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Privacy Policy

Last updated: May 2026

1. Introduction

MoniMata ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application and website (collectively, the "Service").

2. Information We Collect

Personal Information

When you create an account, we may collect:

  • Name and email address
  • Phone number
  • Date of birth
  • Educational institution (optional)

Financial Information

To provide our budgeting services, we may collect:

  • Income information you manually provide
  • Spending categories and amounts you log
  • Savings goals you set

We do not collect bank account numbers, passwords, or credit/debit card details. MoniMata is a budgeting and tracking tool, not a payment processor.

Usage Data

We automatically collect certain information about your device and usage, including:

  • Device type and operating system
  • App usage patterns and feature interactions
  • Crash reports and performance data

3. How We Use Your Information

We use the collected information to:

  • Provide and maintain the Service
  • Personalize your budgeting experience
  • Send smart nudges and spending alerts
  • Power gamification features (points, badges, leaderboards)
  • Improve our app and develop new features
  • Communicate important updates and announcements

4. Data Sharing

We do not sell your personal information. We may share data only with:

  • Service providers who assist in operating the app (hosting, analytics)
  • Legal authorities when required by law

5. Data Security

We implement industry-standard security measures including encryption in transit and at rest, secure authentication, and regular security audits. However, no method of electronic storage is 100% secure.

6. Your Rights

You have the right to:

  • Access and download your data
  • Correct inaccurate information
  • Delete your account and associated data
  • Opt out of non-essential communications

7. Children's Privacy

MoniMata is designed for users aged 16 and above. We do not knowingly collect information from children under 16.

8. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes through the app or via email.

9. Contact Us

If you have questions about this Privacy Policy, contact us at:

Email: privacy@monimata.ng