APIs · pricing
Formance pricing
Formance publishes 2 tiers. Below is each one, what it adds over the tier beneath it, and where the ladder stops being worth climbing for most people.
As of 31 August 2026, Formance pricing is free across 2 published tiers. Figures are the vendor's list prices as recorded on this page's last check; the vendor's site is the final word.
- Entry price
- Free
- Model
- Open source, no licence fee
- Tiers
- 2
- Free tier
- Yes
Formance plans, side by side
Every published tier in ascending order of price, with the number of features each one lists. An absence here means the record does not itemise it, not that the tier lacks it.
| Plan | Price | Features listed | Step up from the tier below |
|---|---|---|---|
| Open Source | Free | 5 | Entry tier |
| Enterprise | On request | 4 | Priced on request |
What each tier adds
The set difference between each tier's feature list and the one beneath it. Where a tier lists nothing new, the vendor has either stopped repeating the inherited list or the tier raises limits rather than adding capability, the record does not distinguish the two, so this page does not either.
Open Source
FreeThe entry tier. It covers mit licensed core ledger, numscript transaction dsl, multi-currency tracking, self-host anywhere, community support.
Enterprise
On requestOver Open Source, this tier adds:
- Managed or private deployment
- Payments connectivity and reconciliation
- Support with response commitments
- Annual subscription, quoted
Where Formance stops being free
Open Source, Free
- MIT licensed core ledger
- Numscript transaction DSL
- Multi-currency tracking
- Self-host anywhere
- Community support
No paid tier on record
Formance lists a free tier and no priced tier above it in the record we hold.
What the product covers
The full Formance feature record, grouped as the catalogue groups it. This is the product as a whole; the record does not map every feature onto a specific tier.
Other
- Double-entry ledger
- Numscript transaction DSL
- Multi-currency
- Payments connectivity
- Reconciliation
- Self-hosted deployment
- Cloud offering
- API and SDKs
People bring Formance in for a marketplace splitting a single customer payment between seller, platform fee and tax that needs the split to be atomic and auditable, a fintech whose homegrown balances table produced numbers finance could not reconcile and now needs proper double-entry before an audit, a payments team that wants one normalised model across several psps so reconciliation is not written separately for each, a company that wants its ledger under a licence it can keep running even if the vendor disappears. If that is not the job you are buying for, the alternatives to Formance are worth a look before you commit to a tier.
How that compares in APIs
Too few apis tools in this directory publish a starting price to quote a meaningful median, so the table below is a like-for-like list rather than a ranking.
| Tool | Entry price | Model | Rated | Head to head |
|---|---|---|---|---|
| Formance (this page) | Free | Open source, no licence fee | - | |
| Mambu | On request | quote | - | vs Formance |
| Fintech Farm | On request | quote | - | vs Formance |
| Flybits | On request | quote | - | vs Formance |
| Neonomics | On request | quote | - | vs Formance |
| Brite Payments | On request | quote | - | vs Formance |
| Meniga | On request | quote | - | vs Formance |
Ratings are aggregated from third-party sources and imported with each catalogue entry, they are not reviews hosted on Softwr. How each figure is used is set out on the Formance badges page.
Before you pay for Formance
Three things this page cannot tell you, and all three change the bill. The record carries a price and a billing period but not the unit - per-seat and flat-rate pricing are indistinguishable in this data, so a five-person team may be looking at five times the figure above. It carries no annual rate, so any discount for paying yearly is not something this page can quote. And it carries no trial length.
What it can tell you is the shape of the ladder: 2 tiers between Free and On request, with the jump itemised above. Because there is a free tier, the cheapest way to answer the rest is to use it before paying anything.
Formance runs on linux, docker, kubernetes, web, api, and is published by Formance of Paris, France. The full record is on the Formance review, and the rest of the category is under best apis tools.
Formance pricing questions
- How much does Formance cost?
- Formance publishes 2 tiers, from Free for Open Source up to On request for Enterprise. The entry tier costs nothing.
- Does Formance have a free plan?
- Yes. The Open Source tier costs nothing and covers mit licensed core ledger, numscript transaction dsl, multi-currency tracking.
- What is the difference between Open Source and Enterprise on Formance?
- Enterprise costs On request against Free, and adds managed or private deployment, payments connectivity and reconciliation, support with response commitments, annual subscription, quoted.
- What am I actually paying for with Formance?
- The record lists 8 features across 1 area: other. In practice it is brought in for a marketplace splitting a single customer payment between seller, platform fee and tax that needs the split to be atomic and auditable, a fintech whose homegrown balances table produced numbers finance could not reconcile and now needs proper double-entry before an audit, a payments team that wants one normalised model across several psps so reconciliation is not written separately for each.
- Does Formance charge per user?
- The record carries a price and a billing period for each of its 2 tiers, but not the unit that price is charged in. Per-seat and flat-rate billing look identical in this data, so check the vendor's page before budgeting for a team.
- Are these Formance prices current?
- They are what the catalogue entry holds, refreshed when the entry is. Vendors change pricing without notice and nobody at Softwr re-verifies each tier by hand, so treat this as a structured summary and the vendor's own pricing page as the authority.
- What should I compare Formance against before paying?
- The closest apis tools in this directory are Mambu, Fintech Farm, Flybits, Neonomics. Each has a side-by-side comparison with Formance covering price, platforms and features.