Holy shit.

I thought this was just going to be a matter of poor security implementation or crappy feature sets.

Turns out they converted the company into a loan shark operation owned by Chinese ad companies

when the Opera browser continued losing users (due to competition from Google and Apple), the company shifted gears to building mobile apps that provided predatory short-term loans. The interest rates on those loans ranged from 365-876% per year, and loan terms from 7-29 days.