Fintech to refund customers after platform breach

Fintech to refund customers after platform breach

PUNCH

Fintech startup, Patricia Technologies Limited, has announced a two to five-year repayment plan for all customers who lost money following the recent breach of the company’s platform by hackers.

This was contained in a statement from Patricia Technologies on Wednesday.

The startup said it suffered a severe setback from a breach of its platform by suspected criminal elements, resulting in substantial asset loss to the company and customers

However, it rolled out a phased repayment plan that would give the business and the Police the needed latitude to recover stolen funds from the arrested suspects.

“To manage expectations, Patricia Technologies estimates a repayment plan spanning two to five years. The commitment is to ensure that every customer receives their full and final rightful payments within this timeframe, underscoring the company’s determination to persist until all of its financial obligations are fulfilled.”

Patricia Technologies also hinted that it had worked on a best-in-class technological solution to prevent a repeat of the recent breach…

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Fintech to refund customers after platform breach

 

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