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  1. Home
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W

Wave

Free accounting, invoicing, and receipts for small businesses

FreemiumFree TierFeaturedAdded Oct 1, 2010

About

Wave offers free accounting and invoicing software designed for small businesses, freelancers, and entrepreneurs. Features include unlimited invoicing, receipt scanning, financial reporting, and payroll (paid add-on). The core accounting and invoicing features are genuinely free with no subscriber limits. Wave makes money through payment processing and payroll services.

Tags

invoicingaccountingfreereceiptspayrollsmall-businessfinancial-reports

Origin Story

By Kirk Simpson & James Chicken

The Problem

Small businesses and freelancers couldn't afford accounting software like QuickBooks. Financial management shouldn't be a luxury.

Building It

Founded in 2010. Grew rapidly as the free alternative to QuickBooks. Acquired by H&R Block in 2019 but continues to operate with a free core product.

What It Means

Proof that financial tools can be free for end users by monetizing adjacent services like payment processing and payroll.

The Dream

To make financial management accessible to every small business owner.

Pricing

ModelFreemium
Starting at$16/mo
Free tierAvailable

Core accounting and invoicing is completely free. Wave Pro at $16/month adds receipt scanning and advanced features. Payment processing at 2.9% + $0.60 per card transaction. Payroll as paid add-on.

View pricing

Category

Invoicing Billing

Problems Solved

  • Free Invoicing Tool
  • Small Business Accounting
  • Managing Business Finances

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