Opera Accused of Running Predatory Loan Apps

Opera Accused of Running Predatory Loan Apps

Anybody who had been searching the net when you look at the very early 2000s most likely has many experience with Opera.

Then though, Opera made a good option to web browser, but today it offers a various business design. Based on a brand new report, Opera has launched several shady loan apps when you look at the Play shop that violate Google’s policies by billing exorbitant rates of interest for extremely short-term loans.

In accordance with monetary company Hindenburg analysis, Opera has launched at the least four re payment apps under different developer records. There’s Okash and OPesa in Kenya, CashBean in Asia, and OPay in Nigeria. These apps appear to comply with Google’s rules for financial services on the surface.

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