Privacy Policy

1. Who We Are

AjoMoney operates the savings group management platform at ajomoney.ng. For the purposes of data protection, AjoMoney is the data controller of your personal information. You can contact us at info@ajomoney.ng.

2. Information We Collect

We collect the following categories of personal information:

Information you provide directly

• Full name and email address (on registration)
• Phone number and home address (optional, in profile)
• Bank account details (optional, for payout identification)
• BVN and NIN (optional, for identity verification — stored encrypted)
• Profile photo (optional)
• Payment proof images and documents you upload
• Messages you send via our Contact form

Information collected automatically

• IP address and browser type
• Pages visited and actions taken on the platform
• Date and time of access
• Device information

3. How We Use Your Information

We use your information to:

• Create and manage your account
• Enable you to participate in savings groups
• Display your bank details to fellow approved group members when you are the cycle recipient
• Send you email notifications about contributions, payouts, and group activity
• Verify your identity (BVN/NIN) where KYC is required by a group
• Respond to support requests
• Ensure platform security and prevent fraud
• Improve and maintain the platform

4. How We Share Your Information

We do not sell your personal information to any third party. We may share limited information in these circumstances:

• With other group members: Your name, profile photo, and bank details (if provided) are visible to approved members of groups you belong to
• With service providers: We use third-party services for email delivery (e.g. mail hosting). These providers only process your data on our behalf and are bound by confidentiality obligations
• With law enforcement: We may disclose information where required by law, court order, or to protect the rights and safety of users

5. How We Protect Your Data

We take data security seriously. Measures we have in place include:

• All data is transmitted over HTTPS (encrypted in transit)
• BVN and NIN numbers are stored with AES-256 encryption at rest
• Passwords are hashed and never stored in plain text
• Access to production data is restricted to authorised personnel only
• Regular security reviews and updates

6. How Long We Keep Your Data

We retain your personal information for as long as your account is active or as needed to provide our services. If you delete your account, we will delete your personal information within 30 days, except where we are required by law to retain it for a longer period.

7. Your Rights (NDPR)

Under the Nigeria Data Protection Regulation (NDPR), you have the right to:

• Access: Request a copy of the personal data we hold about you
• Correction: Request correction of inaccurate or incomplete data
• Deletion: Request deletion of your data (right to be forgotten)
• Objection: Object to how we process your data in certain circumstances
• Portability: Request your data in a portable format

To exercise any of these rights, email us at info@ajomoney.ng. We will respond within 30 days.

8. Cookies

We use cookies to keep you logged in and to improve your experience on the platform. For full details, see our Cookie Policy.

9. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of material changes by email. Continued use of the platform after changes are posted means you accept the updated policy.

10. Contact

For any privacy-related questions or concerns, contact our Data Protection Officer at info@ajomoney.ng.