Privacy Policy

At Akawo, we prioritize the security and privacy of your financial data. This policy outlines how we collect, use, and protect your information when you use our savings platform.

1. Information We Collect

• Personal Identity: We collect your name and phone number to identify your account and process referrals.
• Financial Information: We collect bank account details and BVN (where required by payment partners) solely for processing your payouts and verifying your identity.
• Transaction Data: We maintain records of your daily deposits, savings progress, and withdrawal history to manage your targets.

2. How We Use Your Data

Your data is used specifically to:

• Maintain your savings goals and enforce the lock periods you choose.
• Process secure payments through our integrated payment gateways.
• Calculate and credit referral bonuses to your dashboard.
• Send important notifications regarding your savings milestones and security alerts.

3. Data Sharing & Third Parties

We do not sell your personal information. We only share data with licensed financial processors and payment gateways to facilitate your deposits and withdrawals. These partners are required to maintain the same level of security as Akawo.

4. Data Security

We employ bank-grade encryption and secure server protocols to ensure your information is protected from unauthorized access. Your password is encrypted using industry-standard hashing algorithms.

5. Your Rights

You have the right to access your transaction history at any time via your dashboard. To update your bank details or request account closure, please use the settings in your profile or contact our support team.