Privacy Policy

1. Scope of This Privacy Policy

This Privacy Policy applies to:

• The Enaqd website (https://startup.enaqd.exchange)
• The Enaqd mobile application (including expense-sharing and non-custodial features)

Enaqd acts as a technology platform only and does not provide banking, custodial, or regulated financial services.

2. Information We Collect

We collect only the minimum information necessary to operate and improve our Services.

2.1 Information You Provide

• Name or display name
• Email address
• Account login credentials
• App preferences and settings
• Expense-related data entered by you (for split/expense tracking features)

2.2 Automatically Collected Information

• Device information (model, OS version)
• App usage data (screens viewed, actions taken)
• Approximate location (country/region level)
• Log and diagnostic data (crash reports, performance metrics)

3. Information We Do NOT Collect

To avoid any ambiguity:

• We do not collect bank account details
• We do not collect card numbers
• We do not process or store financial transactions
• We do not hold user funds
• We do not act as a custodian or payment processor

Any financial activity is performed outside Enaqd via third-party services chosen independently by the user.

4. How We Use Information

We use collected information to:

• Provide and operate the Services
• Enable expense tracking and group features
• Improve app performance and user experience
• Display ads (for free users)
• Manage subscriptions (ad-free experience)
• Communicate important updates or support responses
• Ensure security and prevent misuse

5. Advertising & Monetization

Enaqd uses third-party advertising services to support free usage of the app.

Advertising Partners

• Google AdMob (or equivalent compliant ad networks)

Advertising partners may collect:

• Advertising identifiers
• Device and usage data
• Aggregated, non-personal analytics

Users who subscribe to a paid plan will receive a completely ad-free experience.

6. Analytics

We may use analytics tools (such as Google Analytics for Firebase) to understand how users interact with the app.

Analytics data is:

• Aggregated
• Used only for product improvement
• Not used to identify individuals directly

7. Data Sharing

We do not sell personal data.

We may share limited data only with:

• Cloud infrastructure providers
• Analytics providers
• Advertising partners (for ad delivery)
• Legal or regulatory authorities if required by law

All partners are required to follow strict confidentiality and data protection standards.

8. Data Storage & Security

• Data is stored on secure servers
• Reasonable technical and organizational safeguards are applied
• Access is restricted to authorized personnel only

Despite safeguards, no system is 100% secure. Users are encouraged to protect their account credentials.

9. User Rights

Depending on your location, you may have rights to:

• Access your data
• Correct inaccurate information
• Request deletion of your account and data
• Withdraw consent for certain data uses

Requests can be submitted via our contact details below.

10. Children’s Privacy

Enaqd is not intended for users under the age of 18.

We do not knowingly collect data from minors.

11. International Use

Enaqd may be accessed globally. By using the Services, you acknowledge that your data may be processed in jurisdictions outside your country, subject to applicable laws.

12. Changes to This Policy

We may update this Privacy Policy from time to time.

Material changes will be communicated through the app or website.

13. Contact Us

If you have questions or requests related to privacy, please contact: