A few days ago, the news was released about the hack at Flutterwave, where up to N2.9 billion was allegedly stolen from the Fluttwerwave account. You can still read it here.

Following the hack, Flutterwave has released a statement regarding its security: “Statement on Claims Regarding Flutterwave’s Security”.

Here are a few things to note before you dive in and read:

• They denied the hack. 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.

• No fund was lost. We want to confirm that no user lost any funds, and we take pride in the fact that our security measures were able to address the issue before any harm could be done to our users.

Now dive in yourself. Statement on Claims Regarding Flutterwave’s Security