⚖️Side-by-Side Comparison
Wave vs Xero: Which is Better in 2026?
We've compared 2 tools across pricing, features, ratings, and reviews to help you make an informed decision. No paid placements — just facts.
Compare different tools →| Feature | Wave Accounting & Finance | Xero Accounting & Finance |
|---|---|---|
| Rating | 4.4(46) | 4.5(56) |
| Starting Price | Free | $15/mo |
| Pricing Model | Freemium | Free Trial |
| Free Plan | ||
| Free Trial | 30 days | |
| API Available | ||
| Verified | Verified | |
| Founded | 2009 | 2006 |
| HQ | Toronto, Canada | Wellington, New Zealand |
| Team Size | 201-500 | 1000+ |
| Platforms | WebiOSAndroid | WebiOSAndroid |
| Top Integrations | EtsyShoeboxedZapier | StripePayPalShopifyHubSpot+1 more |
| Description | Wave is the only completely free accounting and invoicing software for small businesses. With 4 million+ users, Wave provides everything self-employed entrepreneurs need to run their finances — without spending a penny. | Xero is beautiful cloud-based accounting software for small businesses. With 4 million+ subscribers globally, Xero offers modern accounting features and 1,000+ third-party app integrations to power businesses everywhere. |