Finance & Accounting

Mercury vs Wave

An honest comparison to help you pick the right finance & accounting tool for your startup.

Our Verdict

Mercury is our pick, but Wave has its strengths

Mercury is our recommendation for most founders. Wave is a solid alternative.

Mercury

Mercury

Free

Banking built for startups. Beautiful dashboard, team cards, API access. Chase is for your parents, Mercury is for founders.

VS
Wave

Wave

Free

Free accounting and invoicing for freelancers and small businesses. Actually free, not freemium.

Read full Mercury review | Read full Wave review

Comparison

FeatureMercuryWave
PricingFreeFree
Best for
Use when
Avoid when
CategoryFinance & AccountingFinance & Accounting

Frequently Asked Questions

Is Mercury better than Wave?

Mercury is our recommended pick in this category.

Is Mercury free?

Yes, Mercury is completely free to use.

What are alternatives to Mercury and Wave?

Other popular alternatives in this category include QuickBooks, Xero, Expensify, FreshBooks. Each has different strengths depending on your stage and needs.

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