Opera reportedly has multiple predatory loan apps in the Play Store with interest rates of up to 876%

It's no secret that Opera isn't doing so well in the era of Chrome dominance. According to a report published by Hindenburg Research, the company's losses in browser revenue have apparently led it to create multiple loan apps with short payment windows and interest rates of ~365-876%, which are in violation of new Play Store rules Google enacted last year.

You may recall that Opera became a public company in mid-2017, shortly after it was purchased by a China-based investor group.

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Opera reportedly has multiple predatory loan apps in the Play Store with interest rates of up to 876% was written by the awesome team at Android Police.


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