Opera reportedly has multiple predatory loan apps in the Play Store with interest rates of up to 876% (Update: Opera responds)

• Update 1: 2020/01/20 10:57am PST
  Opera has posted a response to the report on its investors site, stating it "contains numerous errors": The Company is aware of and has carefully reviewed the report published by

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.

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

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