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Accounting · head to head

Invoice2go vs Wise

Invoice2go logo

Invoice2go

Accounting

Mobile-first invoicing app for small businesses and freelancers

From
On request
Rated
-
Full reviewWebsite
Wise logo

Wise

Personal Finance

International money transfers at the real exchange rate

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Wise has a free tier, so it costs nothing to try first.
  • Each has a real cost: Invoice2go starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.; Wise exchange rate fees start at 0.31% plus corridor-specific transfer fees
  • They diverge on capability: Invoice2go covers Invoice creation and customization, Wise covers International transfers.

Where they differ

Only the attributes on which Invoice2go and Wise actually diverge.

Attributes where Invoice2go and Wise differ
AttributeInvoice2goWise
Starting priceOn requestFree
Pricing modelsubscriptionUnknown
Free tierNoYes
CategoryAccountingPersonal Finance
FoundedUnknown2011

Identical on both: platforms (web, ios, android), user rating (Not yet rated).

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 Invoice2go

  • Invoice creation and customization
  • Estimates and projects
  • In-app payments
  • Automated reminders
  • Accounting integrations
  • Team member access

Only in Wise

  • International transfers
  • Real exchange rates
  • Multi-currency accounts
  • Bill payments
  • Bank accounts
  • Cryptocurrency
  • Web support
  • IOS support

What people use each for

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

Invoice2go

  • Freelancers invoicing clients from a mobile devicenot Wise
  • Small service businesses tracking estimates and projectsnot Wise
  • Businesses wanting integrated card and ACH paymentsnot Wise
  • Businesses syncing invoices with QuickBooks or Xeronot Wise

Wise

  • Budget Managementnot Invoice2go
  • Expense Trackingnot Invoice2go
  • Investment Trackingnot Invoice2go

Where each one falls short

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

Invoice2go

  • Starter plan caps invoices at just 30 per year, forcing an upgrade for most active businesses.
  • Card processing fees are higher than some dedicated payment processors.
  • Accounting integrations are limited to QuickBooks and Xero, excluding other platforms.
  • Premium plan requires roughly $100k+/year revenue to be cost-effective, per its own positioning.

Wise

  • Exchange rate fees start at 0.31% plus corridor-specific transfer fees
  • Transfer speed dependent on destination country banking infrastructure
  • No published documentation of maximum transfer limits
  • Multi-currency account features may have regional restrictions

Pricing, plan by plan

Invoice2go

On request
  • Starter$undefined/month
    • 30 invoices/year
    • 3.5% card payment fee
    • Free ACH bank transfers
  • Professional$undefined/month
    • 100 invoices/year
    • 3% card payment fee
    • QuickBooks/Xero integration
  • Premium$undefined/month
    • Unlimited invoices
    • 2.9% card payment fee
    • Recurring invoices

Wise

Free

No published plan breakdown. See the Wise review.

Which should you pick?

Choose Invoice2go if

  • You need invoice creation and customization.
  • You work on web, ios, android.
  • You also want estimates and projects.
Invoice2go review

Choose Wise if

  • You need international transfers.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want real exchange rates.
Wise review

Questions people ask

Is Invoice2go or Wise better?
Neither clearly leads. Invoice2go starts at On request and Wise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Invoice2go or Wise?
Wise has a free tier; the other does not. Paid plans start at On request for Invoice2go and Free for Wise.
Does Invoice2go or Wise run on more platforms?
Invoice2go runs on web, ios, android. Wise runs on Web, IOS, Android.
Can I use Wise for free?
Yes. Wise has a free tier, so you can try it without paying. Invoice2go starts at On request.
What is Invoice2go best used for?
Invoice2go is most often used for freelancers invoicing clients from a mobile device, small service businesses tracking estimates and projects, businesses wanting integrated card and ach payments, businesses syncing invoices with quickbooks or xero. Of those, freelancers invoicing clients from a mobile device and small service businesses tracking estimates and projects are not what Wise is typically brought in for.
What can Invoice2go do that Wise cannot?
Invoice2go covers Invoice creation and customization, Estimates and projects, In-app payments, Automated reminders. Wise covers International transfers, Real exchange rates, Multi-currency accounts, Bill payments.

Answered from the vendors’ own pages

Invoice2go: What does Invoice2go cost?

Invoice2go offers three tiers - Starter (30 invoices/year), Professional (100 invoices/year), and Premium (unlimited invoices) - distinguished by invoice volume and card processing fees from 3.5% down to 2.9%.

Source
Wise: What are Wise's transfer fees and exchange rates?

Wise uses mid-market exchange rates without hidden markups and charges a flat fee starting from 0.31% plus a currency transfer fee depending on the corridor. Volume discounts are available for larger transfers.

Source
Invoice2go: Is there a free trial?

Yes, Invoice2go offers a 30-day free trial that requires a credit card but includes a 100% money-back guarantee if canceled within 30 days.

Source
Wise: How long do international transfers take with Wise?

Transfers can arrive same-day within seconds according to Wise marketing materials, though actual timing depends on the destination country and banking infrastructure.

Source
Invoice2go: Does Invoice2go integrate with accounting software?

Yes, the Professional and Premium plans include integration with QuickBooks and Xero.

Source
Wise: Is there a cost for a Wise account or monthly subscription?

Opening a Wise account is free with no monthly subscription. You only pay fees when you send money or convert currency.

Source
Wise: Can I send money between Wise users for free?

Sending or receiving the same currency between Wise contacts is free. Converting to a different currency costs less than standard rates but is not free.

Source
Wise: What security features does Wise offer?

Wise includes two-factor authentication for account protection, holds funds with established financial institutions, maintains 24/7 customer support, and has dedicated fraud and security teams.

Source
Wise: How much money can I transfer with Wise?

Wise does not publicly specify transfer limits on the main site. Limits may vary by country, sender verification level, and corridor.

Source
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