the FX leg lives on the ledger, not in a side system.
03 / WHAT HAPPENS WHEN A PAYOUT FAILS?
Payouts run as programmable flows with retries and waits, and they are exactly-once. A failed or delayed payout never leaves a balance in an ambiguous state.
04 / HOW HARD IS IT TO ADD A NEW CORRIDOR?
New banks and PSPs plug in through normalized connectors. Adding a corridor is a connector and configuration change, not another bespoke reconciliation job.
Build on infrastructure you can trust
See how Formance fits your stack, book a demo, or start building today.