Is my personal data safe with Apps

Generally, no. While legitimate financial institutions invest heavily in security, the digital lending industry—particularly in emerging markets—is plagued by widespread data privacy violations. Research analyzing 435 loan apps from Indonesia, Kenya, Nigeria, Pakistan, and the Philippines found pervasive non-compliance: 141 apps violated national regulations and 147 violated Google's Financial Services Policy

Following a security audit disclosure, Google removed 93 flagged loan apps from the Play Store that had accumulated over 300 million cumulative installs . This proves that even apps on the official store are not automatically safe.