Formance
Build custom financial flows and integrate with any provider using Formance's agnostic platform
Technical Profile & Specs
verified 2026-11-07
- Cost
- $0 / forever (Open Source)
- License
- Open Source
- Hosting Model
- Local (on your machine)
- Platforms
- desktopcross-platformone-click install
- Installation
- Clone https://github.com/formancehq/stack or deploy with Docker Compose
- Operational Setup
- Download the native package or installer for your operating system.
- Where Your Data Lives
- All application data lives locally on your own machine.
- The Catch / Trade-off
- Community-driven open source project without dedicated enterprise SLAs.
Replaces 4 paid apps
up to $100/mo ($1,200/yr) in subscriptions
Formance FAQ
Common questions
Is Formance free and open source?+
Formance is an open-source tool licensed under Open Source that runs on local. Build custom financial flows and integrate with any provider using Formance's agnostic platform
What paid software does Formance replace?+
Formance serves as a free replacement for 4 paid SaaS applications: Fragment, Modern Treasury, PayPal Braintree, Twisp, saving up to $100/month ($1,200/year) in subscription bills.
How do you install and set up Formance?+
Installation: Clone https://github.com/formancehq/stack or deploy with Docker Compose. Setup notes: Download the native package or installer for your operating system.
What is the catch or trade-off with Formance?+
Community-driven open source project without dedicated enterprise SLAs.