Privacy Policy
Last updated: April 2026
1. Who We Are
MonetaFide is a money transfer service operated by Teknewlogy Inc. We enable users to send money from the United States to Nigeria. We are not a bank and are not FDIC insured.
2. Information We Collect
We collect information you provide when creating an account or sending a transfer, including your name, email address, phone number, payment information, and recipient details. We also collect usage data, device information, and cookies.
3. How We Use Your Information
We use your information to process transfers, verify your identity, prevent fraud, comply with legal obligations, improve our services, and communicate with you about your account and transfers.
4. How We Share Your Information
We share your information with payment processors (Stripe, Flutterwave), identity verification providers, regulatory authorities as required by law, and service providers who help us operate our platform. We never sell your personal data.
5. Data Security
We use 256-bit SSL encryption to protect your data in transit. We follow industry-standard security practices to protect your information at rest. However, no method of transmission over the internet is 100% secure.
6. Your Rights
You have the right to access, correct, or delete your personal information. You may also request a copy of your data or withdraw consent at any time by contacting us at privacy@monetafide.com.
7. Cookies
We use cookies and similar technologies to improve your experience, analyze usage, and personalize content. You can control cookies through your browser settings or our cookie consent tool.
8. Contact Us
For privacy-related questions, contact us at privacy@monetafide.com or write to: MonetaFide, c/o Teknewlogy Inc., United States.