Lago

Overview

Navigating the complexities of billing systems can often feel like a daunting task, especially for product-led growth companies. Lago offers a refreshing solution with its open-source billing API designed specifically to address common billing challenges. With features supporting event-based charging and the flexibility of hybrid pricing, Lago promises to simplify how businesses manage their billing processes.

The platform is engineered to seamlessly integrate with existing tools, enabling businesses to customize their billing solutions without significant overhead. Its focus on privacy ensures that sensitive data remains within the user's infrastructure, providing peace of mind alongside functionality.

Features

• Usage Metering: Lago’s event-based architecture allows businesses to implement a scalable and fair pricing model based on real usage data.
• Price Plans: Easily create diverse pricing models—ranging from pay-as-you-go to hybrid plans—using an intuitive user interface or API, all in a matter of minutes.
• Coupons: Enhance marketing efforts with customizable coupons that can provide discounts, encouraging customer engagement and boosting conversion rates.
• Add-ons: Generate revenue instantly with one-time charges that can be invoiced on the fly, ensuring timely payments rather than waiting for the billing cycle to complete.
• Invoicing: Automatically calculates customer dues based on plan configurations, simplifying the invoicing process and reducing administrative workload.
• Prepaid Credits: Introduce additional revenue streams with features for prepaid credit, perfect for businesses utilizing pay-as-you-go pricing models.
• Open-Source Flexibility: Being open-source allows businesses to tailor Lago to fit their unique operational needs and seamlessly connect with internal systems and tools.