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Xiaomi India discontinues Mi Credit, Mi Pay apps

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Image Credit: money control

Phone maker Xiaomi’s India subsidiary is no longer offering Mi Credit, the personal loan marketplace that it operated. The Mi Credit app is no longer on the Play Store, and the third party service APKMirror lists the last update to the app as taking place in July. TechCrunch broke the development on Friday, reporting that the company’s financial services overall have been wound down.