Top 10 Startups using Lua

Scripting languages are embedded into other software environments to automate processes at the application level, improve performance and reliability, introduce new functions to applications, and integrate complex systems.

At the command line, they can be used to execute programs on servers and present the appropriate results to the users. They are easier to learn and implement than traditional languages since they do not require compilers to execute.

Among the most popular scripting languages is Lua, which finds itself extensively used in the gaming industry as it can be used to create added functionality without contaminating the overall performance. Recently, a large number of non-gaming companies use the language for extensibility purposes. 

Continue reading as we take a deeper dive into the applications of Lua as a general embeddable extension language. The following list should help you gain a better understanding of the full potential of Lua and how you can implement new features into your projects with scripting languages.

What is Lua?

Originally designed in 1993, Lua is now one of the most widely used multi-paradigm, high-level programming languages that is primarily used for embedded use in other applications.

It is a cross-platform scripting language that provides a small set of general features that can be extended to solve various problems and implement new functionalities.

Rather than providing a set of features specific to a single paradigm language, Lua provides simple yet flexible meta-features that can be extended as required. Hence, it can be easily adapted to match a wide range of applications and fit a variety of platforms.

In the following list, we talk about some of the top start-ups that use Lua in their tech stack for a wide range of implementations like 3D animation, games, firmware, advanced graphics, etc.

Top 10 Startups Using Lua

According to StackShare, here are ten of the best startups using Lua programming language.

Affirm

Affirm is a financial services company founded in 2012 by the founder of PayPal Max Levchin. It lets users borrow microloans at a point of sale with participating vendors to finance a purchase, providing a quicker, transparent, and more inclusive lending opportunity to the consumers.

Affirm partners with Walmart, Shopify, Zen-Cart, and BigCommerce.          

Venmo

Owned by PayPal since 2012, Venmo is a U.S. based mobile payment service that allows registered users to pay or request money from their contacts. Venmo is primarily aimed at friends and family who wish to split bills during dinners, movies, or events.

It offers its services through a smartphone app where users can pay people using their Venmo balance, a credit/debit card, or U.S. bank account.

Tokopedia

The Indonesian IT company Tokopedia offers proprietary e-commerce solutions, including a free C2C business platform for merchants and buyers. The marketplace, which is their premier offering, allows merchants to reach better audiences than other channels.

Tokopedia also offers special official stores for reputed brands to do their B2C business. Other solutions include digital credit, BPJS and utility payments, flight, and event tickets, etc.

Shopify

Shopify is one of the most widely known all-in-one e-commerce platforms that powers more than 1,700,000 businesses in around 175 countries globally.

Registered merchants get access to custom tools that can be used to set up their digital storefront and sell their products; Shopify also offers a suite of e-commerce services including payment, marketing, logistics, and consumer engagement.

Syfe

Syfe is a comprehensive investment service platform that allows users to invest in US stocks and ETFs at low costs. The platform is best known for their managed solutions which involves utilizing proven investment strategies along with advanced algorithms to provide investors with diversified portfolios that are in sync with their risk profiles.

There are no hidden costs or high trading fees, ensuring the best possible returns for all trades.

Roblox

Arguably the most notable implementation of Lua is in Roblox, which is an online gaming platform and game creation system that allows users to code their own games and play titles developed by other users.

The platform hosts multiple user-generated games across multiple genres that are accessed by over 64 million active monthly users. Registered developers can view the games they play, post to a feed, and see the list of followers on the platform.

Unacademy

Unacademy is one of the largest Indian educational platforms targeted towards students from grades 6 to 12 and aspirants of competitive examinations including IIT-JEE, GATE & ESE, CAT, CLAT, UPSC, SSC, etc. The platform has over 50 million active learners who get access to daily live classes, practice sessions, mock tests, etc., through the mobile app and website.

RapidAPI

The world’s largest API marketplace RapidAPI is home to over one million developers who can discover, connect to, and manage over a thousand APIs from a single account and SDK.

RapidAPI’s customizable platform integrates seamlessly with the internal tooling, allowing the APIs to be implemented across multi-cloud environments. It is also used by engineering teams to share internal APIs and microservice documentation.

ConsenSys

Founded in 2014, ConsenSys is one of the leading blockchain software tech companies in the world that develops decentralized apps and services on the Ethereum blockchain. It is involved in several projects like the Ethereum wallet MetaMask, node infrastructure service Infura, and predictions marketplace Gnosis.

With its suite of products and services, ConsenSys makes it easy for users to build apps on Ethereum and participate in Blockchain products like NFTs, DeFi, etc.

BitMEX

BitMEX is a popular cryptocurrency exchange and derivatives trading platform that allows users to invest in global financial markets using Bitcoins with a comprehensive API and supporting tools. The P2P trading platform offers leveraged Perpetual Contracts and futures that are bought and sold in Bitcoin.

Apart from their most traded cryptocurrency product XBTUSD, BitMEX is expanding its offerings to include perpetual swaps, traditional futures, and Quanto-futures products.  

Conclusion

As a scripting language without any severe limitations, Lua can be used in various scenarios as deemed fit. From simple web server backend scripts to advanced graphics and animation, Lua excels in embedded programming and has limitless potential to add advanced functionality to any program.

For more information on how to implement Lua on your next project, contact a leading app hosting company and talk to the experts about your requirements. Please read the article Best Programming Languages for Startups to know more about this subject.

FAQ

What is Lua programming language?

It is one of the most widely used multi-paradigm, high-level programming languages that is primarily used for embedded use in other applications.

What are the advantages of Lua programming language?

– Efficient in-memory usage
– Easy to learn
– Simple language

What are ten of the best startups using Lua programming language?

– Affirm
– Venmo
– Tokopedia
– Shopify
– Syfe
– Roblox
– Unacademy
– RapidAPI
– ConsenSys
– BitMEX


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