On Sunday, several media reports said that hackers robbed Flutterwave of over ₦2.9 billion ($6.3 million). According to Techpoint Africa, ₦2,949,557,867 was illegally transferred from the account of the Nigerian fintech company.
Amidst these claims, Yewande Akomolafe-Kalu, Head of Branding and Storytelling at Flutterwave, said, “Flutterwave has not been hacked”. However, she noted that a merchant’s account was compromised but “…no user lost any funds.”
In letter 152, we examine:
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Last updated: December 26, 2024
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