Comparison

LoanMate vs InvoW

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

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.

Highlights
  • 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
Features
Read full description

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

About

InvoW

Manage your freelance or small business finances on the go. Create and send professional invoices, track payments, and organize your business calendar with smart reminders and Google Calendar sync.

Highlights
  • Professional invoice creation and sending
  • Smart business calendar with reminders
  • Google Calendar synchronization
  • Push notifications for events
  • Business performance overview
  • Client management and payment history
Features
Read full description

InvoW – Invoice & Business Manager Run your business from anywhere with InvoW — the all-in-one invoicing and business management app for freelancers and small businesses. INVOICES Create and send professional invoices in seconds. Add items, set due dates, and share with clients instantly. SMART CALENDAR Stay organized with a full business calendar. Add meetings, deadlines, reminders, and notes — all in one place. Color-code events by type and set reminders that send push notifications directly to your phone — so you never miss an important event. GOOGLE CALENDAR SYNC Connect your Google Calendar and sync InvoW events automatically. Everything stays in one place across all your devices. PUSH NOTIFICATIONS Get reminded 30 minutes before every event. Set it once — InvoW handles the rest. BUSINESS OVERVIEW Track revenue, outstanding payments, and monthly performance at a glance. CLIENT MANAGEMENT Access your full client list and payment history from your phone.

Screenshots

LoanMate4 screens
InvoW4 screens

Verdict

The call

The clearest difference is rating: InvoW at 5.0 against LoanMate's 4.0. InvoW also leads on in-app purchases (none vs 3) and update cadence (every 2 days vs every 2 months). LoanMate's advantage is ratings volume (5 vs 1). On price, ads, device support and iOS requirement 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

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. LoanMate sells 3 in-app purchases, starting at $4.99 per 7 days. InvoW asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

InvoW holds the better App Store score, 5.0 against 4.0. That said, the two scores are not equally well evidenced: LoanMate has 5 ratings behind it against 1, so its average is the more settled of the two.

UpkeepUpdate frequency

LoanMate ships an update every 2 months, InvoW every 2 days. The most recent releases landed on November 4, 2026 and October 31, 2026 respectively.

Scorecard5 real differences · 5 level
LoanMate versus InvoW: the parameters behind the verdict, then further details
ParameterLoanMateInvoW
PriceFreeFree
Rating4.0 (5 ratings)5.0 (1 ratings) — better
Positive reviews—100.0% of reviews
Number of ratings5 — better1
Update frequencyEvery 2 monthsEvery 2 days — better
AdsNoNo
In-app purchasesYesNo — better
MonetizationFree with in-app purchasesFree — better
DevicesiPhone, iPad, iPodiPhone, iPad, iPod
Requires iOS15.615.1 — better
Further details — not scored
Size52 MB24 MB
Age rating17+4+
DeveloperDestiny Eze DikeochaINVOW MALDIVES LLP

Customer experience

LoanMate

All ratings3 ratings
Positive66.7%
Neutral0.0%
Negative33.3%

InvoW

All ratings1 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews2 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

3 purchases

LoanMate

Subscriptions3
  • Weekly Sub$4.997 Days
  • Pro Monthly$17.991 Month
  • Yearly Subscription$79.991 Year
None

InvoW

No in-app purchases

Questions

Is LoanMate free?
LoanMate is free to download, with in-app purchases available.
Is InvoW free?
InvoW is free to download, with no in-app purchases.
Which has better reviews, LoanMate or InvoW?
InvoW is rated higher. LoanMate averages 4.0 out of 5 from 5 ratings, while InvoW averages 5.0 from 1 ratings.
Do LoanMate or InvoW have ads?
Neither LoanMate nor InvoW shows ads.
Which is updated more often, LoanMate or InvoW?
LoanMate ships an update every 2 months, and InvoW every 2 days. Most recently, LoanMate was updated on November 4, 2026 and InvoW on October 31, 2026.

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