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Privacy Policy

Effective Date: [05.05.2025]

KronMoney (“we,” “our,” or “us”) is committed to protecting your privacy. This Privacy Policy outlines how we collect, use, disclose, and safeguard your information when you use our platform and services, including our website and mobile applications (collectively, the “Services”).

By accessing or using KronMoney, you agree to this Privacy Policy. If you do not agree, please do not use our Services.


1. Information We Collect

We may collect and process the following types of personal data:

a. Personal Identification Information

Full name

Email address

Phone number

Date of birth

Government-issued ID (for KYC)

b. Financial Information

Bank account details

Transaction history

Payment methods

Wallet balances

c. Technical Information

IP address

Device information

Browser type

Operating system

Usage data (pages visited, session time)

d. Location Data

Based on your IP address or GPS (when permitted)


2. How We Use Your Information

We use the collected data for the following purposes:

To verify your identity and comply with KYC/AML regulations

To process and complete financial transactions

To provide, operate, and maintain our services

To send updates, security alerts, and support messages

To personalize your experience

To comply with legal obligations

To detect and prevent fraud and abuse


3. Legal Basis for Processing

We process your personal data under the following legal bases:

Performance of a contract

Legal obligations

Legitimate interests

Consent (for marketing or optional data)


4. How We Share Your Data

We do not sell your personal data. However, we may share your information with:

Service providers (e.g., cloud storage, payment gateways, identity verification providers)

Regulatory or law enforcement agencies (if legally required)

Business partners (only with your consent)

Analytics and advertising providers (with consent)

All third parties are bound by confidentiality and data protection obligations.


5. Cookies and Tracking Technologies

We use cookies and similar technologies to track user behavior, improve site functionality, and personalize content. For details, refer to our Cookie Policy.


6. Data Retention

We retain your data only as long as necessary for the purposes outlined in this policy, or to comply with legal obligations.


7. Your Rights (under GDPR)

If you are located in the EEA or UK, you have the right to:

Access the personal data we hold about you

Request correction or deletion of your data

Object to or restrict certain processing activities

Withdraw consent (where applicable)

Request data portability

Lodge a complaint with your local Data Protection Authority

To exercise your rights, contact us at: privacy@kronmoney.com


8. Data Security

We implement strong encryption, multi-factor authentication, and regular audits to protect your data. However, no online service is 100% secure.


9. International Data Transfers

We may transfer your data outside the EEA/UK where necessary. In such cases, we ensure safeguards such as Standard Contractual Clauses are in place.


10. Children’s Privacy

KronMoney is not intended for children under 18. We do not knowingly collect data from minors.


11. Changes to This Policy

We may update this Privacy Policy periodically. We will notify you of significant changes via email or prominent notice on the site.


12. Contact Us

KronWell Group LLC
Email: privacy@kronmoney.com