Browsing: Opera mini

Opera MiniPay
  • Opera MiniPay Momentum continues following the successful launch of MiniPay in Nigeria, Kenya and Ghana.
  • MiniPay empowers users to save, send, and receive funds instantly on their mobile phones with very low transaction fees.
  • With a mission to onboard millions of users to Web3 across Africa, Celo and Mento Labs aim to provide accessible financial tools through MiniPay embedded in Opera Mini.

In collaboration with Celo and Mento Labs, Opera has announced a significant achievement: surpassing 1 million users of the MiniPay wallet across Nigeria, Kenya, and Ghana markets.

This milestone for the global web innovator was marked today at the Africa Money and DeFi Summit, taking place on February 14-15 in Nairobi, Kenya.

Launched in 2006, Opera Mini has unique features such as data compression, offline file sharing, and a built-in ad-blocker. MiniPay is a self-custodial dollar stablecoin wallet seamlessly integrated into the Opera Mini browser for Android …

Returning from a global legal onslaught, Chinese owned Opera has moved on to solidify its hold of Africa with the installation of new servers in Mombasa which it says makes browsing four times faster.

The browser with more than 350 million monthly active users has faced legal tackles mainly from US and Europe on how it handles app-based loans. Google play also announced that it will take measures against the company based on how it runs Okash, an online money lending app.

Opera has announced the successful installation of its new local servers in Mombasa, Kenya, through iColo.io MBA1 data center facility which has helped increase the browsing speed significantly. The company said its new server was saving a total of 4400 hours of time waiting for webpages to load.

These servers significantly increase browsing speed up to four times faster than before, meaning that millions of Kenyans who …

In mid-January, US based financial whistleblower and research organization Hindenburg Research released a report titled’ The Phantom of the turn-around’ in which it questioned the operations of Opera, the Chinese owned browser whose popularity in Africa has remained high. What has followed is a series of class-action lawsuits by a dozen law firms in US and UK against the browser.

The research firm accused Opera of “developing predatory short-term loans in Africa and India, deploying deceptive ‘bait and switch’ tactics to lure in borrowers and charging egregious interest rates ranging from 365-876%.” This, the company says is going against Google policies of charging fair rates on short term loans.

According to financial firm Hindenburg Research, Opera has launched at least four payment apps under various developer accounts. There’s Okash and OPesa in Kenya, CashBean in India, and OPay in Nigeria.

It noted that Opera has scaled its “Fintech” segment from …