Summary
Lago is an open-source and cloud-based billing engine designed for businesses with complex pricing models, especially usage-based and hybrid plans. It provides tools for real-time usage metering, subscription management, invoicing, and customer self-service through an API and a user interface.
Features5/19
See allMust Have
3 of 5
Developer API Integration
Billing & Subscription Management
Dashboard & Reporting
Payment Processing
Fraud Detection
Other
2 of 14
Stripe Invoicing
Customer Portal
Stripe Connect
Stripe Issuing
Stripe Terminal
Stripe Treasury
Stripe Atlas
Stripe Capital
Stripe Sigma
Stripe Tax
Multi-Currency Support
Global Payment Methods
Webhook Event System
Identity Verification
PricingFreemium
See allOpen Source
- Core billing features
- Subscription plans
- Usage-based charges
- Add-ons (one-time fees)
- Coupons (% or fixed)
- Prepaid usage with credits
- Tax management
- Billing webhooks
- PDF invoices
- Customer usage
- Made for small projects
Premium
- All Open Source features
- Custom SQL metrics
- Credit notes
- Billing in customers' timezones
- Invoice grace periods
- Instant charges
- Invoices sent by email
- Customer portal
- Price caps / minimums
- Override prices for negotiated contracts
- Real-time prepaid credit balance
- Revenue analytics
- Edit draft invoices
- Multiple billing entities
- Dunning and payment retries
- Alerts and budget
- Entitlements
- Progressive billing
- Custom usage ingestion sources
- Stripe Payments
- GoCardless
- Adyen
- Anrok (Taxes)
- Avalara (Taxes)
- Salesforce CRM & CPQ
- HubSpot
- NetSuite
- Xero
- Google SSO
- Okta SSO
- Multiple roles and permissions
- API key management
- Audit logs
Rationale
Lago offers a billing engine with features like usage metering, price plans, coupons, add-ons, and invoicing. It provides an API for integration and a customer portal. While it integrates with payment processors like Stripe, it is not a payment processing platform itself, but rather a billing and subscription management tool. It lacks direct payment processing, fraud detection, and many of the 'other' Stripe-specific features.
