Effective Date: [July 23, 2025]

Monzi Technologies Ltd. (“Monzi”, “we”, “our”, or “us”) respects your privacy and is committed to protecting your personal information in accordance with applicable data protection laws, including the Nigerian Data Protection Act (NDPA) 2023. This Privacy Policy outlines how we collect, use, share, and protect your information when you access or use the Monzi mobile application, website, or related services (collectively, the “Services”).

By accessing or using Monzi, you agree to the practices described in this Privacy Policy. If you do not agree, please discontinue use of the Services immediately.

1. Information We Collect

We may collect the following categories of information:

1. Personal Information:
   • Full name, email address, phone number, and bank account details you provide.
   • Verification details (e.g., BVN, identification documents) where required by law.
2. Transactional Data:
   • Details of transfers, payments, and transactions initiated through Monzi.
   • Recipient and sender account details as provided or captured by you.
3. Device and Technical Data:
   • IP address, device identifiers, operating system, app usage, and performance metrics.
4. Optional Data:
   • Contacts or other information if you choose to sync them for transfers.

2. How We Use Your Information

Your data is used to:

• Facilitate and verify transfers and payments.
• Detect and prevent fraudulent or unlawful activity.
• Comply with regulatory and legal obligations.
• Communicate with you regarding your account, transactions, or service updates.