Flutterwave unauthorized-transfer incidents
Nigeria's largest fintech suffered a series of unauthorized-transfer incidents in 2023, including a ₦2.9 billion ($4.2M) diversion across 28 accounts and a later ₦19 billion ($24M) loss via abused POS-merchant access, prompting Mareva injunctions to freeze thousands of beneficiary accounts.
- Victim
- Flutterwave
- Loss
- $24.0M