Nigeria Fintech Flutterwave Denies Client Account Hacking Reports – Fintech Bitcoin News

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Nigeria Fintech Flutterwave Denies Client Account Hacking Reports – Fintech Bitcoin News
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Flutterwave is believed to have reacted to this by filing a motion to freeze accounts in as many as 27 financial institutions. fintech hacking

The Nigerian fintech Flutterwave has rejected reports suggesting that hackers have stolen as much as $6.3 million from user accounts. The fintech firm said a routine check of its transaction monitoring system helped to uncover “an unusual trend of transactions on some users’ profiles.”The Nigerian fintech unicorn, Flutterwave, has said reports suggesting that hackers stole approximately $6.3 million from client accounts are not true.

While the statement suggested that Flutterwave is working with “other financial institutions and law enforcement agencies to keep our ecosystem safe and secure,” the fintech firm however insisted it only took action after detecting anomalies on some users’ accounts.

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