..says its all fallacy
The African fintech unicorn Flutterwave has recently denied losing the sum of ₦2,949,557,867 to hackers as earlier reported on Sunday.
Flutterwave has made it clear that, the company never suffered such and no 300 customer were affected by such fraudulent act as claimed by the report earlier.
The company insisted that nothing of such happened, on Sunday.
They clarifies, “We want to reassure you that Flutterwave has not been hacked. As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity.
“We collaborate with other financial institutions and law enforcement agencies to keep our ecosystem safe and secure.”
It further disclosed that none of its customers lost funds nor was the company account hacked.
“During a routine check of our transaction monitoring system, we identified an unusual trend of transactions on some users’ profiles.
“Our team immediately launched a review (in line with our standard operating procedure), which revealed that some users who had not activated some of our recommended security settings might have been susceptible.”