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LagoOpen Source Metering and Usage Based Billing

Lago is the open-source alternative to Stripe, with a laser focus on transparency, metering, developer experience, and composability: addressing complex pricing grids and business workflows. Their team previously built and scaled the home-grown billing system of Qonto (a $5B Fintech in Europe), from pre-launch to the tens of millions of MRR.  Lago is the leading open-source repository and community in this space.

2021-08-16
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Lago - Open Source Metering & Usage-Based Billing

Revolutionize Your Billing with Lago

Lago offers a self-hosted and cloud-based, scalable, and modular architecture for metering and usage-based billing, tailored to meet the needs of your growing business.

Key Features

  • Usage Metering: Real-time usage metering with the ability to ingest up to 15,000 billing events per second.
  • Flexible Price Plans: Supports all pricing models, including pay-as-you-go and hybrid plans.
  • Coupons: Create engaging marketing campaigns with redeemable coupons.
  • Instant Add-ons: Generate one-time charges and issue invoices on the fly.
  • Automatic Invoicing: Automatically calculate and generate invoices based on customer usage.
  • Prepaid Credits: Unlock recurring revenue opportunities with real-time prepaid credit features.

Use Cases

  • Hybrid Plans: Combine different pricing models to suit various customer needs.
  • Usage-Based Billing: Implement flexible pricing based on actual usage.
  • Enterprise Solutions: Cater to large-scale enterprises with complex billing requirements.
  • Multi-Product Billing: Manage billing for multiple products seamlessly.
  • Advanced Billing Needs: Customize billing solutions to meet advanced and specific requirements.

Pricing

Lago offers flexible pricing options to suit different business needs:

  • Subscription Fee: Set up recurring platform fees billed consistently each period.
  • Usage-Based Billing: Bill usage with flexible pricing models such as tiers and packages.
  • Seat-Based Pricing: Implement seat-based pricing with defined cadence and proration options.
  • Minimum Commitments: Set spending minimum rules for pricing units or the entire invoice.
  • Prepaid Credits: Prepay for usage with credits and define custom top-up rules.
  • Coupons: Offer percentage or price-based discounts with custom coupon rules.

Teams

Lago is designed to support various teams within your organization:

  • Engineers: Benefit from a first-class API and open-source flexibility to build and customize billing solutions.
  • Product Managers: Easily manage and configure pricing plans and subscriptions.
  • Revenue Teams: Optimize revenue streams with flexible billing models and real-time insights.
  • Business Operations: Streamline billing operations with automated invoicing and payment collection.
  • Finance Leaders: Gain full predictability and control over financial operations with comprehensive billing features.

Lago is the billing solution loved by companies around the globe, providing a solid foundation for building a fair and scalable pricing model that grows with your business.