Zenobia Pay: Open Sourcing a Failed Payments Platform
2025-08-14
Two developers spent months and $20,000 building Zenobia Pay, aiming to replace high-fee card networks with bank transfers. Despite utilizing FedNow, they failed to gain traction, leading to the platform's open-source release. The project iterated through targeting SMBs, high-ticket items with fraud insurance, and finally, luxury goods with resale proof of purchase. Each iteration faced challenges, ultimately resulting in the project's abandonment. The authors detail their learnings and suggest future directions.
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Startup
payments platform