# Prend vs LoanMate

The clearest difference is update cadence: LoanMate at every 2 weeks against Prend's every 6 weeks. LoanMate also leads on iOS requirement (15.0 vs 26.0). On price, ads, in-app purchases and device support there is nothing between them.

Both are free to download. Prend sells 8 in-app purchases, starting at $3.99 per month and LoanMate sells 1 one-off in-app purchase. Whichever you choose, the download price is not the number that matters.

Prend ships an update every 6 weeks, LoanMate every 2 weeks. The most recent releases landed on November 3, 2026 and October 31, 2026 respectively.

## The numbers

| Metric | Prend | LoanMate |
| --- | --- | --- |
| Price | Free | Free |
| Positive reviews | 0.0% of reviews | — |
| In-app purchases | Yes | Yes |
| Ads | Yes | Yes |
| Update frequency | Every 6 weeks | **Every 2 weeks** |
| Monetization | Free with in-app purchases | — |
| Size | 33 MB | 69 MB |
| Requires iOS | 26.0 | **15.0** |
| Devices | iPhone, iPad | **iPhone, iPad, iPod** |
| Age rating | +4 | 12+ |
| Developer | [Jacob Aguilar](https://appshunter.io/developer/1669324826) | [KHANH HA DANG](https://appshunter.io/developer/1894659816) |

## What reviewers say

### Prend

[App page](https://appshunter.io/ios/app/prend-loans-and-split-bills/id1672119135)

Easily track money lent to friends and split shared expenses without awkward conversations. The app helps manage loans, group bills, and payments, sending automatic reminders to ensure everyone settles up on time.

**Highlights:** Track loans and debts between friends, Split bills for groups and shared expenses, Log loans with amount, date, and due date, Manage one-time or installment payments, Automatic reminders for due dates, Group expenses for roommates, trips, and nights out, User reputation based on timely payments

**Features:** iPhone Duo support

**In-app purchases (8)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Premium Monthly | $3.99 | per month |
| Premium Yearly | $29.99 | per year |
| Basic | $0.99 | one-time |
| Standard | $1.99 | one-time |
| Advanced | $2.99 | one-time |
| Remove ads | $4.99 | one-time |
| Unlock the Full App Experience | $9.99 | one-time |
| Premium Lifetime | $49.99 | one-time |


### LoanMate

[App page](https://appshunter.io/ios/app/loanmate/id6762553472)

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (1)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Premium Version | $2.99 | one-time |


## Frequently asked questions

### Is Prend free?

Prend is free to download, with in-app purchases available.

### Is LoanMate free?

LoanMate is free to download, with in-app purchases available.

### Do Prend or LoanMate have ads?

Both Prend and LoanMate show ads.

### Which is updated more often, Prend or LoanMate?

Prend ships an update every 6 weeks, and LoanMate every 2 weeks. Most recently, Prend was updated on November 3, 2026 and LoanMate on October 31, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*