privacy policy
Effective Date: 20th February 2026
This is how we collect, use, store, disclose, and protect your personal
information when you access our website, mobile application, and services.
KoloSquare Ltd is committed to protecting the privacy and personal data of all users.
This Privacy Policy explains how we collect, use, store, disclose, and protect your
personal information when you access our website, mobile application, and services.
By using KoloSquare, you agree to the practices described in this Privacy Policy.
1. Information We Collect
We may collect the following categories of information:
a. Personal Identification Data
- Full name.
- Phone number.
- Email address.
- Date of birth.
- National Identification Number (where required).
b. Financial and Transaction Data
- Savings contributions.
- Group wallet activity.
- Payment settlement records.
- Investment participation history.
c. Technical Data
- Device identifiers.
- IP address.
- Browser type.
- App usage analytics.
- Login timestamps.
2. How We Use Your Information
We use your information to:
- Provide digital savings and cooperative finance services.
- Verify identity (KYC compliance).
- Prevent fraud and unauthorized access.
- Facilitate transactions through licensed partner banks.
- Improve platform security and user experience.
- Comply with regulatory obligations under Nigerian law.
3. Data Protection & NDPR Compliance
KoloSquare complies fully with the Nigeria Data Protection Regulation (NDPR) and global best
practices.
We implement:
- Encryption of sensitive data.
- Secure access controls.
- Role-based permissions.
- Regular cybersecurity audits.
4. Sharing of Information
We do not sell user data.
We may share data only with:
- Licensed partner financial institutions (for custody and settlement).
- Identity verification providers.
- Regulators where legally required.
- Authorized service providers under strict confidentiality.
5. Your Rights
You have the right to:
- Access your personal data.
- Request corrections.
- Withdraw consent where applicable.
- Request deletion (subject to regulatory retention rules).
6. Contact
For privacy concerns, contact:
privacy@kolosquare.com
