Hyderabad, Sept. 23 -- A city-based Fintech firm, Flexypay Solutions Private Limited, lost around Rs 1.3 crore in cybercrime after scamsters allegedly hacked its servers and made fraudulent transactions.

The company offers solutions in software applications for bill, rental and education payments, and is headquartered in Hi-Tech City.

The firm's Chief Executive Officer, Gadde Chandrasekhar, 42, has lodged a complaint with the city cybercrime police on Monday, September 22.

Chandrasekhar, in his complaint, mentioned that the firm learnt about the unauthorised transactions amounting to Rs 1,39,95,215 during an internal audit of the transactions on September 15.

It conducted a technical probe, which brought to light the unauthorised ille...