Side-by-side comparison of AI visibility scores, market position, and capabilities
Paris open-source fintech infrastructure with programmable ledger and payment orchestration at 10x revenue growth; YC $21M PayPal Ventures/Portage Series A serving Doctolib and Liberis competing with Modern Treasury for fintech ledger-as-a-service.
Formance is a Paris, France-based open-source financial infrastructure company — backed by Y Combinator with $21 million raised in a Series A in January 2025 co-led by PayPal Ventures and Portage Ventures after 10x revenue growth, with prior investment from Hoxton Ventures and Axeleo Capital — providing fintech companies, vertical SaaS platforms, and financial institutions with programmable open-source ledger infrastructure (Formance Ledger), payment orchestration (Formance Payments), and transaction reconciliation automation, positioning as the "AWS for fintech infrastructure" with a developer-friendly platform that removes the need to build custom financial data management systems from scratch. Founded in 2021 and serving customers including Doctolib, Liberis, Booksy, and Btech, Formance is growing from 20 to 50 employees by end of 2025 and opening a New York office.
Largest API marketplace with 4M developers and thousands of API providers; unified discovery, testing, and management for public and enterprise internal APIs.
RapidAPI is the world's largest API marketplace and developer hub, providing a platform where developers discover, connect to, and manage thousands of public and private APIs through a unified interface. Founded in 2015 and headquartered in San Francisco, RapidAPI connects over 4 million developers with APIs from thousands of providers — weather data, financial data, social media, translation, geolocation, and every category of web service — through a single authentication layer and consistent SDK.
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