Introduction
Knooty ("we," "our," or "us") is committed to protecting the privacy of our users, especially children. This Privacy Policy explains how we collect, use, and safeguard information when you use our mobile application.
Information We Collect
Authentication Information
- Phone Number: Used for parent account authentication via Firebase Authentication
- Display Name: Child's first name for personalization
Usage Data
- Trading Activity: Stock trades, portfolio holdings, and transaction history
- Learning Progress: Completed lessons and achievements
- Account Balance: Virtual money balance (no real currency involved)
Automatically Collected Information
- Device Information: Device type, operating system version
- App Usage: Features accessed, time spent in app
- Error Logs: Technical data for debugging and improving the app
How We Use Your Information
We use the collected information to:
- Authenticate parent accounts securely
- Provide personalized educational content
- Track portfolio performance and learning progress
- Improve app functionality and user experience
- Provide customer support
Data Storage and Security
- Firebase: All data is stored securely using Firebase (Google Cloud)
- Encryption: Data is encrypted in transit and at rest
- No Real Money: The app uses virtual currency only - no real financial transactions
- Limited Access: Only authenticated parents can access child accounts
Children's Privacy
Knooty is designed for children ages 5-18 under parental supervision:
- Parental Control: Parents create and manage all child accounts
- Minimal Data: We collect only essential information (first name, age)
- No Email Required: Children do not provide email addresses
- No Marketing: We do not market to children
- COPPA Compliance: We comply with Children's Online Privacy Protection Act
Important: All trading in Knooty uses virtual currency only. No real money is involved. This is an educational tool designed to teach financial literacy.
Third-Party Services
We use the following third-party services:
- Firebase (Google): Authentication and database
These services have their own privacy policies. We recommend reviewing them.
Data Sharing
We do NOT:
- Sell or rent your personal information
- Share data with advertisers
- Use data for marketing purposes
- Share child data with third parties
We may share data only:
- With your explicit consent
- To comply with legal obligations
- To protect safety and security
Your Rights
You have the right to:
- Access your data
- Request data deletion
- Update or correct information
- Withdraw consent
- Export your data
Data Retention
- Active Accounts: Data retained as long as account is active
- Deleted Accounts: Data permanently deleted within 30 days
- Backups: May persist in backups for up to 90 days
Changes to This Policy
We may update this Privacy Policy periodically. We will notify users of material changes via the app or email.
Consent
By using Knooty, you consent to this Privacy Policy.