# MatrixPay vs LoroNote

The clearest difference is in-app purchases: MatrixPay at none against LoroNote's 4. MatrixPay also leads on iOS requirement (13.0 vs 18.6). LoroNote's advantage is update cadence (every 4 days vs every 5 weeks). On price, ads and device support there is nothing between them.

Both are free to download. LoroNote sells 4 in-app purchases, starting at $4.99 per month. MatrixPay asks for nothing beyond the download.

MatrixPay ships an update every 5 weeks, LoroNote every 4 days. The most recent releases landed on October 7, 2026 and October 17, 2026 respectively.

## The numbers

| Metric | MatrixPay | LoroNote |
| --- | --- | --- |
| Price | Free | Free |
| Rating | — | **[4.7 (50 ratings)](https://appshunter.io/ios/app/loronote-speech-to-text/id6749249346/reviews)** |
| Number of ratings | — | **50** |
| Positive reviews | — | 86.2% of reviews |
| In-app purchases | **No** | Yes |
| Ads | No | No |
| Update frequency | Every 5 weeks | **Every 4 days** |
| Monetization | — | Free with in-app purchases |
| Size | 35 MB | 696 MB |
| Requires iOS | **13.0** | 18.6 |
| Devices | iPhone, iPad, iPod | iPhone, iPad, Apple Watch |
| Age rating | 4+ | 4+ |
| Developer | [Shafeek Haneef](https://appshunter.io/developer/682360072) | [Rich Soft Co., Ltd](https://appshunter.io/developer/1499019813) |

## What reviewers say

### MatrixPay

[App page](https://appshunter.io/ios/app/matrixpay/id6748288519)

**In-app purchases:** none


### LoroNote

[App page](https://appshunter.io/ios/app/loronote-speech-to-text/id6749249346)

This AI-powered voice recorder offers studio-grade transcription with advanced privacy features. It processes audio entirely on-device, supports over 100 languages, and integrates with Apple Intelligence for enhanced productivity. Features include on-wrist recording, import/export options, and smart organization tools.

**Highlights:** On-device AI transcription, 100% privacy, Offline functionality, Apple Intelligence integration, Apple Watch app, Import/export audio and text, Customizable dictionary

**Features:** Apple Watch app

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Loro Pro Monthly | $4.99 | per month |
| Monthly Subscription | $4.99 | per month |
| Yearly Subscription | $19.99 | per year |
| Pro Lifetime | $39.99 | one-time |


## Frequently asked questions

### Is MatrixPay free?

MatrixPay is free to download, with no in-app purchases.

### Is LoroNote free?

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

### Do MatrixPay or LoroNote have ads?

Neither MatrixPay nor LoroNote shows ads.

### Which is updated more often, MatrixPay or LoroNote?

MatrixPay ships an update every 5 weeks, and LoroNote every 4 days. Most recently, MatrixPay was updated on October 7, 2026 and LoroNote on October 17, 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.*