Flutterwave police Dec 11, 2024 · The Nigerian police have reportedly arrested numerous bank customers accused of engaging in fraudulent activities on Flutterwave’s platform, with 601 additional suspects under investigation for benefiting from earlier breaches. [5] At the time, this was the largest amount ever Flutterwave and its affiliates (“we”, “us”, “our” collectively, “Flutterwave”) is committed to protecting the rights and privacy of individuals in accordance with the Data Protection Legislation. Mar 21, 2025 · This article is a complete flutterwave review. Bigger than Dangote? How BUA Foods became Nigeria’s hottest stock With a market Dec 10, 2024 · The Nigeria Police Force has announced plans to arrest 601 individuals who allegedly received funds from the fraudulent transactions, marking a significant development in the ongoing investigation. , Canada, Nigeria, Kenya, Uganda, Ghana, South Africa, and 29 other African countries. May 17, 2024 · Flutterwave has allegedly suffered another security breach that allowed unknown persons to divert billions of naira to several bank accounts. Techpoint Africa reports that on February 19, 2023 Sell online, process payments, build financial products, or use business tools designed to grow your business Sell online, process payments, build financial products, or use business tools designed to grow your business. 9 billion from Flutterwave accounts. PA DSS & PCI DSS Compliant Oct 7, 2024 · Flutterwave CEO GB discusses the company's recent administrative changes, product focus, and their implications for the company as it scales. Company faces growing scrutiny over multiple security breaches and financial losses Jan 28, 2025 · The Nigeria Police Force (NPF) says it has arrested 179 individuals involved in a large-scale money laundering operation linked to a cyberattack on Flutterwave, a leading payment processing platform in the country. Olu White, to Dec 9, 2024 · Six hundred and one (601) account holders are been trailed by Nigerian Police for arrest over a technical glitch that cost fintech company Flutterwave N21. 9 billion Flutterwave hack last year? Here’s a recap: Hackers swiped ₦2. 9 billion through illegal transfers from its different bank accounts. Join us and contribute to this effort. Dec 11, 2024 · Nigerian police recently arrested several bank customers linked to fraudulent activities on Flutterwave’s platform and plan to apprehend 601 others suspected of receiving proceeds from a previous breach. Endless payment possibilities for every individual Flutterwave offers P2P remittances to enable individuals send funds to their family and loved ones. However, the account owners say Access Bank and Providus Bank are yet to comply with the order. A few days after 86FB was labelled a ponzi scheme, the sports betting platform released a statement on Friday and accused Flutterwave of colluding with the police to freeze its account Flutterwave | 225,298 followers on LinkedIn. Feb 22, 2025 · Flutterwave, a leading fintech company founded by young Nigerians and headquartered in Lagos, operates in 35 countries including the US, Canada, Nigeria, Kenya, Uganda, Ghana, and South Africa. Discover more inside. 9 billion Flutterwave hack last year. Apr 7, 2023 · Beneficiaries of the ₦2. This recognition highlights the significant contributions of Agboola and Flutterwave in shaping the future of the payments industry and fintech in Africa. Sell online, process payments, build financial products, or use business tools designed to grow your business. These individuals conducted transactions across financial institutions, including Polaris Bank, Sparkle Microfinance Bank, Stanbic IBTC, Standard Chartered Bank Dec 9, 2024 · Flutterwave, the leading African payments company, is proud to announce that its CEO and founder, Olugbenga “GB” Agboola, has been recognized as one of the top 25 industry leaders in the Payment People 2024 list. . Dec 10, 2024 · The Nigeria police is set to arrest 601 individuals linked to a technical glitch that resulted in the loss of N21. Multiple payment options Our payments solutions cater to all your payments needs, whether you run an internet business (e-commerce, marketplaces, platforms, etc) or a business in midtown in any city. Flutterwave UK Limited is a registered Payment Services Directive (PSD) agent of Global Remit Financial Services Limited, an Authorised Payment Institution, authorised by the United Kingdom’s Financial Conduct Authority. Aug 29, 2025 · Flutterwave Mobile is not restricted to just the Flutterwave Store or the mobile POS use cases. [2][3][4] In 2021, Flutterwave raised a US$170 million Series C funding round. Flutterwave insists that there was no breach. But, he spent Mar 5, 2023 · Police investigations are ongoing as Flutterwave, via legal counsel and law enforcement parties, has filed a motion and seeks to freeze accounts across 27 financial institutions that interacted Flutterwave Inline is the easiest way to receive payments on your website. Apr 28, 2022 · Regional Champions Inside the scandal at Flutterwave, Nigeria’s fintech champion Former employees allege bullying, mismanagement and serious administrative errors at the startup, which is valued at more than $3 billion. The perpetrators illegally transferred ₦11 billion ($7 million) to several accounts in April 2024, one financial services insider with direct knowledge of the Endless payment possibilities for every individual Flutterwave offers a host of seamless products for individuals, ensuring smooth transactions and efficient money management. Flutterwave Checkout is the easiest way to collect payments from your customers anywhere in the world. 9 billion from Flutterwave's accounts. Endless payment possibilities for every individual Flutterwave offers a host of seamless products for individuals, ensuring smooth transactions and efficient money management. In 2024 the nine-year-old Nigeria-based startup, now valued at $3 At Flutterwave, we take security seriously, so every payment made on our platform is 100% secure, even exceeding industry standards. 2 million) by Flutterwave in October 2023. At Flutterwave, we don’t merely clock in—we fight. The arrests follow recurring security breaches, including a ₦11 billion heist, raising concerns about cybersecurity. Sell online, process payments, build financial products, or use business tools designed to grow your business Feb 25, 2022 · CEO and founder of payment company Flutterwave Olugbenga Agboola ADEYEMI ADEPETUN, in this report, writes on the growing impact of Nigeria’s startup ecosystem with a focus on Flutterwave’s Flutterwave is a fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent. The unauthorized transfers amounted to ₦11 billion ($7 Nigerian authorities have escalated their efforts to investigate the shocking N21. We are a bunch of bold, creative and imaginative individuals collectively driving the effort of simplifying payments for millions of businesses in Africa, and across the globe. Every Flutterwave merchant is able to efficiently manage their business; whether it's checking balance overview, seeing daily transactions, quickly retrieving a customer's details, your business will always be mobile (pun intended). Safety and security guaranteed At Flutterwave, we take security seriously, so every payment made on our platform is 100% secure, even exceeding industry standards. 2 million) in erroneous transactions last year. This development comes after a months-long investigation into a technical glitch that led to the fraudulent funds transfers. Aug 15, 2024 · eral high court in Abuja has denied a motion by the inspector general of police (IGP) seeking an order to compel twelve banks an financial institutions to reverse billions of naira that were Flutterwave and its affiliates (“we”, “us”, “our” collectively, “Flutterwave”) is committed to protecting the rights and privacy of individuals in accordance with the Data Protection Legislation. We do this by building technology, tools, and infrastructure for businesses and banks who want to provide a more seamless and secure payments Is compliance really the police? 👀 We had a chat with Andisiwe Mahamba, Regional Compliance lead for SA and she shares what a day-to-day look like for her and breaks down some perception about Endless payment possibilities for every individual Flutterwave offers a host of seamless products for individuals, ensuring smooth transactions and efficient money management. Aug 15, 2024 · A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order to compel approximately twelve banks and financial institutions to reverse billions of naira that were allegedly fraudulently withdrawn from a Flutterwave account at Wema Bank. See how Flutterwave powers millions of businesses, ranging from large enterprises to small businesses. 2 billion ( $21. 9 billion hack Remember that ₦2. 2 billion ($21. Explore key Flutterwave reviews to understand its benefits, fees, and everything you should know about Flutterwave. Uncover the shocking details of the N11 billion Flutterwave breach and the impending arrests of 601 bank customers. Mar 5, 2023 · In early February 2023, hackers transferred over ₦2. Beneficiaries of another set of ₦250 million($543,088) and ₦200 million ($434,470) transactions were also reportedly detained by the Police. Nigerian police reportedly arrested several bank customers implicated in See how Flutterwave powers millions of businesses, ranging from large enterprises to small businesses. ISO 27001 & 22301 Certification Our ISO 27001 & 22301 certification means that we have acceptable business practices and processes, including a robust business continuity plan. Feb 12, 2024 · A court in Lagos has ordered banks to unfreeze accounts in connection to a ₦2. Oct 30, 2025 · Updates, Insights, Announcements and everything related to Flutterwave. 9 billion from their accounts. Jan 28, 2025 · The Nigeria Police Force (NPF) says it has arrested 179 individuals involved in a large-scale money laundering operation linked to a cyberattack on Flutterwave, a leading payment processing platform in the country. May 20, 2024 · In a significant setback for Nigerian fintech company Flutterwave, a major security breach in April 2024 allowed unknown individuals to divert billions of naira to several bank accounts. Sell online, process payments, build financial products, or use business tools designed to grow your business Safety and security guaranteed At Flutterwave, we take security seriously, so every payment made on our platform is 100% secure, even exceeding industry standards. This incident follows closely on the heels of a court order obtained by Flutterwave to recover $24 million lost to unauthorized POS transactions. Dec 10, 2024 · The Nigeria police is set to arrest 601 individuals linked to a technical glitch that resulted in the loss of N21. According to court documents seen by People’s Gazette, these customers are linked to transactions involving several banks, including Polaris Bank, Sparkle Microfinance Bank, Stanbic IBTC Mar 5, 2023 · A Nigerian fintech company, Flutterwave has lost the sum of ₦2. As is common in the financial services industry, there will always be attempts by bad actors to compromise the security of systems set up to protect and monitor services. Beautiful, Smart, Fast and Secure. Dec 10, 2024 · The Nigeria Police Force has announced plans to arrest 601 bank customers linked to a significant breach involving Flutterwave, a leading fintech company. May 16, 2024 · One month after obtaining a court order to recover $24 million lost to unauthorised POS transactions, Flutterwave suffered another security breach that allowed unknown persons to divert billions of naira to several bank accounts. The police are now seeking a federal court order to freeze accounts across eight major banks, including Polaris Bank Ltd. 2 million) between October 12 and Dec 9, 2024 · Police in Nigeria are seeking to freeze 601 accounts as part of an investigation into 9,633 erroneous transactions after payment processing platform Flutterwave suffered a breach in 2023, The Africa Report can confirm. On February 19, 2023, Flutterwave’s legal counsel, Albert Onimole, reported the case to the Deputy Commissioner of Police, State Criminal Intelligence Department, Panti, Yaba, Lagos. Nigeria-born Olugbenga Agboola came up with the idea for Flutterwave, which processes African consumers' payments to tech companies, in 2010. It was revealed that the money was initially transferred to 28 accounts in 63 transactions, and some of the commercial Jun 20, 2024 · To intensify the fight against internet crime and enhance the security of business transactions, unicorn payments technology company, Flutterwave, says it is partnering the Economic and Financial Endless possibilities for every business - Sell online, process payment, build financial products, and so much more. | At Flutterwave, we are on a mission to build payments infrastructure to connect Africa to the global economy. We help banks and businesses build secure and seamless payments solutions for their customers. Dec 10, 2024 · The Nigeria Police Force Has Announced Plans To Arrest 601 Bank Customers Linked - Crime - Nairaland Nairaland Forum › Nairaland / General › Crime › The Nigeria Police Force Has Announced Plans To Arrest 601 Bank Customers Linked (1162 Views) How Cyber Criminals Clone ATM Cards, Fleece Bank Customers Of Savings • Police Uncover New Strategy For Robbing Bank Customers • 30-Year-Old Jan 27, 2025 · What does it take to ignite a change? 2024 was a year of grit, audacious leaps into uncharted territories, and an unrelenting refusal to accept the boundaries of what African innovation can achieve. The breach, attributed to a technical glitch in Flutterwave’s POS system, enabled 814 agents to process transactions exceeding their account balances. May 16, 2024 · At Flutterwave, protecting the security of our customers’ information and funds stands as our foremost priority. You can quickly integrate using our SDKs, prebuilt UIs or build custom solutions using our APIs. Jan 30, 2025 · Nigerian authorities arrest bank customers linked to Flutterwave fraud. While police investigations are ongoing, Flutterwave is seeking to freeze accounts where some of the money was transferred. Create and manage your own virtual and physical cards from anywhere. Nigeria’s fintech company, Flutterwave, has dismissed a claim by 86FB, a gambling platform offering investment services, that it withheld funds belonging to Nigerians who invested in its promotion offerings. Flutterwave shares our commitment to customer centricity and our partnership allows us to create payments experiences that combine payments innovation, reduced friction, and cost savings” Flutterwave, a leader in Africa’s fintech revolution, has found itself at the center of yet another fraud scandal. The hack was reported to the police by Flutterwave’s legal counsel, Albert Onimole, on February 19, 2023. This is the payment portal for Police Clearance Certificate and Background Checks Mar 6, 2023 · Police investigations are ongoing as Flutterwave, via legal counsel and law enforcement parties, has filed a motion and seeks to freeze accounts across 27 financial institutions that interacted Mar 6, 2025 · Download official Flutterwave logos, product images, Leadership team photos, and office photos. Mar 6, 2023 · Flutterwave’s legal counsel, Albert Onimole, had earlier reported the case to the Deputy Commissioner of Police, State Criminal Intelligence Department, Panti, Yaba, Lagos. A motion to freeze accounts in 27 financial institutions in Nigeria, including Access Bank, Kuda, Zenith Bank, and Opay, has been filed. com +234 1-8889595 /0700-FLUTTERWAVE The Nigeria police is set to arrest 601 individuals linked to a technical glitch that resulted in the loss of N21. What Happened? In April, we detected unauthorized activities inconsistent with […] Dec 9, 2024 · The Nigerian police are seeking to arrest 601 account holders regarding a technical glitch that cost fintech company Flutterwave N21. Simply import our lightweight JavaScript library on your checkout page, and call the FlutterwaveCheckout() function when your customer clicks the payment button. Whether you’re a large corporate entity, a small business, or a freelancer, create cards that help you grow your business. We'll handle the payment process and notify you once it's complete. This announcement was made yesterday following an investigation into a technical glitch that allowed unauthorised transactions totalling N21. Detailed description on pricing for Flutterwave's offerings. The incident, described as one of the largest []The post Flutterwave breach: Police to arrest 601 May 16, 2024 · Flutterwave experienced another security breach, which allowed unknown individuals to divert ₦11 billion to various bank accounts. This positive impact resonates strongly in the Flutterwave reviews we've highlighted here. 2 billion security breach involving Flutterwave. 3 million) Flutterwave breach reported in March have confirmed they were detained by the police. Is Flutterwave legit and safe? The payment provider offers a range of products for businesses of all sizes. Global Support Contact: hi@flutterwavego. With over 600 suspects und Feb 13, 2024 · Fresh news on Flutterwave's ₦2. The fintech's legal team went all out, reporting the whole mess to the Deputy Commissioner of Police and even managing to freeze 107 accounts to try and stop the 1 day ago · Condemning the security lapse that enabled the attack, Tinubu urged communities—particularly those in vulnerable areas—to promptly share information and intelligence with the military, police, and the Department of State Services (DSS), stressing that security agencies cannot operate effectively without grassroots cooperation. S. Over 9,663 unauthorised transactions were carried by point-of-sale merchants amounting to billions of naira after Flutterwave suffered a glitch, which “allowed agents to conduct transactions in Feb 23, 2025 · She explained that the partnership came following a meeting between NITDA’s Director General, Kashifu Inuwa, the CEOs of Flutterwave, Olugbenga Agboola, and Alami’s CEO, Ms. Getting Started Create an account and learn how to start using Flutterwave Flutterwave APIs help you collect payments seamlessly in your application. Aug 15, 2024 · A Federal High Court in Abuja has denied a motion by the Inspector General of Police (IGP) seeking an order to compel approximately twelve banks and financial institutions to reverse billions of naira that were allegedly fraudulently withdrawn from a Flutterwave account at Wema Bank due to a system glitch between October 12 and 13, […] Flutterwave: 2025 TIME100 Most Influential CompaniesThe reach of Africa’s most valuable fintech goes well beyond the continent. It was this belief that had us entering new markets like Saudi Arabia, Bahrain […] Flutterwave shares our commitment to customer centricity and our partnership allows us to create payments experiences that combine payments innovation, reduced friction, and cost savings” Create payment links to easily and safely receive payments from your customers globally —— no code required. Dec 10, 2024 · The Nigeria police have concluded plans to arrest 601 customers of various banks suspected to have received the proceeds of fraudulent transfers following a Flutterwave breach last year. , Stanbic IBTC Holdings, and Standard Chartered Bank after their initial Mar 5, 2023 · Recently, on February 13, 2023, African fintech unicorn, Flutterwave, experienced an attack by hackers who illegally transferred ₦2. The withdrawals Flutterwave was founded in 2016 by Iyinoluwa Aboyeji, Olugbenga Agboola, and Adeleke Adekoya and is headquartered in San Francisco, California with current operations in the U. 9 billion ($6. Mar 6, 2023 · According to documents seen by Techpoint Africa, ?2,949,557,867 has been illegally transferred from the accounts of African fintech unicorn, Flutterwave. This development comes Dec 10, 2024 · Nigerian police have arrested several bank customers linked to fraud on Flutterwave, with 601 more suspects targeted. Aug 17, 2023 · In the realm of seamless payment solutions, Flutterwave shines as an industry leader. Create an account to start integrating our payment solutions into your application. We would like to show you a description here but the site won’t allow us. Overview Flutterwave Incorporated and its affiliates (“we”, “us”, “our” collectively, “Flutterwave”) is committed to protecting the rights and privacy of individuals in accordance with the Data Protection Legislation. In an accompanying letter, Onimole stated that the hack Sell online, process payments, build financial products, or use business tools designed to grow your business Sell online, process payments, build financial products, or use business tools designed to grow your business. Forgot Password?Log in to your account Flutterwave Inline is the easiest way to receive payments on your website. smfg yibty iwwmd qepab rgmyakkjv btqf jvdod qdjfre gahdl fengxrjf fvtzyum gjcmot njvom qhlymb fsuowr