Softwr

Accounting · head to head

Lago vs Remitly

Lago logo

Lago

Accounting

Open-source billing infrastructure for usage-based models

From
Free
Rated
-
Remitly logo

Remitly

Personal Finance

Send money faster to loved ones abroad

From
On request
Rated
-

The short version

  • Only Lago has a free tier, so it costs nothing to try first.
  • Each has a real cost: Lago free tier limited to 10,000 entities per month with 5M event cap; Remitly specific transfer fees and exchange rates not published on website; users must check rates page
  • They diverge on capability: Lago covers Real-time usage metering, Remitly covers International remittances.

Where they differ

Only the attributes on which Lago and Remitly actually diverge.

Attributes where Lago and Remitly differ
AttributeLagoRemitly
Starting priceFreeOn request
Pricing modelFreemium with optional paid tierstransaction
Free tierYesNo
PlatformsWeb, Cloud, Self-hosted, On-premise, VPCWeb, IOS, Android
CategoryAccountingPersonal Finance
FoundedUnknown2011

Identical on both: 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 Lago

  • Real-time usage metering
  • Multiple pricing models
  • Automated invoicing
  • Prepaid credits
  • Entitlements
  • Multi-currency support
  • Payment orchestration
  • Revenue analytics

Only in Remitly

  • International remittances
  • Multiple delivery methods
  • Send money to 200+ countries
  • Currency conversion
  • Bank accounts
  • Web support
  • IOS support
  • Android support

What people use each for

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

Lago

  • Building usage-based billing for high-volume APIs and infrastructurenot Remitly
  • Implementing metered billing for AI and tokenized servicesnot Remitly
  • Creating subscription and hybrid pricing modelsnot Remitly
  • Managing multi-currency billing for global companiesnot Remitly
  • Maintaining billing infrastructure without vendor lock-innot Remitly

Remitly

  • International money transfer and remittance servicenot Lago
  • Cross-border payments for personal financial needsnot Lago

Where each one falls short

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

Lago

  • Free tier limited to 10,000 entities per month with 5M event cap
  • No specific pricing published for Pro annual plan or Scale plan
  • Self-hosted and on-premise deployments require engineering resources
  • Community support only on free tier
  • Scale plan requires annual contracts and sales engagement

Remitly

  • Specific transfer fees and exchange rates not published on website; users must check rates page
  • Costs vary by destination country, transfer amount, and delivery method
  • No standardized fee schedule available for pricing comparison

Pricing, plan by plan

Lago

Free
  • Build (Free)Free
    • 10,000 managed entities per month
    • 5M usage events per month
    • 1K events per second rate limit
  • Pro$399/month
    • 10,000 entities included (graduated pricing to 100K)
    • 25M usage events included (to 500M with graduated rates)
    • 10K events per second (upgradeable to 100K)
  • Scale$null/custom
    • Custom entity and event volumes
    • 50K events per second (upgradeable to 100K)
    • RBAC and SSO (SAML)

Remitly

On request
  • Express$undefined/month
    • Fast transfers
    • Multiple delivery methods
  • Economy$undefined/month
    • Lower cost option
    • 3-4 day delivery

Which should you pick?

Choose Lago if

  • You need real-time usage metering.
  • You want to start without paying.
  • You work on Web, Cloud, Self-hosted, On-premise, VPC.
  • You also want multiple pricing models.

Choose Remitly if

  • You need international remittances.
  • You work on Web, IOS, Android.
  • You also want multiple delivery methods.

Questions people ask

Is Lago or Remitly better?
Neither clearly leads. Lago starts at Free and Remitly at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Lago or Remitly?
Lago has a free tier; the other does not. Paid plans start at Free for Lago and On request for Remitly.
Does Lago or Remitly run on more platforms?
Lago runs on Web, Cloud, Self-hosted, On-premise, VPC. Remitly runs on Web, IOS, Android.
Can I use Lago for free?
Yes. Lago has a free tier, so you can try it without paying. Remitly starts at On request.
What is Lago best used for?
Lago is most often used for building usage-based billing for high-volume apis and infrastructure, implementing metered billing for ai and tokenized services, creating subscription and hybrid pricing models, managing multi-currency billing for global companies. Of those, building usage-based billing for high-volume apis and infrastructure and implementing metered billing for ai and tokenized services are not what Remitly is typically brought in for.
What can Lago do that Remitly cannot?
Lago covers Real-time usage metering, Multiple pricing models, Automated invoicing, Prepaid credits. Remitly covers International remittances, Multiple delivery methods, Send money to 200+ countries, Currency conversion.

Answered from the vendors’ own pages

Lago: Can I use Lago open-source for free?

Yes, Lago is open-source under the AGPLv3 license and can be self-hosted. The cloud-based Build plan is also free with limits of 10,000 entities and 5M events per month.

Source
Remitly: How much does Remitly charge for transfers?

Remitly fees vary by destination country, transfer amount, and delivery speed. The company emphasizes no hidden fees but does not publish a standardized rate table on their main site. Users must visit the Rates and Fees page or enter transfer details in the app for specific pricing.

Source
Lago: What payment providers does Lago integrate with?

Lago integrates with Stripe and Adyen for payment processing. It is not a payment processor itself but orchestrates payments through these providers.

Source
Lago: Does Lago support multiple currencies?

Yes, Lago supports multi-currency billing with automatic currency conversion for global businesses.

Source
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