Privacy Policy

Last Updated: December 4, 2024

1. Information We Collect

Information You Provide

• Account Information: Name, email address, phone number, username, and profile photo when you create an account
• Identity Verification: Date of birth and government ID for age verification (21+ requirement)
• Financial Information: Payment method details (processed securely through third-party providers like Venmo and Cash App)
• Communications: Messages you send to other users or our support team
• User Content: Group names, transaction notes, and other content you create

Information Collected Automatically

• Location Data: With your permission, we collect location information to verify you are in a legal sports betting jurisdiction and to provide location-based features (CoverMe deposit promotions)
• Device Information: Device type, operating system, unique device identifiers, and app version
• Usage Data: How you interact with our app, features used, and transaction history
• Biometric Data: Face ID or Touch ID authentication data (stored only on your device, never transmitted to our servers)

Information from Third Parties

• Payment confirmation from Venmo, Cash App, or other payment providers
• Contact information if you choose to sync your contacts to find friends

2. How We Use Your Information

We use your information to:

• Provide, maintain, and improve our services
• Process transactions and send related notifications
• Verify your identity and age (21+ requirement for sports betting features)
• Verify your location is in a legal sports betting jurisdiction
• Communicate with you about your account, updates, and promotions
• Detect and prevent fraud, abuse, and security incidents
• Comply with legal obligations and regulatory requirements
• Provide customer support
• Analyze usage patterns to improve user experience

3. How We Share Your Information

We may share your information with:

• Other Users: Your username, profile photo, and transaction details with users you transact with or group members
• Service Providers: Third-party companies that help us operate our services (payment processors, cloud hosting, analytics)
• Partner Platforms: When you use CoverMe to deposit funds with partner sportsbooks or trading platforms, we share necessary information to facilitate the transaction
• Legal Requirements: When required by law, court order, or to protect our rights
• Business Transfers: In connection with a merger, acquisition, or sale of assets

4. Location Data

We request location permission to:

• Verify you are in a state where online sports betting is legal
• Provide CoverMe deposit promotions when you enter a new legal betting state
• Comply with state-by-state gambling regulations

You can disable location services at any time in your device settings, but some features may not work properly without location access.

5. Data Security

We implement industry-standard security measures to protect your information:

• 256-bit SSL/TLS encryption for all data transmission
• Secure cloud infrastructure (Supabase with enterprise-grade security)
• Face ID/Touch ID biometric authentication
• Regular security audits and penetration testing
• Employee access controls and training

6. Data Retention

We retain your information for as long as your account is active or as needed to provide services. We may retain certain information as required by law or for legitimate business purposes (such as fraud prevention and financial records).

7. Your Rights and Choices

You have the right to:

• Access: Request a copy of your personal data
• Correction: Update or correct inaccurate information
• Deletion: Request deletion of your account and personal data
• Portability: Receive your data in a portable format
• Opt-out: Unsubscribe from marketing communications
• Notifications: Manage push notification preferences in the app

To exercise these rights, contact us at privacy@bankroll.live.

8. Children's Privacy

Bankroll is not intended for users under 21 years of age. We do not knowingly collect personal information from anyone under 21. If we learn we have collected information from someone under 21, we will delete it immediately.

9. California Privacy Rights (CCPA)

California residents have additional rights under the California Consumer Privacy Act:

• Right to know what personal information we collect
• Right to delete personal information
• Right to opt-out of the sale of personal information (we do not sell your data)
• Right to non-discrimination for exercising your rights

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of significant changes through the app or by email. Your continued use of Bankroll after changes constitutes acceptance of the updated policy.

11. Contact Us

If you have questions about this Privacy Policy or our data practices, contact us at:

Hedge, Inc.
Email: privacy@bankroll.live
Support: support@bankroll.live