--- title: 'Solutions Engineer, Ledger at Formance' canonical: 'https://feeny.ai/job/solutions-engineer-ledger-formance-new-york-enhz3e0816p1' type: 'job' last_seen: '2026-11-08' --- # Solutions Engineer, Ledger at Formance - **Company:** Formance - **Location:** New York, NY - **Employment:** full-time - **Posted:** 2026-10-13 - **Last confirmed live:** 2026-11-08 - **Apply:** https://jobs.ashbyhq.com/formance/76495d1a-c109-47a9-9ca1-ff6bf603073f ## Job description New York (SoHo) · Hybrid, 3 days/week onsite · Full-time ## About Formance Formance builds open-source financial infrastructure. Our core product is a programmable double-entry ledger. Fintechs, crypto platforms, and financial institutions use it as the source of truth for their balances: every movement of money is recorded as a transaction between accounts, and every balance can be traced back to the postings that produced it. Around the ledger, we connect to banks and payment providers and reconcile what the ledger records against what actually moved. We are a team of 30+ people, mostly engineers, working across New York and Paris. Our systems support real money movement, so correctness is not optional. ## What you will work on Our customers are engineering teams building financial products. They come to us with questions like “how do we track user wallets, pending funds, and fees so that every cent is accounted for?” or “what happens to our balances when a payment fails halfway through?” You help them answer those questions, from the first technical conversation through proof of concept and into a successful transition to implementation. - Design money flows. Turn a customer's product into a ledger model: which accounts exist, how funds move between them, and how balances are queried. Typical use cases include user wallets, pending vs. settled funds, fees and revenue sharing, refunds and chargebacks, and multi-currency. - Lead the technical sale. Partner closely with our NYC sales team to run technical discovery and architecture sessions with CTOs, VPs of Engineering, and Heads of Payments. Build proofs of concept around real customer use cases and explain architectural trade-offs clearly, including what the ledger guarantees and what remains the customer's responsibility. - Build trust with technical buyers. Challenge assumptions, answer complex engineering questions, and help prospective customers evaluate how Formance fits into their existing infrastructure. You are comfortable engaging directly with senior technical decision-makers. - Support the transition to production. Work with our implementation team to ensure a smooth handover, sharing technical context, architectural decisions, and customer requirements. Stay involved when your expertise is needed to resolve complex technical questions. - Bring the field back to the product. Turn recurring customer patterns into reference models, examples, and documentation, and share structured feedback with our engineering team in Paris. - Support customers beyond the initial sale, helping with technical onboarding, implementation, and a smooth transition to ongoing customer support. You will join a small Solutions Engineering team and work closely with our founders, NYC sales team, and engineers. ## What we are looking for - 4+ years of experience in software engineering, solutions engineering, or technical implementation, ideally within payments, banking, fintech infrastructure, or digital assets. - A strong understanding of how money is tracked in software. You know what double-entry means in practice, or you have worked on systems where balances, transactions, and reconciliation matter. - Familiarity with real payment flows, including settlement delays, returns, partial failures, and mismatches between internal records and external providers. - Hands-on technical experience with APIs, databases, and at least one programming language. - Confidence working with technical buyers. You are comfortable leading technical conversations with engineering leaders, challenging architectural assumptions, and building credibility with highly technical stakeholders. - The ability to explain complex systems clearly to engineering, finance, and product stakeholders, and an interest in working directly with customers. - An independent approach to problem-solving. You learn unfamiliar systems quickly and use modern development tools, including AI, where they improve your work. Strong signals - You have built or maintained a ledger, wallet system, or reconciliation process. - You have worked with a banking-as-a-service provider, card issuer, or core banking system. - You have supported technical evaluations, proofs of concept, or architecture discussions with prospective customers. - You have moved from a software engineering role into a customer-facing technical position. ## How we interview Part of the process is a working session in which you walk us through how you would track money for a simple product, such as a marketplace with fees, refunds, and delayed payouts. We look at how you reason about accounts, edge cases, and architectural decisions, as well as how clearly you communicate your approach. No prior knowledge of Formance is expected. ## What we offer - $165–175k OTE - Equity - 401(k) with 4% employer match - Health insurance (medical, dental, vision) - Unlimited PTO - Annual team offsite in Europe ## About Formance ## Company Overview - **One-liner**: Formance builds open-source, programmable financial infrastructure that unifies fiat and digital assets, enabling companies to model complex money flows with full auditability. - **Entity Type**: Private (Series A) - **Headquarters**: New York City, United States - **Founded**: 2021 - **Founders**: Clément Salaün (Co-Founder, CEO) and Anne-Sybille Pradelles (Co-Founder) ## Core Business - Primary industry: Financial Infrastructure / Fintech / Software Development - Target customers: Digital asset companies, neobanks, payment platforms, vertical SaaS platforms, and regulated financial institutions (B2B, Enterprise) - Mission: To redefine how developers interact with money as a first-class primitive, and embed complex money flows in their applications. ## Products & Services - **[Ledger]**: An open-source, programmable core ledger that uses Numscript, a purpose-built language, to create complex transaction models (multi-party splits, hold-and-release flows) with double-entry precision and immutability. - **[Connectivity]**: A unified API that ingests transactions and account balances across bank accounts, payment rails, wallets, exchanges, and custodians, abstracting them into a single data model. - **[Reconciliation]**: An automated tool that compares internal ledger data against external bank statements and PSP reports to detect data drifts and settlement errors instantly. - **[Flows]**: An automation engine that chains workflows (e.g., holding funds, waiting for KYC checks, triggering payouts) to manage the end-to-end lifecycle of funds. ## Market Standing - **Valuation/Market Cap**: Not publicly disclosed - **Key Metric**: $30.8M in total funding - **Funding Rounds**: - Pre-Seed (Aug 2021): $125K (3 investors) - Pre-Seed (Jun 2022): $3.1M (led by Hoxton Ventures, Frst) - Venture Round (Dec 2023): $6.6M - Series A (Jan 2025): $21M (led by Portage3 Ventures with PayPal Ventures as a key investor) - **Estimated Annual Revenue**: $1.0M (as per LinkedIn data; likely early stage) - **Notable Investors/Partners**: PayPal Ventures, Portage3 Ventures, Hoxton Ventures, Y Combinator (S21) - **Growth Signals**: 59.4% headcount growth year-over-year (to ~36 employees), operates in 8 countries (France, US, UK, Italy, Portugal, Belgium, Ireland, Sweden), consistently hiring (5 open roles, +66.7% YoY job posting growth). ## Competitive Advantages - **Open-source core ledger**: Provides transparency, community support, and avoids vendor lock-in, allowing customers to deploy in their own cloud. - **Programmable financial logic**: Numscript language enables complex, custom money flows that are harder to replicate with traditional ledgers. - **Regulatory-grade compliance**: SOC 2 Type II certified, ISO 27001 certified, and DORA compliant (EU operational-resilience standards), trusted by regulated institutions. - **Unified data model**: Connectivity abstracts multiple providers into a single standard, reducing integration complexity. - **Immutable & auditable**: All transactions are recorded immutably, providing end-to-end traceability that simplifies audits. ## Strategic Focus - **Scaling the team**: Currently hiring for key roles including Head of Finance, Senior Account Executives, and Business Development Representatives, indicating a focus on commercial growth. - **Deepening compliance**: Continued investment in security certifications (SOC 2, ISO 27001) and regulatory compliance (DORA) to serve enterprise and regulated clients. - **Product expansion**: Building out Flows and Reconciliation to provide an end-to-end financial operations platform beyond the core ledger. - **Market expansion**: Operating across EMEA and the US, with plans to capture more market share in the hybrid economy of fiat and digital assets. ## Why Work Here - **Culture**: Emphasizes in-person collaboration ("fully on-site at our New York office"), believing it drives better decisions, faster iteration, and stronger team cohesion. - **Diversity & Inclusion**: Has a dedicated diversity and inclusion staff, a highly diverse management team, and mandates unconscious bias training. - **Perks**: Offers health/dental insurance, company equity, performance bonuses, FSA, free snacks/drinks, and well-designed office spaces with quiet and collaboration zones. - **Engineering focus**: Product + Tech employees make up 80% of the workforce; engineering teams get to work with open-source technologies and shape core financial infrastructure. - **Growth & development**: Provides structured onboarding, job training, conferences, apprenticeship programs, and consistent manager feedback loops. - **Headcount growth**: 59.4% YoY, signaling a fast-scaling environment with opportunities for impact. ## Sources 1. [formance.com](https://www.formance.com/) 2. [formance.com/about](https://www.formance.com/about) 3. [linkedin.com/company/formancehq](https://www.linkedin.com/company/formancehq) 4. [builtin.com](https://builtin.com/company/formance) 5. [jobs.ashbyhq.com](https://jobs.ashbyhq.com/formance) ## Other roles at Formance - [Pre-Sales Solutions Engineer](https://feeny.ai/job/pre-sales-solutions-engineer-formance-new-york-y5xe6pp09be3) — New York, NY - [Founding Recruiter, GTM](https://feeny.ai/job/founding-recruiter-gtm-formance-new-york-xecq3tx1de8v) — New York, NY - [Solutions Engineer, Payments Infrastructure](https://feeny.ai/job/solutions-engineer-payments-infrastructure-formance-paris-cy0j0h005ffb) — Paris, France - [Technical Account Executive, Fintech](https://feeny.ai/job/technical-account-executive-fintech-formance-new-york-kp9rr7a3xx9m) — New York, NY - [Account Executive, Fintech](https://feeny.ai/job/account-executive-fintech-formance-new-york-k2r4mfvkptcf) — New York, NY