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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
521stars+5(+1%)

Last 30 days

Sponsor Formance ongithub.com
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.
10,446stars+167(+1.6%)

Last 30 days

Screenshot of Lago

Detailed Comparison

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

Lago wins
Community & Popularity

Lago significantly outpaces Formance in community adoption with 10,446 stars compared to 521 stars on GitHub. This 20.0x difference suggests Lago has a much larger and more active community. In terms of developer contributions, Lago has 732 forks, indicating moderate developer engagement.

Lago wins
Growth Momentum

Lago is growing faster, adding 167 stars in the last 30 days (+1.6%) against adding 5 stars for Formance (+1%). Lago is both larger and pulling further ahead.

Comparable
Development Activity

Both projects show recent activity, with Formance last updated 3 days ago and Lago 6 hours 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 5 years ago.

Formance wins
Licensing

Formance uses the MIT license, which is more permissive than Lago's AGPL-3.0 license, potentially offering greater flexibility for commercial use and integration.

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.