Invoice Ninja vs Wave Pricing (2026)
How do these two stack up on price? Here's what each one costs, what you get, and where the value sits.
| Invoice Ninja | Wave | |
|---|---|---|
| Starts at | $14/mo | $19/mo |
| Number of plans | 4 | 2 |
| Free plan | ||
| Free trial | — | — |
| Pricing model | hybrid | flat-rate |
Free
- 5 Clients + Unlimited Invoicing
- 4 Professional Invoice Templates
- Brand Invoices with Your Logo
- Accept Payments Online with a Click
- Auto-Billing & Recurring Invoices
- Product & Inventory Management
- Create Projects & Track Billable Time
- Kanban Boards for Projects
- Setup Vendors & Track Expenses
- Client-Side Invoice & Payment Portal
- Accept Deposits & Partial Payments
- Real-time Invoice PDF Preview
- Automatic Currency Conversions
Ninja Pro
Popular- Unlimited Clients & Invoices
- Remove "Created by Invoice Ninja"
- Email via Gmail, MSN & custom SMTP
- Branded URL: YourSite.invoicing.co
- 11 Professional Invoice Templates
- Fully Customize Invoice Designs
- API Integration with 3rd Party Apps
- Auto Late-Payment Reminder Emails
- Reports: Invoices, Expenses, P&L
- Bulk Email Invoices & Quotes
- Interlink 10 Companies with 1 Login
- Auto Sales Tax Calculation (US States)
- Client Group Settings
Enterprise
- Add Account Users (up to 100!)
- Set Access Permissions per User
- Attach Files to Emails & Client Portal
- Branded Portal: Billing.YourCompany.com
- Bank Account Sync (Yodlee / GoCardless)
- e-Invoicing & PEPPOL Network Access
- 250 PEPPOL credits included
- Lock Documents Until After Payment
- Client & Vendor Document Upload
Premium Business
- Developer Concierge
- Direct Priority Support
- Invoice Design Service
- Feature Request Priority
- Data Migration Assistance
- Custom Reports Built for You
STARTER Plan
- Create unlimited estimates, invoices, bills, and bookkeeping records
- Option to accept online payments 2.9% + $0.60 per credit card transaction 3.4% + $0.60 per Amex transaction
- Invoice on-the-go with the mobile app
- Manage cash flow and customers in one dashboard
Pro Plan
Popular- Option to accept online payments at a discounted rate 2.9% + $0** per credit card transaction 3.4% + $0** per Amex transaction
- Auto-import bank transactions***
- Auto-merge and categorize bank transactions
- Digitally capture unlimited receipts and track expenses
- Automate late payment reminders
- And more!
Invoice Ninja vs Wave FAQ
- Which one is cheaper?
- Invoice Ninja starts lower at $14/mo, compared to $19/mo for Wave.
- Can I use either one for free?
- Both offer free plans, so you can try each without paying. Start with whichever fits your workflow better and upgrade when you hit the limits.
- How do they charge?
- Different approach here. Invoice Ninja uses hybrid pricing, while Wave goes with flat-rate. That changes the math depending on your team size and usage.
- Which one is a better deal?
- Depends on what you need. Invoice Ninja: At $14-18/mo entry, they're undercutting the FreshBooks/QuickBooks crowd hard, positioning as the budget-to-mid option for freelancers and small agencies who don't want enterprise invoicing bloat. The custom Premium tier is their play to not leave money on the table once a client looks like it could afford more. Wave: Wave is firmly the budget-friendly play in small business accounting — going up against QuickBooks Simple Start (~$35/mo) and FreshBooks (~$19/mo), they're competitive on price but lead with the free tier as the real hook. They're targeting bootstrapped founders and solopreneurs who flinch at $50+/mo tools.
Still deciding? See the best Invoice Ninja alternatives or the best Wave alternatives, ranked with verified pricing.
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