Engineers need open source to end their billing nightmares
Blog post from Lago
An article on Hacker News titled "Why billing systems are a nightmare for engineers" resonated strongly with readers, highlighting the complexities engineers face when building billing systems. This response reinforced the creators of Lago, an open-source billing API, in their mission to simplify the process of developing custom billing systems for companies of all sizes. Lago aims to provide flexibility and customizability without the burdens of proprietary systems or exorbitant revenue cuts by third-party solutions. It offers engineers a core API, along with clients in Ruby, Node.js, and Python, and a user interface called "Lago Front" for managing billing features. Lago’s open-source nature encourages collaboration and addresses the myriad edge cases overlooked by closed-source solutions, and it supports various billing models, including subscription-based, usage-based, and hybrid approaches. While the self-hosted version of Lago is free, Lago Cloud offers a hosted version to support sustainable development. Lago's goal is to integrate seamlessly with a diverse set of tools, creating a "Modern Pricing Stack" that adapts to evolving company needs, aiming to become the billing standard for the next generation of software companies.