Google asks illegal loan apps in Africa to present license to operate

Google has ordered loan apps in Kenya to present proof of their licenses to operate in the country, or they risk being removed from the Google Play store.

According to TechCrunch, the move on Google’s part was necessary to protect borrowers from rogue loan apps, many of which charge borrowers outrageous interest rates as well as operate against legal provisions.

“Developers with personal loan apps targeting Kenyan users must complete [a] declaration form and submit the necessary documentation before publishing their personal loan app a Personal loan apps operating in Kenya without proper declaration and license attribution will be removed from the Play Store,” Google said in a policy update.