Building an Open Source Financial Core • Rewiring the Financial Internet

The Internet
Joined July 2021
Compute futures list October 5. Five days before this launch, hear from the people building this market on what to lean into and the common pitfalls to avoid. Join Clément Salaün (CTO, @formancehq), Mai Trinh (CEO, @netbackyard), and Brett Harrison (CEO, @Architect_Fi) for a live webinar on September 30th. Save your spot: luma.com/v7tsvirg
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Only one week to go until our exclusive roundtable with @Architect_Fi and @netbackyard. Hear straight from the people building the compute GPU market about where it's headed. Save your spot: luma.com/v7tsvirg
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Thrilled to announce @BrettHarrison, founder and CEO of @Architect_Fi, is joining The Ledger Lab! He'll sit down with Clément Salaün (CTO, @formancehq) and Mai Trinh (CEO, @netbackyard) on September 30 to talk building a market for compute GPUs. RSVP: luma.com/v7tsvirg
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GPU compute is becoming a commodity. See what it takes to make two GPU-hours interchangeable. Mai Trinh, CEO of @netbackyard, covers the market forming around chip-time. Clément Salaün, CTO of @formancehq, covers what it takes to call two units the same thing. Join us for The Ledger Lab: Building the Market for Compute GPUs, live on September 30. RSVP here: luma.com/v7tsvirg
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The second Ledger Lab is one week out, this time on Studio. We will build a ledger schema live: description in, validated schema out, and what it still leaves for you to review. Register: luma.com/o78rbjcc
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Your agent can't see your ledger. We fixed that. New MCP server for @formancehq exposes ledger, payments, reconciliation, and Numscript directly to any connected agent.
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Ask it to draft a Numscript transaction, say split $99 90/10 between a merchant and platform fees, and it writes it, validates it, and returns the exact postings. No hand math. Available in Stack 3.2+ formance.com/blog/changelog/…
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Ask it to reconcile PSP payments against your ledger: it reads live state, matches externals 1:1, and correctly flags the two merchant purchases that also split off a platform fee as non-issues, since neither touches the outside world.
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On August 26, Clément Salaün and Finn Mabie show how Formance Studio works, live: product description in, validated ledger schema out. Register: luma.com/o78rbjcc
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Formance's MCP server is live. Give Claude Code or Codex read-only access to your ledgers, accounts, balances, and reconciliation state, right in the conversation. No tool it exposes can create a transaction or trigger a payout. Details: formance.com/blog/changelog/…
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@formancehq Studio is live. Describe the product you're building, and an agent researches your flows, designs the ledger model, and validates it against a live ledger before you see it. Read more here: formance.com/blog/product/in…
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There's always a reason something takes longer to reconcile than it should. We're closing that gap live, next week. Register: luma.com/hlgeb2el
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Formance retweeted
The Bank of Lithuania revoked UAB PAYRNET's authorization for "serious, systematic and multiple violations," including end-user funds that were not properly safeguarded. A daily balance-level reconciliation should have caught that. Most reconciliation problems are ledger design problems that show up downstream. Balances drift, settlement gets complicated, audits get painful, because the entry structure was never built to hold up at volume. @formancehq is running a session on exactly this: taking a real payment flow and building the ledger behind it from the ground up. What to expect: 🔹 How to structure entries so settlement, balancing, and reconciliation actually work 🔹 Patterns for regulatory-grade traceability and auditability, built into the ledger from day one 🔹 Approaches you can take back to your own workflow Built for finance, operations, and product teams already working with payment flows who want to automate confidently, without sacrificing correctness or compliance. luma.com/hlgeb2el
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Next week, we're building a ledger live, from a real payment flow across rails and asset types. Don't miss it: luma.com/hlgeb2el
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We've joined the @circle Alliance Program! Thrilled to be building alongside the network pushing USDC infrastructure forward.
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Reconciliation breaks when the ledger wasn't built for it. We're building one live on July 23. Real payment flow, every decision explained as it happens. lu.ma/hlgeb2el
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We're building a financial ledger live on July 23rd. No slides, just real architecture decisions made in real time. The Ledger Lab kicks off at 11am ET. Save your spot here: luma.com/hlgeb2el
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Formance retweeted
we saw u from across the restaurant and liked your wallet infrastructure awesome @formancehq x @turnkeyhq dinner last night chatting all things crypto.
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