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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


    508
  • Forks


    65
  • Last commit


    2 months 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


    9,710
  • Forks


    609
  • Last commit


    1 day 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, activity, 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 9,710 stars compared to 508 stars on GitHub. This 19.1x difference suggests Lago has a much larger and more active community. In terms of developer contributions, Lago has 609 forks, indicating moderate developer engagement.

Lago wins
Development Activity

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

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.