Head to head
FreeAgent vs Wave
Both platforms are scored with the same methodology and the same category rubric. Nothing on this page is influenced by advertising.
52/100 | 56/100Higher score | |
|---|---|---|
| Category rank | #6 | #5 |
| Confidence | High confidence | High confidence |
| External Reputation | 75 | 69 |
| AI Authority | 24 | 51 |
| Web Authority | 44 | 51 |
| Expert Assessment | 65 | 44 |
| TOP10 User Score | — | — |
| Pricing | £10/month excl. VAT (unincorporated landlord); £19/month excl. VAT for sole traders · free tier: £0.00 plan for holders of a NatWest, Royal Bank of Scotland or Ulster Bank business current account (for as long as the account is retained), or a Mettle account with at least one transaction a month; plus a 30-day free trial, cancel at any time | $19 USD/month (or $190 USD/year); $25 CAD/month, $250 CAD/year — promo observed at $9.50 USD/month for first 3 months · free tier: Starter $0: unlimited estimates, invoices, bills and bookkeeping records, mobile invoicing, cash flow and customer dashboard; documents sent via link or PDF only; Wave branding retained |
| Pricing model | Subscription | Freemium subscription plus per-transaction payment fees |
| Best for | UK limited companies, sole traders and contractors banking with NatWest, RBS, Ulster Bank or Mettle — that combination makes a full-featured, MTD-ready, payroll-capable package free indefinitely — and UK service businesses that bill by project or by time and value reachable UK phone support. | US and Canadian freelancers and micro-businesses invoicing in USD/CAD at low volume — roughly under 10 card transactions a month, or mostly via 1% ACH — who want free invoicing plus double-entry bookkeeping in one ledger and can tolerate 1–7 day settlement. |
| Avoid if | You operate outside the UK, trade significantly in foreign currencies given reviewer-reported currency and balance-accuracy bugs, run a stock/product business (Stock is excluded on cash basis), need deep inventory or multi-entity features, or want a tier ladder to scale through. | Your cash flow cannot absorb a payment hold or risk review, you process more than about 10 card transactions a month, you operate outside the US/Canada or need Quebec payroll, or you require weekend, phone or fast-escalation support. |
| Markets | SMB, Freelancers and contractors, Sole traders, Landlords, Accountants and bookkeepers | Freelancers, Sole traders, Micro-business, SMB |
| Founded | — | — |
| Headquarters | — | — |
A higher TOP SCORE means more of the evidence favours that platform on this methodology — it is not a recommendation, and it does not account for your specific requirements. Advertisers are never declared the winner of a comparison.