PRIVACY POLICY FOR MOBILE APPLICATION “BoroBit Finance”
Last updated: July 23, 2023
This privacy policy governs your use of the software application “BoroBit Finance” (later referred as the/this Application) for Android mobile devices that was created by Inabit Ltd company.
The Application is an advanced wealth management mobile app available on Android devices. With this powerful tool, users can effortlessly handle their personal, family, and business finances, as well as optimize their investments.
What information does the Application obtain and how is it used?
User Provided Information
The Application solely utilizes the user’s provided email, which is collected during the registration process. Additionally, with explicit consent in accordance with the Payment Services Directive 2 legislation in the European Union, the application accesses information related to the user’s bank accounts. Rest assured, we prioritize data privacy and adhere to all applicable regulations to safeguard our users’ sensitive financial information.
Of course! Here’s the translated text for point 10 in English:
Use of Facebook Graph API
We utilize the Facebook Graph API to allow users to log into our application using their Facebook account. During this process, we retrieve the following information from your Facebook data:
Email Address: We use your email address to identify you in our system and to facilitate the login process.
Public Profile Picture: We utilize your public profile picture to display it within the user interface of our application, providing a more personalized user experience.
We do not store this information longer than necessary and do not share it with third parties. Should you decide at any time to revoke our application’s access to your Facebook account, you can do so from your Facebook account settings.
We value and respect your personal information and take all necessary precautions to ensure its security.
Automatically Collected Information
In addition, the Application may collect certain information automatically, including, but not limited to, the type of mobile device you use, your mobile devices unique device ID, the IP address of your mobile device, your mobile operating system, and information about the way you use the Application.
Does the Application collect precise real time location information of the device?
The Application does not collect location information.
Do third parties see and/or have access to information obtained by the Application?
The Application does not share any information automatically with third parties.
What are my opt-out rights?
You can stop all collection of information by the Application easily by uninstalling the Application. You may use the standard uninstall processes as may be available as part of your mobile device or via the mobile application marketplace or network. You can also request to opt-out via email, at info@inabit.eu
Data Retention Policy, Managing Your Information
We value your privacy and handle data retention with utmost care. User Provided data will be stored as long as you actively use the Application and for a reasonable duration thereafter. Automatically Collected information will be retained for up to 24 months and may then be stored in an aggregated format.
When it comes to information about the user’s bank accounts, we strictly adhere to the period provided by the user. Once this period expires, or if the user does not set a new one, all bank information is promptly deleted.
If you wish to have any User Provided Data you have shared via the Application deleted, please reach out to us at info@inabit.eu, and we’ll respond to your request in a timely manner. Rest assured, we are committed to respecting your privacy preferences and ensuring the secure management of your data.
Children
Our Application does not address anyone under the age of 13. We do not knowingly collect personally identifiable information from anyone under the age of 13. We do not use the Application to knowingly solicit data from or market to children under the age of 13.
Security
We are concerned about safeguarding the confidentiality of your information. We provide physical, electronic, and procedural safeguards to protect information we process and maintain. For example, we limit access to this information to authorized employees and contractors who need to know that information in order to operate, develop or improve our Application. Please be aware that, although we endeavor provide reasonable security for information we process and maintain, no security system can prevent all potential security breaches.
Changes
We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page. We will let you know via email and/or a prominent notice on our Service, prior to the change becoming effective and update the date at the top of this Privacy Policy. You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.
Cookies
Cookies are files with a small amount of data that are commonly used as anonymous unique identifiers. These are sent to your browser from the websites that you visit and are stored on your device’s internal memory. This Service does not use these Cookies explicitly. However, the app may use third-party code and libraries that use Cookies to collect information and improve their services. You have the option to either accept or refuse these cookies and know when a cookie is being sent to your device.
Your Consent
By using the Application, you are consenting to our processing of your information as set forth in this Privacy Policy now and as amended by us. Processing means using cookies on a computer/hand held device or using or touching information in any way, including, but not limited to, collecting, storing, deleting, using, combining and disclosing information.
Contact Us
If you have any questions regarding privacy while using the Application, or have questions about our practices, please contact us via email at info@inabit.eu.