Bankit's Commitment to Privacy, Security, and Data Protection

In today's digital-first world, trust is everything — especially when it comes to financial services. At Bankit, protecting your personal and financial information is not just a regulatory obligation; it is a core part of our promise to you.

As a fintech platform built by Nigerians, for Nigerians, Bankit is designed around simplicity, security, and transparency. Your data privacy matters to us, and we take deliberate steps to ensure your information is handled responsibly, securely, and in line with global best practices.

Why Privacy Matters at Bankit

Every time you fund your account, pay bills, transfer money, or interact with our platform, you trust us with sensitive information. We understand that this trust must be earned and protected.

That is why Bankit prioritises:

• Data confidentiality

• Secure system architecture

• Ethical data usage

• Compliance with applicable data protection laws

Our approach to privacy is guided by a simple principle: Your data belongs to you. We only use it to serve you better.

What Information Bankit Collects — and Why

To deliver seamless, secure, and reliable financial services, Bankit may collect certain information, including:

• Personal identification details (to meet regulatory and KYC requirements)

• Transaction and usage data (to process payments and prevent fraud)

• Device and technical data (to improve performance and security)

This information helps us:

• Keep your account secure

• Prevent fraud and unauthorised access

• Improve app performance and user experience

• Deliver relevant features, rewards, and services

We do not sell your data, and we do not use it beyond its intended purpose.

How Bankit Protects Your Data

Security is built into Bankit's infrastructure from the ground up. Our platform is supported by:

Advanced Encryption — Your data is protected using industry-standard encryption during transmission and storage.

Robust Security Architecture — We continuously strengthen our systems to guard against unauthorised access, breaches, and misuse.

Continuous Monitoring — Our systems are actively monitored to detect suspicious activity and respond swiftly.

Compliance & Governance — Bankit aligns with relevant data protection regulations and internal governance standards to ensure accountability and transparency.

Transparency & Customer Control

We believe customers should always understand how their data is used. Bankit is committed to:

• Clear communication around data practices

• Giving users control over their information where applicable

• Regular reviews of our privacy and security processes

If we make updates to our privacy practices, we ensure they are communicated clearly and responsibly.

Privacy as a Foundation for Innovation

As Bankit continues to scale — with upcoming features such as cards, enhanced rewards, referral programmes, and integrations with key partners — privacy and security remain non-negotiable.

Innovation at Bankit is always balanced with responsibility. Every new feature is developed with data protection and customer trust at the centre.

Our Promise to You

When you choose Bankit, you are choosing a platform that:

• Respects your privacy

• Protects your data

• Operates transparently

• Continuously invests in security

Your trust drives everything we build.

Banking Built on Trust — The Bankit Way

At Bankit, privacy is not just a policy. It is a commitment.

As we grow into 2026 and beyond, we remain focused on delivering secure, simple, and rewarding banking experiences — without compromising on what matters most: your trust.

Experience banking built on security, transparency, and trust. Choose Bankit.