OPay vulnerable to Being Kicked down Playstore as Report Finds Opera Guilty of providing Exploitative Loans

Opera has come under scrutiny for allegedly providing predatory loans to its clients in Nigeria, Kenya and India.

The organization has 3 loan android apps – CashBean (Asia), OKash (OPay, Nigeria), and OPesa (Kenya) – services which offered about 5 million loans respected at $250 million in Kenya, India and Nigeria in Q3 of 2019.

But based on Hidenburg Research, these apps are reported to provide loans that are predatory come with misleading explanations. [Read more...]