Lago

Lago is an open-source metering and usage-based billing API designed for businesses with complex pricing models. It helps companies manage subscriptions, generate invoices, track usage, and integrate with various payment gateways. Lago offers both a cloud-based and a self-hosted solution, providing flexibility and control over billing infrastructure.

Lago offers an open-source metering and usage-based billing API, which aligns with the 'developer-first' aspect of the Stripe Payments Platform. While it doesn't directly process payments like Stripe, it integrates with payment processors (like Stripe Payments, GoCardless, Adyen) and provides robust billing and subscription management features, including invoicing, prepaid credits, and customer portals. The API integration is a core offering, and it provides dashboards/reporting through its data pipeline feature. It lacks direct fraud detection and global payment methods as it relies on integrations for payment processing.