Top all-time · #12805
Formance
Company blog · formance.com/blog/engineering · on HN as superzampprogrammingbusiness
Formance is the company blog at formance.com, writing about programming and business. Since 2022, 6 different Hacker News readers have linked it 13 times, most often “Open Source Ledger for money-moving platforms”. It is still writing: the last post was on 2026-11-02, and you can follow it by feed.
Too few sampled comments (2) to say how often HN recommends it.?
Why HN links it
HN commenters link Formance's site as an open-source option for fee collection, payment splitting and ledgers. The comments are product promotion or bare links and do not assess any writing.
Summarised by Claude from a sample of 2 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
One programmable ledger for payments, treasury and reconciliation: model any money movement in Numscript, connect every rail, and close your books continuously.
Most-linked posts?
- Open Source Ledger for money-moving platforms3 people · 3 mentions · first linked 2022-06-24
- Warehousing Promises2 people · 3 mentions · first linked 2024-11-28
What Hacker News says?
Coincidentally written something about this yesterday [1], but the gist of my take summed up is that the nature of accounting oriented data models doesn’t help when dealing with multiple FBO accounts. The main problem is that accounting defaults to full fungibility of monetary amounts represented in a ledger, which has the effect of losing track of the precise mapping between assets and liabilities, so you end up in…
Comment linking /blog/engineering/warehousing-promises
on “Engineers do not get to make startup mistakes when they build ledgers”Submitted Formance – The Color of Money: Towards a New Data Model for Fintech, Part II as a story · 9 points
HN discussionQuestion is a bit broad, but out of all the concepts under the financial engineering umbrella you're bound to explore the concept of ledgering eventually. I've written a bit about it on my own co's product blog in an attempt to demystify some core concepts [1], [2], [3]. Still on ledgering and expanding into less mathematical and more applied concepts, I can also recommend a book called "The Accounting Game: basic a…
Comment linking /blog/engineering/ledgering-all-the-way-up
on “Ask HN: Good resources to learn financial systems engineering?”Submitted Funds Traceability in Digital Ledgers as a story · 2 points
HN discussionWe have a growing number of requests for this use-case, but we try to focus on billing right now. However, I can promote Formance ( https://www.formance.com/ ) here that can help on this vertical. They are YC folks, and tackle the use-case of collecting fees and splitting payments. And it's also open source! Hope this helps
Comment linking /
on “Launch HN: Lago (YC S21) – Open-source usage-based billing”Submitted Warehousing Promises as a story · 2 points
HN discussionFormance https://www.formance.com
Comment linking /
on “Ask HN: How would you write a ledger for micro payments without blockchain?”Submitted Execution of Temporal Queries on Third-Party Data as a story · 2 points
HN discussionSubmitted Formance – Warehousing Promises: Towards a New Data Model for Fintech, Part I as a story · 1 points
HN discussionSubmitted Open Source Ledger for money-moving platforms as a story · 1 points
HN discussionSubmitted Open, modular foundation for unique payments flows as a story · 1 points
HN discussion