Invoice Ninja vs Wealthfolio

A side-by-side comparison of two self-hosted budgeting & finance options — licensing, setup difficulty, resource needs, and what each one replaces.

Not the right match-up?
FeatureInvoice NinjaWealthfolio
CategoryBudgeting & FinanceBudgeting & Finance
LicenseElastic-2.0AGPL-3.0
LanguagePHPRust
Setup difficultyMediumEasy
Min. RAM512 MB256 MB
Deploymentdocker, bare-metal, sourcebinary, source
GitHub stars★ 9,979★ 8,528
First released20142024
ReplacesFreshBooks, QuickBooksPersonal Capital, Sharesight

Why pick each one

Choose Invoice Ninja if…

  • Comprehensive billing features
  • Many payment gateway integrations
Invoice Ninja details

Choose Wealthfolio if…

  • Released under the AGPL-3.0 license
  • Easy to set up — beginner-friendly
  • Mature project with 8.5k GitHub stars
  • Written in Rust
Wealthfolio details

Frequently asked questions

Is Invoice Ninja or Wealthfolio better?

Neither is universally better. Invoice Ninja has the larger community, while Wealthfolio is simpler to set up (easy difficulty). Choose based on the comparison table above and your own setup.

Are Invoice Ninja and Wealthfolio free and open-source?

Yes. Invoice Ninja is licensed under Elastic-2.0 and Wealthfolio under AGPL-3.0. Both can be self-hosted at no software cost.

Can I run Invoice Ninja and Wealthfolio with Docker?

Invoice Ninja: yes. Wealthfolio: check the project docs for container support.

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