Lago

5.1

Open-source billing platform for usage-based pricing, subscriptions, metering, invoicing, and payment orchestration.

Get Paid & Manage Money

5.1/10

Free Tier

1+ Integrations

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What It Does

Real-time usage metering at up to 15,000 events per second

Any pricing model — usage-based, subscription, hybrid, prepaid credits

Automatic invoice generation with coupons, discounts, and one-time charges

Open-source and self-hostable — or managed cloud service

Source: Lago·Verified March 2026

Strengths & Weaknesses

Fully open-source (free self-hosted) — no licensing fees

Handles complex billing Stripe Billing struggles with

Trusted by Mistral.ai, Synthesia, and PayPal

SOC 2 Type 2 compliant for financial data

Weaknesses

Self-hosting needs engineering resources

Cloud pricing not published — contact sales

Newer and smaller community than Stripe or Chargebee

Not plug-and-play for non-technical teams

Integrations

StripeNative

Lago has a native Stripe integration for automatic payment collection when invoices are generated.

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AI Features

This tool does not currently include AI features.

We update tool profiles regularly. Check back for changes or explore our AI Tools category for AI-powered alternatives.

STOA's Verdict

5.1

Rating

Lago is best for tech-savvy small businesses that need flexible, usage-based billing and have a developer on staff to set it up. The self-hosted version is completely free, which is a huge win if you can manage it yourself — but if you need the managed cloud version, pricing is unclear and likely expensive. Most small businesses without technical resources will find it too complex to get running.