1. Introduction

Bancaro LLC ("Bancaro," "we," "our," or "us") respects your privacy and is committed to protecting your personal information. This Privacy Policy explains how we collect, use, share, and protect your information when you use our mobile application, website, and services (collectively, the "Services").

Bancaro is a financial technology platform. Banking services are provided by our partner financial institutions.

By using Bancaro, you agree to this Privacy Policy.

2. Information We Collect

A. Personal Information

We may collect:

• Full name
• Email address
• Phone number
• Date of birth
• Government-issued identification
• Social Security Number (or partial SSN)
• Residential address

B. Financial Information

We may collect:

• Bank account details
• Transaction history
• Income and payment data
• Linked financial accounts

C. Device & Usage Information

We may collect:

• IP address
• Device type and operating system
• App usage activity
• Log data and analytics

D. Information from Third Parties

We may receive data from:

• Payment processors (e.g., Stripe)
• Financial data providers (e.g., Plaid)
• Identity verification services

3. How We Use Your Information

We use your information to:

• Provide and operate Bancaro Services
• Verify your identity (KYC compliance)
• Process transactions
• Generate financial insights and analytics
• Improve our platform and user experience
• Detect and prevent fraud or illegal activity
• Comply with legal and regulatory requirements

4. How We Share Your Information

We may share your information with:

A. Partner Banks

To provide banking services such as account holding and card issuance.

B. BaaS Providers

Including providers like Unit to enable:

• Account creation
• Payments processing
• Compliance systems

C. Service Providers

Third parties that help us operate, including:

• Hosting providers
• Analytics services
• Customer support tools

D. Legal and Regulatory Authorities

When required to:

• Comply with laws
• Respond to legal requests
• Prevent fraud or illegal activity

5. Data Security

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

• Encryption
• Secure servers
• Access controls

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

6. Data Retention

We retain your information:

• As long as your account is active
• As necessary to comply with legal obligations
• For fraud prevention and dispute resolution

7. Your Rights and Choices

You may:

• Access and update your personal information
• Request deletion of your data (subject to legal requirements)
• Opt out of certain communications

Some data may be retained as required by law.

8. Cookies and Tracking Technologies

We may use cookies and similar technologies to:

• Improve user experience
• Analyze usage patterns
• Personalize content

You can manage cookie preferences through your browser settings.

9. Third-Party Services

Bancaro integrates with third-party platforms. We are not responsible for the privacy practices of those services.

10. Children's Privacy

Bancaro is not intended for individuals under 18. We do not knowingly collect data from minors.

11. International Users

Bancaro is intended for use in the United States. If you access the Services from outside the U.S., you consent to the transfer and processing of your data in the United States.

12. Changes to This Policy

We may update this Privacy Policy from time to time. Continued use of the Services constitutes acceptance of any updates.

13. Contact Information

Bancaro LLC
27371 Patriot Dr.
Salisbury, MD 21801

Info@bancaro.com

14. Acknowledgment

By using Bancaro, you acknowledge that:

• Your data may be shared with partner banks and service providers
• Bancaro operates as a financial technology platform
• You agree to this Privacy Policy in full

Last Updated: 05/20/2026