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APIs · head to head

Apollo GraphQL vs Formance

Apollo GraphQL logo

Apollo GraphQL

APIs

GraphQL platform and API orchestration layer for building unified graphs

From
Free
Rated
-
Full reviewWebsite
Formance logo

Formance

APIs

Open source double-entry ledger and payment orchestration for money-moving software

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Apollo GraphQL pricing beyond the Developer tier requires contacting sales, making cost comparison harder for mid-size teams.; Formance formance holds no money and provides no regulatory cover, so it must be paired with a payments provider or bank, and buyers occasionally mistake a ledger for a treasury system and discover the gap late.
  • They diverge on capability: Apollo GraphQL covers Apollo Connectors, Formance covers Double-entry ledger.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Apollo GraphQL and Formance actually diverge.

Attributes where Apollo GraphQL and Formance differ
AttributeApollo GraphQLFormance
Pricing modelfreemiumOpen source, no licence fee
Platformsweb, apiLinux, Docker, Kubernetes, Web, API

Identical on both: starting price (Free), free tier (Yes), user rating (Not yet rated), category (APIs).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Apollo GraphQL

  • Apollo Connectors
  • GraphOS Router
  • Schema registry
  • Schema checks
  • Response caching
  • Audit logging

Only in Formance

  • Double-entry ledger
  • Numscript transaction DSL
  • Multi-currency
  • Payments connectivity
  • Reconciliation
  • Self-hosted deployment
  • Cloud offering
  • API and SDKs

What people use each for

The jobs each tool is most often brought in to do.

Apollo GraphQL

  • Federating multiple backend services into one GraphQL APInot Formance
  • Wrapping legacy REST APIs for frontend consumptionnot Formance
  • Enterprise API governance with schema checks and audit logsnot Formance
  • Reducing frontend over-fetching and under-fetching of datanot Formance

Formance

  • A marketplace splitting a single customer payment between seller, platform fee and tax that needs the split to be atomic and auditablenot Apollo GraphQL
  • A fintech whose homegrown balances table produced numbers finance could not reconcile and now needs proper double-entry before an auditnot Apollo GraphQL
  • A payments team that wants one normalised model across several PSPs so reconciliation is not written separately for eachnot Apollo GraphQL
  • A company that wants its ledger under a licence it can keep running even if the vendor disappearsnot Apollo GraphQL

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Apollo GraphQL

  • Pricing beyond the Developer tier requires contacting sales, making cost comparison harder for mid-size teams.
  • Adopting GraphOS effectively requires buy-in to the GraphQL paradigm, which is a larger architectural shift than adding a REST gateway.
  • The free plan's 1-day data retention and 60 req/min self-hosted router limit make it unsuitable for production use.
  • Volume-based per-request pricing can become expensive at very high request volumes compared to flat-rate API gateways.

Formance

  • Formance holds no money and provides no regulatory cover, so it must be paired with a payments provider or bank, and buyers occasionally mistake a ledger for a treasury system and discover the gap late.
  • Numscript is a domain-specific language your team must learn, and while it makes complex splits expressible it also means transaction logic sits outside the languages your engineers already debug well.
  • Self-hosting a ledger that must never lose or duplicate a transaction is a serious operational commitment covering backups, upgrades and Postgres tuning, which is real cost the zero licence fee hides.
  • Enterprise pricing is not published, so the difference between the free path and the supported path cannot be evaluated without a sales conversation.
  • The company is much smaller than the incumbent alternatives, and while the MIT licence protects the code it does not protect the roadmap, so features on the hosted side may arrive slowly or change direction.

Pricing, plan by plan

Apollo GraphQL

Free
  • FreeFree
    • Up to 3 developers
    • 1-day data retention
    • Community support
  • Developer$5/month
    • $5 per million requests with volume discounts
    • $50 usage credit for new signups
    • Up to 10 developers
  • Standard$undefined/month
    • Up to 30 developers
    • 90-day data retention
    • Standard support with SLA
  • Enterprise$undefined/month
    • Unlimited developers
    • 18-month data retention
    • 24x7x365 support with SLA

Formance

Free
  • Open SourceFree
    • MIT licensed core ledger
    • Numscript transaction DSL
    • Multi-currency tracking
  • Enterprise$undefined/year
    • Managed or private deployment
    • Payments connectivity and reconciliation
    • Support with response commitments

Which should you pick?

Choose Apollo GraphQL if

  • You need apollo connectors.
  • You want to start without paying.
  • You work on web, api.
  • You also want graphos router.
Apollo GraphQL review

Choose Formance if

  • You need double-entry ledger.
  • You want to start without paying.
  • You work on Linux, Docker, Kubernetes, Web, API.
  • You also want numscript transaction dsl.
Formance review

Questions people ask

Is Apollo GraphQL or Formance better?
Neither clearly leads. Apollo GraphQL starts at Free and Formance at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Apollo GraphQL or Formance?
Apollo GraphQL starts at Free and Formance at Free.
Does Apollo GraphQL or Formance run on more platforms?
Apollo GraphQL runs on web, api. Formance runs on Linux, Docker, Kubernetes, Web, API.
Can I use Apollo GraphQL for free?
Both have a free tier, so you can try either at no cost before committing.
What is Apollo GraphQL best used for?
Apollo GraphQL is most often used for federating multiple backend services into one graphql api, wrapping legacy rest apis for frontend consumption, enterprise api governance with schema checks and audit logs, reducing frontend over-fetching and under-fetching of data. Of those, federating multiple backend services into one graphql api and wrapping legacy rest apis for frontend consumption are not what Formance is typically brought in for.
What can Apollo GraphQL do that Formance cannot?
Apollo GraphQL covers Apollo Connectors, GraphOS Router, Schema registry, Schema checks. Formance covers Double-entry ledger, Numscript transaction DSL, Multi-currency, Payments connectivity.

Answered from the vendors’ own pages

Apollo GraphQL: What does Apollo GraphQL cost?

The Free plan supports up to 3 developers at no cost. Developer plan starts at $5 per million requests with a $50 signup credit, while Standard and Enterprise require contacting sales for custom pricing.

Source
Formance: Is Formance really open source?

Yes. The core ledger is MIT licensed with full source access and no deployment restrictions.

Apollo GraphQL: Is there a free plan and what are its limits?

Yes, the Free 'Forever Free' plan supports up to 3 developers, 1-day data retention for checks and insights, and a self-hosted router capped at 60 requests per minute.

Source
Formance: Does Formance move money?

No. It records and orchestrates movements; the actual payments happen at a PSP or bank you connect.

Apollo GraphQL: How is usage metered on paid plans?

Standard requests are billed per million operations with tiered volume discounts, starting at $5.00/million for the first 250M and dropping to $3.00/million beyond 5B, with similar tiered pricing for subscription update events.

Source
Formance: What does the enterprise version cost?

Not published. It is an annual subscription quoted per customer.

Formance: Do I have to use Numscript?

Yes for anything beyond the simplest transfers. It is how multi-party transactions are expressed atomically.

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