Shock as rogue app, Sokoloan returns to Google Play Store

Shock as rogue app, Sokoloan returns to Google Play Store

Checks by QUICK LOAN ARENA this evening indicates that the rogue lending app, Sokoloan, that has been at the fore of sending defamatory messages to its customers and their contacts, is back on Google Play Store.

Sokoloan which is owned and managed by Soko Lending Company Ltd has been added to our list of blacklisted apps few days ago along with some of its jointly managed apps. such as Gocash, 9jaCash, FastMoney and others.

On Tuesday QUICK LOAN ARENA exclusively reported that Google has removed the rogue and fraudulent loan app from its Play Store for serial violation of its policies. Sokoloan has been terrorising and defaming its customers and their contacts in recent times.

In August 2021, Sokoloan was sanctioned N10m fine for spying and invading its customers’ data privacy , and God sending threat messages to the customers and their contact lists who were never parties to any loan agreement.

In the landmark enforcement, the National Information Technology Development Agency (NITDA) imposed a fine of N10 million on the digital lending platform for spying, invading and compromising the data privacy of its customers.


On Monday, QUICK LOAN ARENA started a series of investigative reports where we commenced blacklisting of some loan apps in Nigeria over breach of data privacy of their customers and their contact lists. Sokoloan and its sister app, 9jaCash made that list.

It’s unclear what may have led to Google to restore Sokoloan app back to its Play Store after the 48-hour removal. However this is a developing story and we shall continue to update you as it unveils. Stay with QUICK LOAN ARENA!


1. NairaPlus

2. BorrowNow

3. LCredit

4. 9ja Cash (Owned by Soko Lending Company Ltd)

5. Cash Wallet

6. GGMoney

7. 9Credit

Unauthorized use, copying and/or duplication of this content material without prior express and written permission to the publisher/owner is strictly prohibited and infringements shall be subjected to relevant copyright laws.


Original content creation costs a lot of money and time. You can support our objective and social intervention by donating to this cause with this link>>>>>Register to become our business partner and donate to our CSR cause. Among other things, this will make sure we continue in this cause and additionally entitle you to enjoy free advisory and consultancy services with our financial consortium.

Disclaimer: Quick Loan Arena is not a loan agency and we do not give out loan to anybody. We however profile and review legitimate and reputable loan agencies and seeks to educate individuals, household and small businesses about loan opportunities and fight for the cause of Nigerian consumers who are daily being oppressed by loan sharks. Our intervention is to help prospective and subsisting loan customers make informed lending decisions.

You can speak with any of our Loan Consultants for more information! Call or Whatsapp +234 (0) 915 382 1578.

Do remember to give us a feedback about your loan experience after the lending process is executed.

READ ALSO! Data Breach: Lagos Journalist blows hot, threatens to sue 9Credit for defamation

READ ALSO! Top 20 Loan Apps In Nigeria For Instant Cash!

READ ALSO! FG Launches Portal For Sale Of Homes Under National Housing Scheme (HOW TO APPLY)

READ ALSO! For customers’ data breach, defamation: 9Credit app should be blacklisted

READ ALSO! CBN unveils business loans at 5% (N5m individuals, N25m corporate) for graduates, undergraduates

READ ALSO! Quick online loan scams: Top 7 ways to avoid falling victim

READ ALSO! Data Breach: EFCC, CBN, NITDA, FCCPC To Crack Down On Rogue Loan Apps

READ ALSO! CBN ‘100 Companies Every 100 Days’ Loan Fixed At Maximum N5bn At 5%

READ ALSO! Google removes LCredit, Rapid Naira, other predatory loan apps from its Play Store

READ ALSO! How To Apply For CBN ‘100 Companies Every 100 Days’ Project Funding

READ ALSO! Running from banks, Nigerians face crisis with quick loan sharks On Google Play

READ ALSO! EasyMoni: Stop sending threats to customers’ contact list: Do your homework if you’re real!

READ ALSO! Accounting software expert, Femi Adeoya, takes on small and medium scale businesses

READ ALSO! You have a job offer or you are an applicant looking for job, click here or whatsapp 0803 239 3958 to reach us

READ ALSO! How I Was Lured Into Debt Trap With N2.5m Specta Quick Loan From Sterling Bank

READ ALSO! BBNaija Dorathy Launches Lingerie Line, Says Priority Is Making Busty Women Look Good

Please follow and like us:

You May Also Like

About the Author: Femi Adeoya

Mr Femi Adeoya is a Chartered Forensic Accountant and a Certified Fraud Examiner. He has over 20 years professional work experience in accounting, finance and business management processes. As an Accounting Software Expert, he has implemented and supervised accounting solution set up of over 50 small and medium businesses in Nigeria. As a passionate blogger, Mr Adeoya is an ardent writer and communicationist. He is the CEO of QUICK LOAN ARENA (, the number 1 loan apps review website in Nigeria. He is very passionate about the quick and instant loan industry in Nigeria and has written over 200 reviews on different loan apps and digital banks in Nigeria, USA, Canada and UK.

Leave a Reply

Your email address will not be published.