Lago, Open-Source Stripe Alternative, banks $22M in funding

Re:Lago, Open-Source Stripe Alternative, banks $22M in funding by baxtr on Sunday April 07, 2024 @02:09AM (#39958538)

They probably didn’t get the level of funding if they haven’t already solved this.

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Re:Lago, Open-Source Stripe Alternative, banks $22M in funding by IshKebab on Sunday April 07, 2024 @02:57AM (#39958775)

Nah there are tons of startups with funding and only vague plans for actually making money.

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Re:Lago, Open-Source Stripe Alternative, banks $22M in funding by pooper on Sunday April 07, 2024 @03:00AM (#39958790)

I don't know anything about funding but most of the funding came in the before times, when we had a zero interest rate policy, right? In post zirp, would even Y Combinator darling Dropbox or Airbnb be able to secure funding (without a solid plan)?

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Re:Lago, Open-Source Stripe Alternative, banks $22M in funding by AnhTho_FR on Sunday April 07, 2024 @11:06AM (#39961244)

We raised the biggest chunk of the money in 2023, which was far from being « zero interest rate », and « founder friendly », or even « fintech friendly ». What is true is we raised the initial $3M in 2021, out of YC, on the back of our initial product that was not open source.

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Re:Lago, Open-Source Stripe Alternative, banks $22M in funding by that_guy_iain on Sunday April 07, 2024 @05:23AM (#39959548)

Developers aren’t that cheap. Plus they’re not the decision makers.

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