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Crater vs Formance

Learn how Crater and Formance differ in their key features, development activity, technology stack and community adoption, so you can decide which of these fintech infrastructure tools is best for you.

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Favicon of Crater

Crater

Crater offers AI-driven invoicing workflows, payments, and working capital tools to enhance your platform with minimal technical effort.
  • Stars


    8,285
  • Forks


    1,683
  • Last commit


    2 years ago
  • Repository age


    6 years
  • License


    AGPL-3.0
View Repository

Warning: This project hasn't been updated in 2 years and might not be actively maintained anymore.

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Screenshot of Crater
Favicon of Formance

Formance

Build custom financial flows and integrate with any provider using Formance's agnostic platform
  • Stars


    507
  • Forks


    64
  • Last commit


    1 month ago
  • Repository age


    4 years
View Repository

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Screenshot of Formance

Detailed Comparison

Crater appears to have several advantages over Formance, particularly in popularity, maturity and licensing. Consider your specific needs regarding popularity, activity, technology, maturity, licensing and features when making your decision.

Crater wins
Community & Popularity

Crater significantly outpaces Formance in community adoption with 8,285 stars compared to 507 stars on GitHub. This 16.3x difference suggests Crater has a much larger and more active community. In terms of developer contributions, Crater has 1,683 forks, indicating strong developer engagement.

Formance wins
Development Activity

Formance shows more recent development activity with its last commit 1 month ago, while Crater was last updated 2 years ago. This suggests Formance is being more actively maintained.

Comparable
Technology Stack

Both tools share common technology foundations, being built with JavaScript. However, they differ in their additional technology choices: Crater uses Bash, Typescript, SCSS, PHP, Vue, Laravel while Formance leverages Golang.

Crater wins
Project Maturity

Crater has been in development longer, starting 6 years ago, compared to Formance which began 4 years ago. This 2.7-year head start suggests Crater may have more mature features and established processes.

Crater wins
Licensing

Crater is licensed under AGPL-3.0, while Formance's license terms are not publicly specified.

Comparable
Use Cases & Features

Both tools serve similar use cases in Fintech Infrastructure. However, they also have distinct specializations: Crater also focuses on Invoicing & Payments, Accounting Software while Formance extends into Payment Infrastructure.