Teenit B.V.
Privacy Policy

This policy is effective as of 1 September 2021.
Last updated: 10 June 2022
Last change:

This privacy policy will explain how our organization (Teenit B.V. KVK 82619077, Amsterdam, NL) uses the data we collect from you when you use our app Teenit (Android and iOS versions) and/or teenit.app website.

Your privacy is important to us. It is Teenit's policy to respect your privacy and comply with any applicable law and regulation regarding any personal information we may collect about you, including across our iOS and Android applications (Teenit) and website (https://www.teenit.app), and other solutions we may own and operate.

Personal information is any information about you which can be used to identify you. This includes information about you as a person (such as name, address, and date of birth), your devices, payment details, and even information about how you use a website or online service.

Our solutions are built around maximum privacy, meaning we choose not to store any data if it's not critical to delivering you the experience you expect from out solutions.
At this stage data we collect on Teenit Servers cannot be used to identify a person, i.e. data's context can only be understood once it is displayed in the app you have installed and authorized on your phone.

In the event our site contains links to third party sites and services, please be aware that those sites and services have their own privacy policies. After following a link to any third-party content, you should read their posted privacy policy information about how they collect and use personal information. This Privacy Policy does not apply to any of your activities after you leave our app or site.


What data do we collect?

For our money management features we use data provided by Tink (apps with version prior to 2.0.0.) and Nordigen (apps with version 2.0.0 or higher). Tink/Nordigen are gateway data providers for banks and financial institutions across Europe (e.g. Tikkie). As such they also have a status of Financial Institution and are goverened by the same licensing requirements as banks when dealing with customer data. When you start authorization process for data connection from your bank, you will be doing that securely via Tink's or Nordigen website and redirected to your bank to give authorization. Authorizations are valid for 90 days (unless revoked earlier) and need to be renewed. By default we only get access to your latest 90 days of data to bring you insights.
Our Company does not store any of your financial data on our servers and only enriches them on-the-fly with our proprietary algorithms, as the data passes to your phone. This way your data is always secure on a financial institution level.

Our Company collects the following data:

Via Teenit App

Via Teenit Website

How do we collect your data?

You directly provide Our Company with most of the data we collect. We collect data and process data when you:

Our Company may also receive your data indirectly from the external sources:

How will we use your data?

Our Company collects your data so that we can:

Our Company will NOT share your data with any partner companies so that they may offer you their products and services.

When You use Our Company's solution, we may send some of Your anonymous data to 3rd parties in order to fulfill the requests, namely:

How do we store your data?

Our Company securely stores your data at EU-based servers of Heroku/Salesforce and Redis Ltd..

Our Company will keep your data as long as you are actively using our solutions. Once you have deleted your account using our solution's Delete Account feature or by reaching out directly to us with request for deletion, we may keep the data for maximum 3 months due to security audit reasons only.

What are your data protection rights?

Our Company would like to make sure you are fully aware of all of your data protection rights. Every user is entitled to the following:

The right to access - You have the right to request Our Company for copies of your personal data. We may charge you a small fee for this service.

The right to rectification - You have the right to request that Our Company correct any information you believe is inaccurate. You also have the right to request Our Company to complete the information you believe is incomplete.

The right to erasure - You have the right to request that Our Company erase your personal data, under certain conditions (e.g. security audits requirements).

The right to restrict processing - You have the right to request that Our Company restrict the processing of your personal data, under certain conditions.

The right to object to processing - You have the right to object to Our Company’s processing of your personal data, under certain conditions.

The right to data portability - You have the right to request that Our Company transfer the data that we have collected to another organization, or directly to you, under certain conditions.

If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us at our email:

Write to us: support@teenit.app


Cookies are text files placed on your computer to collect standard Internet log information and visitor behavior information. When you visit our websites, we may collect information from you automatically through cookies or similar technology

How do we use cookies?

Our Company uses cookies in a range of ways to improve your experience on our website, including:

What types of cookies do we use?

There is only one type of cookies our website uses. We do not use any advertising cookies. We use:

How to manage cookies

You can set your browser not to accept cookies, and the above website tells you how to remove cookies from your browser. However, in a few cases, some of our website features may not function as a result.

Privacy policies of other websites

The Our Company website contains links to other websites. Our privacy policy applies only to our website, so if you click on a link to another website, you should read their privacy policy.

Changes to our privacy policy

Our Company keeps its privacy policy under regular review and places any updates on this web page.

How to contact us

If you have any questions about Our Company’s privacy policy, the data we hold on you, or you would like to exercise one of your data protection rights, please do not hesitate to contact us.

Email us at: support@teenit.app

How to contact the appropriate authority

Should you wish to report a complaint or if you feel that Our Company has not addressed your concern in a satisfactory manner, you may contact the Information Commissioner’s Office closest to you and listed at EU Data Protection Supervisory Authorities website