Flutterwave

The company announced that it received its Payment Services Provider and Payments Facilitator licenses in Egypt, which will enable it act as an official Payment ...

“Our vision is to connect all parts of Africa through payments and connect Africa to the world. CEO and founder of Flutterwave, Olugbenga GB Agboola said: “we are proud to have been granted the Payment Services Provider and Payment Facilitator licenses in Egypt, which forms part of our international expansion strategy. “We want you to continue to trust us and feel secure in using Flutterwave for your business needs.

As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity. We ...

We want to reassure you that Flutterwave has not been hacked.” Flutterwave said. “During a routine check of our transaction monitoring system, we identified an unusual trend of transactions on some users’ profiles. As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity.

Last month, African fintech Flutterwave was involved in a hack that resulted in over $4 million missing from its accounts.

Reports have it that ₦2949557867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave.

Adedesin, Legal Officer, State CID, Panti, Yaba, filed a suit in the Magistrate Court of Lagos to support Flutterwave’s claims. While there are no documents to confirm if the court has ruled in favour of Inspector Micheal’s motion, some people have confirmed that their accounts have been frozen in connection to the hack. Although the accounts that received the money were listed, the police are yet to freeze the receiving accounts to prevent the money being moved.

A motion to freeze accounts in 27 financial institutions in Nigeria, including Access Bank, Kuda, Zenith Bank, and OPay, has been filed. According to documents ...

Pls is this right? - Zenith Bank - Union Bank - Access Bank To investigate accounts holding the stolen funds across various financial institutions in Nigeria, S.A. It was said that the money was initially transferred to 28 accounts in 63 transactions.

Flutterwave has filed a motion to freeze accounts where hackers transferred some of the money. A suit has been filed to investigate accounts holding the stolen ...

Some Twitter users have confirmed that their accounts have been frozen in connection to the hack. A motion to freeze accounts in 27 financial institutions in Nigeria, including Access Bank, Kuda, Zenith Bank, and OPay, has been filed. While police investigations are ongoing, Flutterwave seeks to freeze accounts where hackers transferred some of the money.

Flutterwave, an African fintech unicorn, experienced a hack attack where over ₦2.9 billion was illegally transferred from their accounts.

[[email protected]](mailto:[email protected]) [Access](https://odunews.com/tag/access/) Bank, Kuda, Zenith Bank, and OPay. [police](https://odunews.com/tag/police/) by Flutterwave’s legal counsel, Albert Onimole, on February 19, 2023.

While security agents are currently investigating the fraudulent act, Flutterwave is seeking to freeze accounts where some of the money was transferred. A ...

As of press time, Flutterwave hasn’t responded to our questions. Pls is this right? Union Bank To investigate accounts holding the stolen funds across various financial institutions in Nigeria, S.A. While the incident was reported to the police on February 13, 2023, with the list of accounts that had received the money, the police could not freeze the funds. It was said that the money was initially transferred to 28 accounts in 63 transactions.

Based on documents reviewed by Techpoint Africa, an illegal transfer of ?2949557867 has been made from the accounts of African fintech unicorn, Flutterwave.

Flutterwave has stated that it is preparing an official statement on the matter. However, some commercial banks allowed the funds to be transferred to other accounts, complicating the investigation. According to Onimole’s report, the attack on Flutterwave’s accounts occurred about two weeks prior on February 13.

Contrary to several media reports, Flutterwave's co-founder and CEO, Olugbenga Agboola says the company's account was not hacked and no users' fund was ...

[Flutterwave denied the allegations](https://www.benjamindada.com/bd-insider-letter-111-flutterwave-86fb-86z-allegations/) stating that "some merchants were passing transactions on behalf of 86FB/86Z…without approval or authorisation." Amidst these claims, Flutterwave's co-founder and CEO, Olugbenga Agboola says "Flutterwave has not been hacked". We collaborate with other financial institutions and law enforcement agencies to keep our ecosystem safe and secure." "During a routine check of our transaction monitoring system, we identified an unusual trend of transactions on some users' profiles. On Sunday, several media reports said that hackers robbed Flutterwave of over ₦2.9 billion ($6.3 million). Contrary to several media reports, Flutterwave's co-founder and CEO, Olugbenga Agboola says the company's account was not hacked and no users' fund was lost.

As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity. We ...

We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages. We want you to continue to trust us and feel secure in using Flutterwave for your business needs. These are in line with global best practices in information security management. During a routine check of our transaction monitoring system, we identified an unusual trend of transactions on some users’ profiles. At Flutterwave, we understand that our customers’ personal and financial information is of the utmost importance. As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity.

Fintech firm, Flutterwave, has reported the loss of N2,949,557,867 from it's accounts. The money was said to be moved from the accounts through illegal ...

Adedesin, Legal Officer, State CID, Panti, Yaba, filed a suit in the Magistrate Court of Lagos to support Flutterwave’s claims. He said although the accounts that received the money were listed, the police had yet to freeze the receiving accounts to prevent the money from being moved. The money was said to be moved from the accounts through illegal transfers.

Reports suggest that an estimated ₦2,949,557,867 has been stolen from Flutterwave's accounts. · Flutterwave's counsel, Albert Onimole, informed the Deputy ...

[](https://nnn.ng/hausa/#=naij hausa) [](https://nnn.ng/i/#=twitter link shortner) [](https://nnn.ng/#:~:text=doing blogger outreach) [General news](https://nnn.ng/general-news/)

Flutterwave has denied reports that it was hacked and over N2 billion being funds from the company's account removed.

It’s been over a week now and Kuda Bank has refused to unlock my account even after submitting all requested documents,” Dickson Solomon, a Twitter user said. As a financial institution, we monitor transactions through our transaction monitoring systems and 24-hour fraud desk and review any suspicious activity. According to a story by Techpoint.africa, hackers made away with ₦2,949,557,867, were illegally transferred from the accounts of the African fintech unicorn, Flutterwave.

Techpoint Africa reports that on February 19, 2023, Flutterwave's legal counsel, Albert Onimole, reported the case to the Deputy Commissioner of Police, ...

It was learnt that some accounts holding the stolen monies have already been frozen but there are no documents to confirm if the court has ruled in favour of Inspector Micheal’s motion. The Legal Officer of the State Criminal Investigation Department (SCID), Panti, Yaba, Lagos, S.A. However, the police could not freeze the funds.

The company stated that it identified an “unusual trend of transactions” on some user profiles during a routine check of its transaction monitoring system. The ...

- It was said that the money was initially transferred to 28 accounts in 63 transactions. A user claimed that his account had been blocked in connection with the stolen funds from Flutterwave. We want to reassure you that Flutterwave has not been hacked.” Flutterwave said. - “We want you to continue to trust us and feel secure in using Flutterwave for your business needs. Flutterwave took swift action to address the issue before any harm could be done to its users. - “During a routine check of our transaction monitoring system, we identified an unusual trend of transactions on some users’ profiles.