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Invoice Ninja vs Wave: pricing compared

Plans, list prices and what a team of 5, 10 or 25 pays on each, from Surba's catalog of Finance tools. Updated for 2026.

At a glance

Side by side

Invoice Ninja starts at $14/mo (Ninja Pro) and Wave at $19/mo (Pro). For 10 people that's $14 vs $19 a month: Invoice Ninja is $5 a month (26%) cheaper than Wave on list price.

Invoice Ninja

Cheaper for 10 people

From$14/mo

10 people: $14 a month · $168 a year

  • Free plan
  • Up to 17% off yearly
  • No startup credits listed
  • 3 plans · priced per plan

Wave

Finance

From$19/mo

10 people: $19 a month · $228 a year

  • Free plan (Starter)
  • Up to 17% off yearly
  • No startup credits listed
  • 2 plans · priced per plan

Plans

Invoice Ninja and Wave plans

Every plan with a public price, in US dollars.

Invoice Ninja

  • Free

    Up to 5 clients · Unlimited invoicing · Online payments

    Free

  • Ninja Pro

    Unlimited clients · Remove branding · Auto payment reminders

    $14/mo

  • Enterprise (1-2 users)

    User permissions · Bank account sync · E-invoicing/PEPPOL credits

    $18/mo

Ninja Pro $140/yr billed annually. Enterprise scales with users up to $300/mo for 51-100 users. Premium Business is custom (from $280/yr). Open-source self-hosted edition also available.

Prices from Invoice Ninja's pricing page, checked 26 Oct 2026.

Wave

  • Starter

    Unlimited invoices and bookkeeping · Estimates and bills

    Free

  • Pro

    Auto bank imports · Late-payment reminders

    $19/mo

Pro is $190/year billed annually. Card processing 2.9% + $0.60 (Starter); Pro gets reduced fees on first 10 transactions/mo.

Prices from Wave's pricing page, checked 26 Oct 2026.

Team cost

What each costs your team

Entry paid plans, per month and per year at list price.

Invoice Ninja and Wave cost by team size
TeamInvoice Ninja (Ninja Pro)Wave (Pro)Difference
5 people$14$168/yr$19$228/yrInvoice Ninja $5 less a month
10 people$14$168/yr$19$228/yrInvoice Ninja $5 less a month
25 people$14$168/yr$19$228/yrInvoice Ninja $5 less a month

Invoice Ninja is priced per plan. Wave is priced per plan. Per-user prices are multiplied by the team; per-plan prices aren't. Before tax; yearly discounts not applied.

FAQ

Invoice Ninja vs Wave: questions

Which is cheaper, Invoice Ninja or Wave?

Invoice Ninja starts at $14/mo (Ninja Pro) and Wave at $19/mo (Pro). For 10 people that's $14 vs $19 a month: Invoice Ninja is $5 a month (26%) cheaper than Wave on list price. Compare features too: the cheaper plan isn't always the closer match.

Do Invoice Ninja and Wave have free plans?

Invoice Ninja has a free plan (Free). Wave has a free plan (Starter).

Are Invoice Ninja and Wave cheaper if you pay yearly?

Invoice Ninja lists up to 17% off yearly billing. Wave lists up to 17% off yearly billing.

More comparisons

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Paying for Invoice Ninja or Wave? Track it in Surba.

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