We are committed to protecting your privacy and financial data.
When you register, we collect your username (Telegram handle), email address, and a securely hashed version of your PIN. We never store your raw PIN in any readable form.
We record all transfers, deposits, withdrawals, and investment activities to provide accurate account statements and to comply with applicable financial regulations.
We collect device type, operating system version, and anonymised usage analytics (screen visits, feature usage frequency) to improve the app experience. We do not track you across other apps or services.
If you choose to sign in with Google, we receive only your display name and email address from Google. We do not access your Google contacts, Drive, calendar, or any other Google service data.
Payment processing is handled by Stripe. We do not store your full card numbers or bank account details on our servers. All payment data is handled directly by Stripe under their PCI-DSS compliance standards.
Your data is used to process transactions, display account balances, deliver the features you request, and maintain your account history.
We analyse transaction patterns to detect suspicious activity, prevent fraud, and protect your funds and account integrity.
We may send you transaction receipts, security alerts, and — with your explicit consent — product updates and promotional content. You can opt out of marketing communications at any time.
We may process your data to meet Know Your Customer (KYC), Anti-Money Laundering (AML), and other financial regulatory requirements applicable in your jurisdiction.
Anonymised, aggregated usage data helps us understand how features are used and where improvements are needed. This data cannot be used to identify individual users.
All data transmitted between your device and our servers is encrypted using TLS 1.3. All data stored at rest is encrypted using AES-256. Your PIN is hashed with bcrypt before storage and is never transmitted in plain text.
Only authorised MODANMIC personnel with a documented, legitimate business need can access user data. All access is logged, audited, and subject to strict internal policies.
In the event of a confirmed data breach affecting your personal information, we will notify you within 72 hours in accordance with applicable data protection regulations.
You are responsible for keeping your PIN confidential and your device secure. Never share your PIN with anyone. MODANMIC staff will never ask for your PIN.
You can request a complete copy of all personal data we hold about you at any time by contacting our support team. We will provide this within 30 days.
You can update your profile information directly in the app under Settings → Update Profile. For data you cannot update yourself, contact our support team.
You can request full deletion of your account and associated personal data. Note that some financial transaction records may be retained for up to 7 years to meet regulatory obligations, but your personal identifiers will be removed.
You can opt out of non-essential communications and marketing emails at any time by contacting modanmic5302023@gmail.com or using the unsubscribe link in any email we send.
If you believe your data rights have been violated, you may lodge a complaint with the relevant data protection authority in your country.
We retain your personal data for as long as your account is active or as needed to provide our services. If your account is inactive for 24 consecutive months, we will notify you before taking any action.
After account deletion is confirmed, most personal data is permanently deleted within 30 days. Financial transaction records required for regulatory compliance are retained in anonymised form for up to 7 years.
Deleted data may persist in encrypted backup systems for up to 90 days, after which it is permanently purged from all systems.
Our mobile app does not use browser cookies. We use secure device storage (AsyncStorage and SecureStore) to maintain your session and preferences on your device only.
We use anonymised analytics to understand app usage patterns. This data does not identify you personally and is aggregated across all users.
Our app integrates Firebase (Google) and Stripe SDKs. These may collect limited technical data as described in their respective privacy policies. We have configured these services to minimise data collection.
MODANMIC is a financial services application intended for users who are at least 18 years of age. We do not knowingly collect personal information from anyone under 18.
If we become aware that we have collected personal information from a person under 18 without verifiable parental consent, we will take immediate steps to delete that information and close the account.
You must be at least 18 years old and legally permitted to use financial services in your jurisdiction to create and maintain a MODANMIC account.
You are solely responsible for all activity that occurs under your account. You must keep your credentials confidential and notify us immediately of any unauthorised access or security breach.
You may not use MODANMIC for money laundering, terrorist financing, fraud, identity theft, market manipulation, or any other illegal activity. Violations result in immediate account termination and may be reported to appropriate authorities.
You agree to provide accurate, current, and complete information when creating your account and to update this information as necessary to keep it accurate.
MODANMIC is not liable for losses resulting from unauthorised account access caused by your failure to protect your PIN or device. We are also not liable for service interruptions due to circumstances beyond our reasonable control.
We reserve the right to modify, suspend, or discontinue any feature of MODANMIC with reasonable notice. Material changes will be communicated via in-app notification and/or email at least 14 days in advance.
We reserve the right to suspend or terminate your account if you violate these terms, engage in fraudulent activity, or pose a risk to other users or the platform. You may also close your account at any time through Settings.
These terms are governed by the laws of the Federal Republic of Nigeria. Any disputes shall be resolved through binding arbitration in accordance with applicable Nigerian law.
By creating an account or using the MODANMIC app, you acknowledge that you have read, understood, and agree to be bound by this Privacy Policy and Terms of Service. If you do not agree, please do not use our services.
Have questions about your privacy or our terms? Our team typically responds within 48 hours.