Privacy Policy (NDPA-Compliant)

Last Updated: Monday, 24th November, 2025

Savvy Bee (“Savvy Bee”, “we”, “our”, “us”) is committed to protecting your privacy and ensuring that your personal data is handled in accordance with the Nigeria Data Protection Act (NDPA) 2023, the NDPR 2019, and other applicable laws.

This Privacy Policy explains how we collect, use, store, share, and protect your personal information when you use our website, mobile services, and financial tools. By accessing or using our platform, you consent to the practices described in this Privacy Policy.

1. The Data We Collect

A. Information You Provide Directly

Full name
Email address
Phone number
Password or authentication details
Financial goals, budgets, and savings preferences
KYC information (when onboarding begins)
Communication history

B. Automatically Collected Data

IP address
Device information
Browser type
Usage data and interaction logs
Cookies and tracking data
Location data (where enabled)

C. Financial & Transaction Data (Future App Version)

Spending patterns
Savings behavior
Linked accounts or integrations
Third-party transaction metadata

2. How We Use Your Data

Savvy Bee processes your data for the following purposes:

To create and manage your account
To provide financial advisory tools and dashboards
To personalize your user experience
To improve product performance
To communicate updates, newsletters, and feature announcements
To conduct analytics and product research
To comply with regulatory requirements
To detect, prevent, and respond to fraud or security incidents

3. Lawful Basis for Processing

We rely on the following legal bases:

Consent — newsletters, waitlist subscription, and marketing
Contractual necessity — delivering services you sign up for
Legitimate interest — product analytics and fraud monitoring
Legal obligation — KYC, regulatory reporting, financial compliance

4. Cookies & Tracking

Savvy Bee uses cookies and similar technologies to:

Authenticate sessions
Analyze traffic
Improve user experience

You may control cookies through your browser settings.

5. Data Sharing & Third Parties

We may share your data with trusted service providers such as:

Cloud hosting providers
Payment/financial partners
Analytics platforms
Email/CRM tools
Compliance partners (DPCO, regulators)

All third parties are bound by NDPA-compliant Data Processing Agreements (DPAs). We do not sell personal data.

6. Cross-Border Data Transfers

Some service providers may be located outside Nigeria. Where this occurs, we ensure:

Adequacy assessments
Contractual safeguards
Compliance with NDPA Section 41

7. Data Retention

We retain your data only as long as:

Necessary to provide our services
Required by law (financial records, KYC, audits)
Needed to resolve disputes or enforce agreements

Retention timelines will be outlined in our Data Retention Policy.

8. Your Rights Under NDPA

You have the right to:

Access your personal data
Request correction
Request deletion
Withdraw consent
Object to processing
Request data portability
Submit complaints

To exercise these rights, email: support@mysavvybee.com

9. Security Measures

Savvy Bee uses administrative, technical, and organizational measures including:

Encryption
Access controls
Secure cloud infrastructure
Monitoring and logging
Regular security reviews

However, no system is 100% secure.

10. Data Breach Management

In the event of a breach:

We will notify you promptly
We will notify the Nigeria Data Protection Commission (NDPC)
We will take immediate corrective actions

11. Children’s Privacy

Savvy Bee does not knowingly collect data from individuals under 18 unless legally authorized.

12. Changes to This Policy

We may update this policy periodically. Changes will be posted with a new effective date.

13. Contact Information

For questions or concerns: hello@mysavvybee.com

14. Data Protection Officer

Mustapha Rafindadi Mustapha.rafindadi@byteflow.com.ng Phone: 09032083063