Dara Money: Privacy Policy
Last updated: July 24, 2026
Draft, pending legal review. This document is a working draft for review and does not constitute legal advice.
This Privacy Policy explains how Dara Finance Inc. ("Dara") handles personal data when you use Dara Money. It covers what we collect, why, who we share it with, and your rights.
It should be read alongside our Cookie Policy, which explains the cookies and similar technologies we use on getdara.app.
Data we collect
Identity and verification data (name, date of birth, government ID, proof of address); contact details; transaction and payment data; device, log, and usage data; and communications with us.
Where you use Circles, we also process limited information about the family members you share money with, which you are responsible for having the right to provide.
How we collect it
We collect data directly from you when you register, verify your identity, and use the service; automatically from your device and interactions with the app and site; and from partners and verification providers who help us confirm your identity and process transactions.
Why we use it and our legal bases
To open and operate your account, execute and settle transfers, meet legal and anti-money-laundering obligations, prevent fraud, provide support, and improve the product.
We process data to perform our contract with you, to comply with legal obligations, for our legitimate interests in running and securing the service, and with your consent where required (for example, certain analytics).
Sharing and subprocessors
We share data with the partners who deliver the service: corridor and settlement partners (Nomba, Nuvion, and Bridge by Stripe), and our product analytics provider (PostHog). We also share data with regulators and law enforcement where legally required.
These providers may process your data only on our instructions or as needed to deliver their service, subject to appropriate agreements. We do not sell your personal data.
International transfers
Because Dara operates between the US and Africa, your data may be transferred and processed across borders. We rely on appropriate safeguards for such transfers as required by applicable law.
Where required, we put contractual and technical protections in place so that transferred data continues to be protected.
Data retention
We keep personal data for as long as your account is active and for the period afterwards required by financial-services and anti-money-laundering law.
When data is no longer needed for these purposes, we delete it or anonymise it.
Security
We use technical and organisational measures to protect personal data, including access controls and encryption in transit. No system is perfectly secure, so we cannot guarantee absolute security.
Your rights and how to exercise them
Subject to applicable law, you may request access to, correction of, or deletion of your data, and object to or restrict certain processing. You may also withdraw consent where processing is based on consent.
To exercise your rights, contact hello@getdara.app. We may need to verify your identity before acting on a request, and some data must be retained to meet legal obligations.
Children's data
Dara Money is intended for adults and is not directed at children. We do not knowingly collect data from children; if we learn we have, we will delete it.
Changes to this policy
We may update this Privacy Policy. We will note the effective date and, where changes are material, provide additional notice.
Contact
Privacy questions: hello@getdara.app. Controller: Dara Finance Inc., 3232 McKinney Ave, Dallas, Texas 75204, United States.