WebAug 18, 2024 · Digital lending platforms, mainly Chinese apps mushroomed during the Covid-19 pandemic, offering quick loans targeting rural population and unemployed … WebMar 21, 2024 · Following the ban on over 250 apps of Chinese origin ranging across categories such as social network, gaming, e-commerce, news, business, photo and …
chinese lending apps: 426
WebDec 29, 2024 · “We have collected details of 426 lending apps from Google Play -- most of which are Chinese Whitelabel based apps -- some of which operate in larger South-East Asia. We also have details of 260 apps that are currently not in Playstore,” fintech researcher and coordinator at Cashless Consumer, Srikanth L, wrote on Twitter on Monday. WebJan 12, 2024 · A large percentage of instant loan apps have the same software backend – but different frontend branding. Chinese investors then bring these apps to India with … crypto nervos network
If Chinese lending apps get banned, this is what you …
WebOct 30, 2024 · The Enforcement Directorate has recently frozen ₹ 9.82 crore of Chinese-controlled loan apps parked in merchant IDs with payment gateway companies. The lending apps are part of an ongoing money ... WebFeb 9, 2024 · Apps like Alipay, WeChat, Xioami and more now offer a money lending service to their users. Tencent and Baidu launched their microlending service in 2015; JD, the ecommerce platform, in 2016. But … WebOct 30, 2024 · News18. New Delhi: The Union Home Ministry has sought urgent strict action by law enforcement agencies against predatory lending apps as harassment, blackmail and harsh recovery practices by such Chinese-controlled entities have led to multiple incidents of suicides. In a communication to all states and Union territories, the home ministry said ... crypto nerds are to buy