Lago is an open source, usage-based billing and metering solution designed for modern software companies. It offers a comprehensive suite of features to manage complex pricing models, real-time metering, and automated invoicing. Alternatives to Lago include proprietary platforms like Stripe Billing and Chargebee, as well as open-source options such as Kill Bill and Solidus, which provide flexible billing and subscription management capabilities.
Key Features:
- Real-time Usage Metering: Ingest up to 15,000 billing events per second, enabling precise tracking of resource consumption.
- Flexible Pricing Plans: Supports various pricing models, including pay-as-you-go, tiered pricing, volume discounts, and hybrid plans.
- Coupons and Discounts: Create and manage coupons for marketing campaigns and customer acquisition.
- Add-ons and One-time Charges: Implement one-time charges and instant add-ons for immediate invoicing.
- Automated Invoicing: Automatically generate and send invoices based on usage and subscription configurations.
- Prepaid Credits: Implement prepaid credit systems for predictable revenue and customer engagement.
- Native Integrations: Integrates with tools like Stripe, NetSuite, AWS Marketplace, HubSpot, and more.
- Open Source Core: Offers the flexibility to audit, customize, and extend the platform to meet specific business needs.
Use Cases:
- AI and Machine Learning: Pricing models based on API calls, data processed, or model usage.
- Cloud Infrastructure: Metering and billing for compute, storage, and network resources.
- Fintech: Managing transaction fees, subscription charges, and usage-based pricing for financial services.
- SaaS and APIs: Implementing usage-based pricing for API access, feature usage, and data consumption.
- CPaaS: Billing for communication services based on messages sent, minutes used, or channels accessed.
