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Honest Comparison

RecoupIQ vs Wave

Free basic invoicing vs professional payment recovery

Updated December 2024 • Unbiased comparison

Choose RecoupIQ if...

You're a UK freelancer who wants to get paid faster with automated chasing, late payment interest, and Intelligent payment recovery.

Choose Wave if...

Hobbyists or very small businesses who just need basic free invoicing

Feature-by-Feature Comparison

Feature
RecoupIQ
Wave
Automated payment chasing
UK late payment interest
Payment reminders
7 stages
1 basic
Basic invoicing
Free tier
5 invoices
Unlimited
Receipt scanning
UK-specific compliance
Stripe/GoCardless payments
Wave only
Professional templates
Basic
Cash flow forecasting

Pricing Comparison

RecoupIQ
Free - £39/month
  • Free tier with 5 invoices/month
  • Automated chasing included
  • No transaction fees
Wave
Free (but limited)
  • No UK-specific features
  • Limited to Wave payments
  • No chasing automation

Ready to Get Paid Faster?

Join thousands of UK freelancers who switched from Wave to RecoupIQ.

Verified accounts only • Import from Wave