Effective Date: Monday, April 21, 2025

PiggyBank Inc. (“PiggyBank,” “we,” “our,” or “us”) respects your privacy and is committed to protecting your personal information. This Privacy Policy describes how we collect, use, share, and protect information when you use our website (www.usepiggybank.com), mobile app, and related services (“Services”).

By using our Services, you agree to the terms of this Privacy Policy.

1. Information We Collect

a. Information You Provide

• Personal Information: Name, email address, phone number, date of birth, and other identifying information.

• Gifting Details: Recipient contact info, messages, gift notes.

• Account Setup Info: Required to create or fund an account (e.g., KYC/AML info for brokerage onboarding).

b. Financial Information

• We use Plaid to securely link your bank account. We do not store your banking credentials.

• Payment and transaction information related to stock gifting.

c. Automatically Collected Data

We may automatically collect certain data, including:

• Device type, browser, IP address

• Usage data (pages viewed, clicks, timestamps)

• Cookies and similar technologies

2. How We Use Your Information

We use your information to:

• Facilitate account creation and logins

• Enable stock gifting and redemption

• Comply with legal, regulatory, and compliance requirements (e.g., KYC, AML)

• Communicate with you about your gifts or account

• Improve and personalize your experience

• Prevent fraud or misuse of the platform

3. How We Share Your Information

We may share your information with:

• Brokerage partner (Alpaca) for account creation and stock transactions

• Plaid for secure bank linking and transfers

• SMS/email service providers for gift delivery and notifications

• Compliance partners for regulatory purposes

• Legal authorities when required by law or to enforce our policies

  
  

We do not sell your personal data to third parties.

4. Third-Party Services

We integrate with trusted third parties like Alpaca and Plaid. Your use of those services is subject to their privacy policies:

• Plaid Privacy Policy

• Alpaca Privacy Policy

5. Data Retention

We retain your information as long as necessary to:

• Provide the service

• Meet legal/regulatory requirements

• Resolve disputes and enforce our agreements

You may request data deletion by contacting us at info@usepiggybank.com

6. Your Rights

Depending on your location, you may have the right to:

• Access, correct, or delete your personal data

• Object to certain data uses

• Withdraw consent

• File a complaint with a regulatory authority

To exercise your rights, contact us at info@usepiggybank.com.

7. Children’s Privacy

PiggyBank is not intended for children under 13. We do not knowingly collect personal information from children without verified parental consent.

8. Security

We implement technical, administrative, and physical safeguards to protect your data. This includes secure encryption, access controls, and regular audits.

However, no system is completely secure, and we cannot guarantee absolute security.

9. International Users

PiggyBank is based in the U.S. and governed by U.S. law. If you are accessing the service from outside the U.S., you consent to transferring your data to the United States.

10. Changes to This Policy

We may update this Privacy Policy occasionally. Changes will be posted on this page with an updated “Effective Date.” Continued use of our Services means you accept the changes.

11. Contact Us

If you have questions about this Privacy Policy, reach out to us:

📧 info@usepiggybank.com