Best Wave Alternative for Founders
Looking for a Wave alternative? Midday offers premium features, better bank connectivity, and AI-powered insights at a fair price. Compare features, pricing, and see why teams are switching to Midday.
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Key differences at a glance
Bank Connectivity
25,000+ banks worldwide
US and Canada only
AI Features
Built-in AI assistant
None
Support
Included in all plans
Paid add-on
Revenue Model
Subscription (transparent)
Free + payment fees
Feature comparison
See how Midday compares to Wave across key features.
| Feature | Midday | Wave |
|---|---|---|
| Invoicing | Yes | Yes |
| Expense tracking | Yes | Yes |
| Bank connections | Global | US/Canada |
| Receipt scanning | Yes | Yes |
| Time tracking | Yes | No |
| AI insights | Yes | No |
| Weekly summaries | Yes | No |
| Customer portal | Yes | No |
| Multiple currencies | Yes | Limited |
| Team collaboration | Yes | Limited |
Pricing comparison
Transparent pricing without surprises.
Midday
Starter
- •Financial overview and widgets
- •Weekly summaries and insights
- •Transactions with categorization
- •Receipts and file storage
- •Up to 10 invoices per month
- •Time tracking
- •Up to 2 connected banks
- •Up to 2 team members
Pro
- •Everything in Starter
- •Up to 50 invoices per month
- •Up to 10 connected banks
- •Up to 10 team members
- •Priority support
14-day free trial. Cancel anytime.
Wave
Free
- •Unlimited invoicing
- •Expense tracking
- •Basic reports
- •Single user
Pro
- •Unlimited bank connections
- •Unlimited receipt scanning
- •Priority support
Payment processing fees: 2.9% + $0.60 per transaction
Switching from Wave to Midday
Making the switch is straightforward. Here's how to get started.
Export from Wave
Download your customer list and transaction data from Wave.
Create your Midday account
Sign up and connect your bank accounts globally.
Import your data
Add your customers and start with a clean slate.
Enjoy premium features
Access time tracking, AI insights, and global bank support.
Where Midday is a better fit
Midday is the right choice if you're...
Frequently asked questions
Common questions about switching from Wave to Midday.
Wave's free model is supported by payment processing fees and limited features. Midday includes time tracking, AI insights, global bank support, and priority support. For growing businesses, the value far exceeds the cost.
Ready to make the switch?
Start your 14-day free trial. No credit card required until you're ready to upgrade.