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21 Feb

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

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

Opera has come under scrutiny for presumably providing loans that are predatory its customers in Nigeria, Kenya and India.

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

But relating to Hidenburg analysis, these apps are reported to supply loans that are predatory come with misleading information.

Are you currently spending absurd interest levels on loans from all of these typical loaning apps such as for example Opesa and Okash and of course the quick payment period?