Fintech companies with China links on govt’s radar: Report

Several financial technology apps have come under the government’s scanner over links with Chinese entities, amid border tensions along the Line of Actual Control (LAC). The apps are on the Centre’s radar over data and privacy breaches, and might even be banned, according to a Mint report. “What has set the alarm bells ringing is the presence of Chinese nationals as directors in several of these lending apps,” a source told the Mint. Moneycontrol could not independently verify the stor…

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