loan apps

Google Acted Against Over 3,500 Loan Apps in India in 2022 for Violating Play Store Policy

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Google took action against over 3,500 loan apps in India in 2022 for violating Play Store policy requirements, the company said on Thursday. Google said that overall it prevented 1.43 million policy-violating apps from being published on Google Play banning 173,000 bad accounts preventing over $2 billion (nearly Rs. 16,350 crore) in fraudulent and abusive … Read more

ED Files Charge Sheet Against Razorpay, Fintech Firms in Money Laundering Probe Linked to Chinese Loan Apps

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The Enforcement Directorate Friday said it has filed a charge sheet against payment gateway Razorpay, three fintech companies controlled by Chinese nationals and as many NBFCs and some others in a money laundering probe linked to Chinese loan apps which allegedly cheated numerous people. The federal probe agency said in a statement that the special … Read more