LoanMate vs Prograte
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
LoanMate
This app helps you organize and track all your debts and loans. Easily manage who owes you money or who you owe, keeping your financial relationships in order.
- Track money loaned or owed
- Organize debtor and creditor details
- Add, update, and track loan information
- Secure and private platform
- Streamline debt and credit management
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LoanMate is the easiest way to manage personal and business loans in one secure place. Whether you're lending money to friends, family, customers, or tracking money you've borrowed, LoanMate helps you stay organized, record every payment, and always know exactly how much is outstanding. Built with simplicity and reliability in mind, LoanMate gives you a complete overview of your loans, repayments, interest, due dates, and payment history. Every transaction is automatically reflected in your balance, making it easy to monitor multiple loans without spreadsheets or manual calculations. Create loans in just a few taps, attach important documents such as agreements or receipts, record partial payments, issue refunds when necessary, and generate professional PDF loan statements that can be shared with borrowers or lenders. Automatic reminders help ensure you never miss a repayment or forget an upcoming due date. Whether you're managing personal debts, customer financing, employee advances, or small business loans, LoanMate provides the tools you need to keep accurate records and maintain complete financial visibility. LoanMate includes support for multiple currencies, flexible interest calculations, payment history, loan documents, smart notifications, cloud backup, and beautifully designed dashboards that make tracking your finances effortless. Your information is stored securely, giving you confidence that your records are always protected. Upgrade to LoanMate Pro to unlock premium features including unlimited loans, advanced reports, enhanced document management, professional branding, and future productivity tools designed for individuals and businesses. Download LoanMate today and take control of every loan, every payment, and every reminder. Please read term of use : https://loanmatepro.netlify.app/terms
Prograte
Manage lending and credit sales operations efficiently. Track clients, process applications, and collect payments securely. Monitor collateral and gain real-time portfolio insights.
- Client management
- Loan application processing
- Repayment tracking
- Payment collection (mobile money, bank transfer)
- Collateral monitoring
- Branch and staff management
- Real-time portfolio reports
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Prograte Finance is a comprehensive lending management platform for cash lending and credit sales businesses. Manage clients, process loan applications, track repayments, collect payments via mobile money and bank transfer, monitor collateral, manage branches and staff, and get real-time reports on your portfolio performance. Built for loan officers and managers who need secure, reliable access to their lending operations from anywhere.
Screenshots
Verdict
The clearest difference is rating: Prograte at 5.0 against LoanMate's 3.3. Prograte also leads on in-app purchases (none vs 3). On price, ratings volume, update cadence and ads there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. LoanMate sells 3 in-app purchases, starting at $4.99 per 7 days. Prograte asks for nothing beyond the download.
Prograte holds the better App Store score, 5.0 against 3.3. Both are backed by a comparable volume of ratings — 3 and 3 respectively.
Both ship on a similar rhythm, roughly every 2 months. The most recent releases landed on October 7, 2026 and October 15, 2026 respectively.
| Parameter | LoanMate | Prograte |
|---|---|---|
| Price | Free | Free |
| Rating | 3.3 (3 ratings) | 5.0 (3 ratings) — better |
| Number of ratings | 3 | 3 |
| Update frequency | Every 2 months | Every 2 months |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Free with in-app purchases | Free — better |
| Devices | iPhone, iPad, iPod — better | iPhone, iPad |
| Requires iOS | 15.6 — better | 16.0 |
| Further details — not scored | ||
| Size | 52 MB | 83 MB |
| Age rating | 17+ | 17+ |
| Developer | Destiny Eze Dikeocha | Prograte FinTech |
Customer experience
LoanMate
Prograte
In-app purchases
LoanMate
- Weekly Sub$4.997 Days
- Pro Monthly$17.991 Month
- Yearly Subscription$79.991 Year
Prograte
No in-app purchases









