Michael Seibel

Lotus - Open-source pricing & billing

Lotus is an open-source pricing and billing engine for businesses of any model, including usage-based, per-seat, and custom pricing. Use the real-time system to optimize, test, and deploy your pricing, and streamline metering, entitlements, and invoices.

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Mikael Nida
Hey Product Hunt! Diego and I are the founders of Lotus, an open-source pricing, packaging, and billing engine that powers usage-based, per-seat, and bespoke enterprise plan pricing. We’ve built a real-time system that helps AI, SaaS, and Fintech companies convert product usage → revenue. Monetization and pricing are core aspects of every business that is often overlooked. We built Lotus to give product managers and rev-ops the tools to treat pricing as product and experiment with custom usage metrics. To give Lotus a test, head over to our GitHub repo, give us a star (https://github.com/uselotus/lotus), and then either follow the directions in the README to self-host or try out our cloud demo. Lotus covers the billing process from 1. Usage Metering 2. Rating and Aggregation into Metrics 3. Plan/Product Catalog -Version Control -Entitlements -Grandfathering 4. Subscription Management 5. Invoice Generation 6. Pricing Experimentation + Analytics Lotus empowers developers to focus on their product's core value add, which almost certainly isn’t billing while giving them the flexibility to customize and add whatever custom logic their use case needs. With extensibility in mind, we’ve adopted a full MIT license for all of our code so anyone can fork our repo and self-host our system for **free** ([https://docs.uselotus.io/overvie...). If you’re interested in our Cloud offering or a support license, book a demo uselotus.io or contact us at founders@uselotus.io Happy developing, and send a star if you enjoy the project!
Markus Sigel
@mikael_nida Really cool. Do I understand correctly that you are a mix of Stripe and Chargebee?
Mikael Nida
@markus_sigel Definitely, however we don't handle payments at all so you have to connect your Stripe or another payment gateway to Lotus in order to issue payments for the invoices. We are really trying to innovate on helping teams figure out how to best price their product and then make it super easy for them to execute on that plan!
Manoj Radhakrishnan
@mikael_nida Congratulations on the bold launch with GitHub page and Readme as the landing site. Stands true to the claim of being open source and developer focussed.
silencer.xyz
@mikael_nida Hey dude seems like an exciting project for sure. We are building an open-source project as well, currently, we have 4.6k stars on Github. Maybe we can use your product and promote each other product. Let me know what do you think, we love to work with open-source project!
MJ Amartaivan
💡 Bright idea
As a fellow open-source startup founder, I can say that Lotus is a fantastic addition to the open-source ecosystem. Its pricing and billing engine is incredibly versatile and can be used by businesses of any model. The real-time system allows for easy optimization, testing, and deployment of pricing, and the streamlined metering, entitlements, and invoicing are a huge plus. I am impressed by the work that Mikael, Diego, and the whole team have put into this project, and I do not doubt that it will be a valuable asset for any business that uses it. Keep up the good work, guys! And keep pushing the boundaries of what open source can do!
Mikael Nida
@mendorshikh Thanks for the support! Open-source FTW!!
Alex Cannon
Such a useful tool, Getting that right price point is never easy and making it this smooth to test is a great idea. Well done!
Mikael Nida
@alex_cannon Thanks Alex. Was great chatting to you about open source. Excited to see what you ship next!
Peter Mangan
💎 Pixel perfection
We were an early customer and are excited about where this is going. There is a lot to digest regarding SaaS billing, and it was refreshing to find a team focused on solving technical problems with an open-source mindset. They also were able to offer hands-on guidance on billing decisions that (sometimes much larger) alternatives lack. Excited to see the team go.
Mikael Nida
@peter_mangan Great to see your support here Peter! Excited to continue to work with you and the Promptloop team.
Ghost Kitty
Comment Deleted
Mikael Nida
@sewell_stephens Hey Sewell. For a very early stage startup or sometime of that scale Stripe Links are probably best! But when you start to scale, managing + remembering how to compute the invoice for customers who are on different unique plans with usage can get complicated. Our primary goal is to make it as easy as changing your pricing in our dashboard and everything updates seamlessly, no need to go into the code, no need to manually compute/generate/send any invoices.
Kornel Grunwald
@mikael_nida congrats on your launch, this looks like a fantastic add-on into the world of open-source solutions!
Mikael Nida
@kornel_grunwald Thanks for the support!
Gaurav Goyal
This looks like a comprehensive solution. And that too, open sourced. Super stuff :)
Mikael Nida
@gauravgoyal_gg Thanks Gaurav!
Ron Fybish
Great job 👏
Krishnaswamy Anand Ganesh
This is amazing. The future is 'Open'
Mikael Nida
@krishnaswamy_anand_ganesh Definitely! Thanks again!
Bren Kinfa 💎 SaaS Gems
Looks super useful to builders! The design is amazing. Congrats! ✌️
Kai
This one is awesome, absolutely loving it :D
Arnav Bathla
Congrats on the launch Diego and Mikael! Just day 1💪
Mikael Nida
@arnavbathla Day 0.001. Forever and ever. Thanks Arnav!
Colin Elsinga
Incredible work @mikael_nida ! Open-source FTW 🙌
Mikael Nida
@colin_elsinga Following in your footsteps. Thanks for the support Colin!
amir
Thia is interesting. So when and at what stage you would suggest Lotus could be used/helpful the most? Beta launch with waiting list or it doesn't matter?
Mikael Nida
@amirhouieh At any stage where you want to charge customers honestly. It gets more and more useful as you grow, with our target customers for paid version being larger startups.
Knok Ni
Nice project
Hardik Patil
Looking good! Congratulations on the launch!
Mikael Nida
@hardik_patil Thanks Hardik!
Richard Uren
Really like what you guys are doing. Top stuff.
Usama Ejaz
Congratulations on the launch of Lotus! Here's to a successful product!
Mikael Nida
@usamaejaz Thanks and cheers Usama!
Bjarn Bronsveld
This looks very good! Shared it with some SaaS friends to take a look at it :)
Mikael Nida
@bjarnbronsveld Appreciate that so much! Thanks Bjarn
Nityam Arun Redker
great product