Privacy Policy for Savevest Limited
Last Updated: 1st January 2023
This Privacy Policy describes how Savevest Limited (“Savevest,” “we,” “us,” or “our”) collects, uses, discloses, and protects the personal information of users (“you” or “your”) when you use our online savings and investment platform and our fully functional mobile application (collectively referred to as the “Platform”).
- Information We Collect
1.1 Personal Information: When you register for an account on the Platform, we may collect personal information, including but not limited to your name, email address, phone number, date of birth, nationality, and residential address.
1.2 Financial Information: To facilitate savings and investment activities on the Platform, we may collect financial information such as your bank account details, credit or debit card information, and transaction history.
1.3 Device and Usage Information: We may collect information about the device you use to access the Platform, including your IP address, browser type, operating system, mobile network information, and interactions with the Platform, such as pages visited, features used, and actions taken.
1.4 Cookies and Similar Technologies: We may use cookies, web beacons, and similar technologies to collect information about your interactions with the Platform. This may include information about your browsing behavior, preferences, and usage patterns.
- Use of Personal Information
2.1 Providing Services: We use your personal information to provide you with access to the Platform, process your transactions, and fulfill your requests for savings and investment services. This includes opening and managing your account, executing transactions, and providing customer support.
2.2 Communication: We may use your personal information to communicate with you about your account, Platform updates, changes to our services, and other relevant information. These communications may be in the form of emails, push notifications, or SMS messages.
2.3 Personalization: We may analyze your personal information to personalize your experience on the Platform. This includes providing tailored recommendations, offers, and content based on your preferences, interests, and transaction history.
2.4 Research and Analytics: We may use aggregated and anonymized data for research and analytics purposes to improve the functionality, security, and performance of the Platform. This may involve analyzing usage patterns, identifying trends, and conducting statistical analysis.
2.5 Legal and Security Purposes: We may use your personal information to comply with applicable laws, regulations, or legal processes. Additionally, we may use your information to protect the rights, property, or safety of Savevest, our users, or others, and to detect, prevent, or investigate potential fraud, security breaches, or other prohibited activities.
- Information Sharing and Disclosure
3.1 Service Providers: We may share your personal information with trusted third-party service providers who assist us in operating, maintaining, and enhancing the Platform. These service providers are obligated to protect your information and only use it for the purposes specified by Savevest.
3.2 Business Transfers: In the event of a merger, acquisition, or sale of all or a portion of our assets, your personal information may be transferred as part of the transaction. We will ensure the protection of your information in such cases through appropriate contractual arrangements.
3.3 Legal Requirements: We may disclose your personal information if required to do so by law or in response to valid requests from government authorities, courts, or law enforcement agencies.
3.4 Consent: We may disclose your personal information to other third parties with your explicit consent.
- Data Security
4.1 We implement reasonable security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. However, please note that no method of transmission over the Internet or electronic storage is entirely secure, and we cannot guarantee absolute security.
4.2 If you have reason to believe that your interaction with us is no longer secure, please notify us immediately using the contact details provided at the end of this Privacy Policy.
- Your Choices and Rights
5.1 Account Information: You can access, review, and update your account information by logging into your account on the Platform. It is your responsibility to ensure that the information provided is accurate and up to date.
5.2 Communication Preferences: You can choose to opt out of receiving certain communications from us, such as marketing emails or push notifications. However, please note that we may still send you essential communications regarding your account or changes to our services.
5.3 Data Retention: We retain your personal information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, unless a longer retention period is required or permitted by law.
5.4 Legal Rights: Subject to applicable laws, you may have the right to access, rectify, or delete your personal information, as well as the right to restrict or object to certain processing activities. To exercise these rights or seek further information, please contact us using the details provided below.
- Third-Party Links and Services
The Platform may contain links to third-party websites or services that are not owned or controlled by Savevest. This Privacy Policy does not apply to such third-party practices. We recommend reviewing the privacy policies of these third parties before interacting with their websites or services.
- Updates to this Privacy Policy
We may update this Privacy Policy from time to time. The “Last Updated” date at the beginning of this document indicates when the latest changes were made. We encourage you to periodically review this Privacy Policy to stay informed about how we collect, use, disclose, and protect your personal information.
- Contact Us
If you have any questions, concerns, or feedback about this Privacy Policy or our privacy practices, please get in touch with us at:
Savevest Limited
Address: 2a, Lateef Jakande Road, Agidingbi, Ikeja, Lagos State.
Email: info@savevesting.com, savevestsavers@gmail.com
Phone: +2348125782220