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Formance vs Lago

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

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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
Favicon of Lago

Lago

Open-source billing system that handles metering, usage-based pricing, and invoicing at scale. Perfect for AI, cloud, and API companies needing flexible monetization.
  • Stars


    9,607
  • Forks


    595
  • Last commit


    5 days ago
  • Repository age


    4 years
  • License


    AGPL-3.0
  • Self-hosted


    Yes
View Repository

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Screenshot of Lago

Detailed Comparison

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

Lago wins
Community & Popularity

Lago significantly outpaces Formance in community adoption with 9,607 stars compared to 507 stars on GitHub. This 18.9x difference suggests Lago has a much larger and more active community. In terms of developer contributions, Lago has 595 forks, indicating moderate developer engagement.

Comparable
Development Activity

Both projects show recent activity, with Formance last updated 1 month ago and Lago 5 days ago.

Comparable
Technology Stack

Both tools share common technology foundations, being built with Golang. However, they differ in their additional technology choices: Formance uses JavaScript while Lago leverages Bash.

Comparable
Project Maturity

Both projects started around the same time, with Formance beginning 4 years ago and Lago 4 years ago.

Lago wins
Licensing

Lago 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 Payment Infrastructure. However, they also have distinct specializations: Formance also focuses on Fintech Infrastructure while Lago extends into Subscription & Billing Management.

Lago wins
Hosting & Deployment

Lago provides self-hosting options for complete data control and customization, while Formance may be primarily cloud-based or require different deployment approaches.