Legal · Last updated August 27, 2024
Privacy policy.
ClassFundz is committed to protecting your privacy. This policy explains how we collect, use, disclose and protect your personal information when you use classfundz.com and related services.
Introduction
By using our Services, you agree to the collection and use of your information in accordance with this Privacy Policy. If you do not agree, please do not use the Services.
Information we collect
Personal information
When you create an account, we collect your First Name, Last Name, Middle Name, Email, Password (hashed), University, Faculty, Department and WhatsApp number. You may also upload a passport photo and a means of identification (e.g. a screenshot of your student portal).
Transactional information
We collect information about financial transactions conducted through ClassFundz, including your unique personal account number, payment details and transaction history. Payments are processed by Paystack and Flutterwave. We do not store your payment card information on our servers.
Cookies and tracking
We use cookies and similar technologies to recognize you when you return, remember your preferences and help us improve the Services. You can manage cookie preferences through your browser settings.
How we use your information
To provide and improve the services
We use your information to create and manage your account, process your transactions, and provide access to the Services. We also analyze usage data to identify areas for improvement.
To communicate with you
We use your information to contact you about your account, transactions, and the Services. We may send promotional messages subject to your preferences and applicable laws.
To ensure security and compliance
We use your information to protect the security and integrity of the Services, prevent fraud and comply with legal obligations. This includes verifying your identity, monitoring for suspicious activity, and enforcing our Terms.
To personalize your experience
We use your information to personalize your experience — recommending features and content that may be relevant to you.
To conduct research and analytics
We analyze usage patterns, trends and preferences to better understand our users and improve the Services.
How we share your information
Service providers
We share information with third-party service providers that help us run the Services — including Paystack and Flutterwave (payment processing) and Cloudinary (file storage).
Business partners
We may share information with partners who offer products or services that may be of interest to you, only with your consent or when necessary to fulfill a request you've made.
Legal and regulatory
We may disclose information to law enforcement, government agencies or regulators if required by law, or where we believe disclosure is necessary to protect our rights or the safety of others.
Business transfers
In the event of a merger, acquisition, reorganization, sale of assets or bankruptcy, your information may be transferred as part of that transaction. We will notify you and provide options.
With your consent
We may share your information with other third parties where you have provided consent.
How we protect your information
Data security
We implement technical and organizational measures to protect your information from unauthorized access, loss, misuse, alteration or disclosure — including encryption, access controls and regular security assessments. No method of transmission over the internet is completely secure; we cannot guarantee absolute security.
Data retention
We retain your information for as long as necessary to fulfill the purposes for which it was collected, or as required by law. When information is no longer needed, we securely delete or anonymize it.
Your rights and choices
Access and correction
You can access and correct your personal information from your account profile at any time. If you need assistance, contact us using the details below.
Data portability
You may request a copy of your personal information in a structured, commonly used and machine-readable format, and ask us to transmit it to another service provider.
Right to erasure
You may request that we delete your personal information. We will take reasonable steps to do so unless we are required to retain it for legal or regulatory purposes.
Right to object and restrict processing
You may object to or restrict our processing of your information under certain circumstances.
Marketing opt-out
You may opt out of promotional messages using the unsubscribe link or by contacting us. Even if you opt out, we may still send you non-promotional messages about your account or transactions.
Cookie preferences
You can manage cookie preferences through your browser settings. Disabling cookies may affect certain features.
International data transfers
Your information may be transferred to, stored and processed in countries other than your country of residence, including Nigeria, where our servers and central database are located. By using the Services you consent to these transfers, including where data-protection laws may differ from those in your country.
Children's privacy
Our Services are not intended for individuals under the age of 12. We do not knowingly collect personal information from individuals under 12. If we become aware that we have collected information from someone under 12, we will take steps to delete it as soon as possible.
Changes to this policy
We may update this Privacy Policy from time to time in response to changing legal, technical or business developments. When we update it we will take appropriate measures to inform you consistent with the significance of the changes, and obtain your consent where required by applicable law.