Softwr

Accounting · head to head

Lago vs Veem

Lago logo

Lago

Accounting

Open-source billing infrastructure for usage-based models

From
Free
Rated
-
Veem logo

Veem

Accounting

Global business payments made simple

From
$14.99/month
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; Veem per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • They diverge on capability: Lago covers Real-time usage metering, Veem covers International payments.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Lago and Veem actually diverge.

Attributes where Lago and Veem differ
AttributeLagoVeem
Starting priceFree$14.99/month
Pricing modelFreemium with optional paid tiersUnknown
Free tierYesNo
PlatformsWeb, Cloud, Self-hosted, On-premise, VPCWeb, iOS, Android
FoundedUnknown2014

Identical on both: user rating (Not yet rated), category (Accounting).

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 Veem

  • International payments
  • Multi-currency
  • Invoice creation
  • Payment tracking
  • Accounting sync
  • QuickBooks
  • Xero
  • NetSuite

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 Veem
  • Implementing metered billing for AI and tokenized servicesnot Veem
  • Creating subscription and hybrid pricing modelsnot Veem
  • Managing multi-currency billing for global companiesnot Veem
  • Maintaining billing infrastructure without vendor lock-innot Veem

Veem

  • International vendor paymentsnot Lago
  • Cross-border transactionsnot 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

Veem

  • Per-transaction fees can be higher than dedicated wire transfer services for large volumes
  • No free tier - even basic sending incurs transaction fees
  • Premium plan pricing at $14.99/month may not offset savings on transaction fees
  • Limited banking partnerships compared to larger financial platforms

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)

Veem

$14.99/month

No published plan breakdown. See the Veem review.

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 Veem if

  • You need international payments.
  • You work on Web, iOS, Android.
  • You also want multi-currency.

Questions people ask

Is Lago or Veem better?
Neither clearly leads. Lago starts at Free and Veem at $14.99/month, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Lago or Veem?
Lago has a free tier; the other does not. Paid plans start at Free for Lago and $14.99/month for Veem.
Does Lago or Veem run on more platforms?
Lago runs on Web, Cloud, Self-hosted, On-premise, VPC. Veem runs on Web, iOS, Android.
Can I use Lago for free?
Yes. Lago has a free tier, so you can try it without paying. Veem starts at $14.99/month.
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 Veem is typically brought in for.
What can Lago do that Veem cannot?
Lago covers Real-time usage metering, Multiple pricing models, Automated invoicing, Prepaid credits. Veem covers International payments, Multi-currency, Invoice creation, Payment tracking.

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
Veem: What payment methods does Veem support?

Veem supports ACH transfers, checks, wallet transfers, and international wires. Payment methods vary by destination country and user preference.

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
Veem: Is there a free tier?

No free tier. Veem charges per-transaction fees based on payment method and destination, with optional Premium Plan at $14.99/month offering enhanced features.

Source
Lago: Does Lago support multiple currencies?

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

Source
Veem: What integrations does Veem have?

Veem integrates with QuickBooks, Xero, QuickBooks Online, NetSuite, Zapier, Plaid, and PopBookings for automated accounting and workflow integration.

Source
Veem: How does Veem handle exchange rates?

Veem uses claimed competitive exchange rates and provides transparent pricing. Transactions are routed through different payment rails (credit cards, checks, cryptocurrency) based on the destination.

Source
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