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Invoice Ninja vs Settle

Updated June 2026 · A structured head-to-head comparison.

Open-source invoicing and payments.

AP and cash-flow for product brands.

The verdict

Both Invoice Ninja and Settle are credible invoicing billing tools, and the right pick comes down to your priorities.

Choose Invoice Ninja if you want a lower starting price (free – $10/mo), a free plan to start on and broader platform coverage. Open-source invoicing and payments.

Settle — AP and cash-flow for product brands.

Invoice Ninja vs Settle: side by side

DimensionInvoice NinjaSettle
Starting priceFree – $10/moWinnerCustom
Free planYesWinnerNo
Pricing modelFreemiumSubscription
Best forFreelancers, DevelopersEcommerce, Smb
PlatformsWeb, Self Hosted, Ios, AndroidWinnerWeb, Api
Rating4.6/54.4/5

Invoice Ninja key facts

Vendor
Invoice Ninja
Pricing
Freemium — Free – $10/mo
Free tier
Yes
Platforms
Web, Self Hosted, Ios, Android
Best for
Freelancers, Developers
Editor rating
4.6 / 5
Founded
2014
Headquarters
Israel

Settle key facts

Vendor
Settle
Pricing
Subscription — Custom
Free tier
No
Platforms
Web, Api
Best for
Ecommerce, Smb
Editor rating
4.4 / 5
Founded
2019
Headquarters
San Francisco, CA, USA

Frequently asked questions

Is Invoice Ninja better than Settle?

Neither is universally better — Invoice Ninja edges ahead on overall rating, but the best choice depends on price, platforms, and your use case. See the side-by-side table above.

Is Invoice Ninja or Settle cheaper?

Invoice Ninja is the more affordable of the two to get started, at free – $10/mo. Invoice Ninja starts at free – $10/mo; Settle starts at custom.

Can Invoice Ninja replace Settle?

Yes for most teams — both are invoicing billing tools with heavily overlapping features. The main trade-offs are pricing and platform support, covered in the comparison above.