Alleged security breach leads to millions of dollars missing from Flutterwave accounts

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  • Last month, Flutterwave, Africa’s largest startup by private valuation, was involved in a security breach.
  • Over ₦2.9 billion (~$4.2 million) was missing from its accounts.
  • The documents were seen by a local tech publication, Techpoint Africa, and reviewed by TechCrunch.
  • Unknown actors transferred the funds across 28 accounts in 63 transactions.