We're comparing invoicing, not the whole Wave product.
Wave includes free bookkeeping, optional payroll, and receipt scanning alongside invoicing. We're not arguing InvoiceBro replaces that bundle — it doesn't. If invoicing is what you actually use, and you want it predictable, focused, and EU-ready, this is the honest comparison.
Where Wave's 'free' framing gets complicated
Wave's pitch was great on the surface: free invoicing, free accounting, generous limits. After the H&R Block acquisition, that story has shifted to a tiered model — a free Starter plan plus paid Pro tiers, and online payments still carry per-transaction fees (roughly 2.9% + $0.60 on cards).
On top of that, Wave has historically been US/Canada-first. If your customers are in the EU, the UK, Australia, or elsewhere — some features arrive late, or not at all.
InvoiceBro takes the opposite stance for invoicing specifically: a single, predictable subscription. €5/month, unlimited invoices, unlimited customers, multiple users. Connect Stripe if you want online payments — you pay Stripe directly, with no markup on top.
No payroll, no receipts, no scope creep — invoicing done well, and built EU-first.
InvoiceBro vs Wave — invoicing scope
Invoicing scope only — apples to apples.
- Free, but online card payments are ~2.9% + $0.60 (more for Amex)
- Advanced invoicing locked on paid Pro tiers
- US/Canada-first; non-NA features sometimes missing or removed
- Template branding is limited
- Support is community-first on the free tier
- Modest product evolution on invoicing over time
- €5/month flat — no per-payment markup on top of Stripe fees
- All invoicing features included on every plan
- EU-first (VAT, reverse-charge, multi-currency) + global English
- Logo, colors, typography — designer-grade PDFs
- Direct support included in every paid plan
- Active development — invoicing-focused roadmap, weekly updates
What Wave has that InvoiceBro intentionally doesn't
Wave (Starter, free) offers these — InvoiceBro intentionally doesn't. If you need them, stay on Wave (Starter, free).
- Free double-entry bookkeeping — use a dedicated tool — bigger and better long-term
- Receipt scanning — pair with a receipts tool / your accountant
- Payroll (paid add-on) — use a payroll provider
- Advisor / accountant marketplace — invite your own accountant as a free user
- Bank-feed reconciliation — lives in your bookkeeping tool
Beautifully branded
Logo, colors, custom typography — your invoices look like your business.
Multiple users included
Invite your VA, your accountant, your business partner — no per-seat fee.
VAT & tax-ready exports
Per-quarter VAT/sales-tax totals plus CSV exports for any bookkeeping tool.
Direct email send
Send invoices from InvoiceBro with your business name as the sender.
EU-grade compliance
Built to meet EU invoicing requirements out of the box.
Active development
New features ship weekly. Roadmap shaped by paying customers.