LendPoint
LendPoint vs LoanTabs: Which Loan Software Fits Kenyan Lenders? (2026)
LoanTabs and LendPoint both sell cloud loan management software to SACCOs, microfinance institutions and lenders, and both show up when Kenyan lenders search for loan software. They come from different places, though. LoanTabs is built in Uganda for lenders in many countries. LendPoint is built in Kenya, around M-Pesa and Kenyan regulation.
This comparison uses each company's public pages as of November 2026. LendPoint publishes it, so we've included where LoanTabs is the better choice too.
LendPoint vs LoanTabs at a glance
| LendPoint | LoanTabs | |
|---|---|---|
| Based in | Mombasa, Kenya | Kampala, Uganda |
| Built for | Kenyan SACCOs, MFIs and lenders | Lenders in many countries (13 country guides) |
| Pricing | KES 5,000/month (Starter), KES 8,000/month (Professional), plus a one-time KES 10,000 onboarding fee | From USD 9.99/month on annual billing (launch price, renewing at USD 16/month) up to USD 54.99–75/month for Enterprise |
| Currency of pricing | Kenyan shillings | US dollars |
| Free trial | 7 days | 30 days |
| M-Pesa disbursement (B2C) | Built in | Not described |
| Automatic Paybill matching and STK push | Built in | Its Kenya guide describes recording M-Pesa repayments against loans and reconciling a Paybill or till account |
| USSD for borrowers | Yes | Not listed |
| Client mobile app | LendPoint app on Google Play | Web app |
| Reports | Dashboards, accounting reports and exports | 30 reports, including PAR, ageing and provisions |
| Group lending | Individual loans with guarantors | Group lending and a SACCO add-on |
| Interest methods | Flat and reducing balance | 7 methods |
Where LendPoint is stronger
M-Pesa is built in, not recorded by hand
In Kenya, most loans go out and come back through M-Pesa:
- LendPoint sends approved loans to the borrower's phone through the B2C API.
- Paybill repayments are matched to the right loan automatically through C2B.
- Lenders can send an STK push for the exact installment.
Automatic matching is what removes daily reconciliation and makes arrears visible the day after an installment falls due. See how M-Pesa repayment automation works.
Priced in shillings
LendPoint's prices are in KES. Dollar pricing moves with the exchange rate, and LoanTabs's lowest prices are launch prices that renew higher. Compare total costs in our loan software cost guide.
Reaching borrowers on any phone
Borrowers can check their limit, repay and get a mini-statement over USSD on a feature phone. Clients with smartphones can use the LendPoint app or the web portal.
Up to date on Kenyan regulation
Kenyan lending changed on 29 September 2026, when CBK's Non-Deposit Taking Credit Providers Regulations (Legal Notice 191) replaced the 2022 digital lender rules. LendPoint's guides cover the new rules in detail:
LoanTabs's Kenya guide still refers to the 2022 regulations.
Local support
LendPoint is built in Kenya, with onboarding, training and support in the same time zone and market as your team.
Where LoanTabs is stronger
- A cheaper starting price. USD 9.99 a month on annual billing for its first plan, while the launch price lasts.
- A longer trial: 30 days against LendPoint's 7.
- Reporting depth: 30 built-in reports, including PAR, ageing and provisioning reports.
- Group lending and a SACCO add-on, which LendPoint doesn't offer. LendPoint focuses on individual loans with guarantors and collateral.
- More interest methods (7, against LendPoint's flat and reducing balance).
- Multi-country: a better fit if you lend in several countries outside Kenya.
Which should you choose?
- Choose LendPoint if you lend in Kenya through M-Pesa and want automatic disbursement and repayment matching, USSD and a client app, prices in KES, and software that tracks Kenyan regulation.
- Choose LoanTabs if you need group lending, the deepest built-in reporting, many interest methods or several countries, and you're happy to record M-Pesa repayments rather than match them automatically.
The fastest way to decide is to run your own loans through each one during the trial. Our 8-step trial test shows what to check. For more options, see our comparison of 10 loan management systems in Kenya, or read the guide to choosing a loan management system in Kenya.
Frequently asked questions
Is LoanTabs or LendPoint better for Kenyan lenders?
It depends on how you lend. LendPoint is built for Kenya, with native M-Pesa disbursement and automatic Paybill matching, USSD, a client app and KES pricing. LoanTabs has a lower starting price, a longer trial, deeper built-in reporting and group lending.
How much does LoanTabs cost compared with LendPoint?
LoanTabs is priced in US dollars, from USD 9.99 a month on annual billing at its launch price (renewing at USD 16) up to USD 54.99–75 a month for Enterprise. LendPoint costs KES 5,000 or KES 8,000 a month, plus a one-time KES 10,000 onboarding fee.
Does LoanTabs integrate with M-Pesa?
LoanTabs's Kenya guide describes recording M-Pesa repayments against loans and reconciling a Paybill or till account. LendPoint disburses through the M-Pesa B2C API and matches Paybill repayments automatically. Confirm current integrations with each vendor.
Does LendPoint support group lending?
No. LendPoint is built around individual loans with guarantors and collateral. Lenders that rely on group lending should look at systems with group features, such as LoanTabs.
Can I move from LoanTabs to LendPoint?
Yes. Export your borrowers and active loans. Borrowers can be bulk-uploaded into LendPoint, and the onboarding team helps migrate active loans and balances.
