 Pt-based bimetallic alloys have attracted intensive interests as highly efficient and stable heterogeneous catalysts for fuel cell applications, and searching flexible free-standing nanomembranes has been on the research focus because of their promising applications in catalysis, nanoelectronics, batteries, and sensing. Herein, a flexible free-standing paper composed of FePt alloy nanoparticles on nitrogen-doped paper (FePt–NG paper) has been developed as integrated electrode towards electrocatalytic oxidation of formic acid. It is found that, N doping is beneficial for the well dispersion of FePt nanoparticles on NG paper. The synergistic effect between Fe and Pt, as well as N doping effect simultaneously assures the improved catalytic activity of FePt–NG paper, making it the promising flexible electrode for application in fuel cell system. Moreover, the synthesis strategy could be used for the construction of other free-standing electrode towards catalysis, sensing, and battery applications.