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Lago Invoicing

getlago.com
Summary

Lago is an open-source and cloud-based billing and invoicing platform designed for businesses with complex pricing models, especially usage-based. It automates invoice generation, manages subscriptions, handles taxes, and provides tools for customer self-service. The platform offers extensive API integration for developers and integrates with various payment processors and data warehouses.

Features
6/19
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Must Have

3 of 5

Developer API Integration

Billing & Subscription Management

Dashboard & Reporting

Payment Processing

Fraud Detection

Other

3 of 14

Stripe Invoicing

Webhook Event System

Customer Portal

Stripe Connect

Stripe Issuing

Stripe Terminal

Stripe Treasury

Stripe Atlas

Stripe Capital

Stripe Sigma

Stripe Tax

Multi-Currency Support

Global Payment Methods

Identity Verification

Pricing
Tiered
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Open Source

$0.00 one time
  • 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
  • Custom SQL metrics

Premium

Custom
  • All Open Source features
  • 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
  • Commitments
  • Real-time prepaid credit balance
  • Revenue analytics
  • Edit draft invoices
  • Multiple billing entities
  • Dunning and payment retries
  • Alerts and budget
  • Entitlements
  • Progressive billing
  • Usage ingestion sources
  • Integrations
  • Security
  • Support
Rationale

Lago offers a comprehensive billing and invoicing platform, which aligns with several features of the Stripe Payments Platform. It explicitly mentions automatic invoice generation, customizable invoices, tax management, and payment collection via webhooks and native integrations. The platform also provides a customer portal and extensive API references for developers. While it integrates with payment processors like Stripe, it is not a payment processor itself, nor does it focus on fraud detection as a core feature. Its primary offering is billing and invoicing, which is a subset of Stripe's broader payment infrastructure.