Venturallies Privacy Policy
Effective Date: October 14
This Privacy Policy outlines how Venturallies ("we," "us," or "our") collects, uses, and protects your personal information when you use our real estate crowdfunding platform ("Platform"). Venturallies is a real estate crowdfunding platform registered in Estonia. Our registered address is Harju maakond, Tallinn, Kesklinna linnaosa, Juhkentali tn 8, 10132. You can contact us at support@venturallies.com.
Our Focus:
Venturallies focuses on promising real estate projects in politically stable countries in Africa. We meticulously scrutinize all projects to minimize risk, although it's important to understand that zero risk is impossible in any investment.
Who Can Invest:
Please note that only residents of the European Union (EU) are eligible to invest through the Venturallies platform.
1. Information We Collect:
We collect various types of information to provide and improve our services, including:
Information You Provide Directly:
Account Information: When you create an account, we collect your name, email address, password, and other contact details.
Investment Information: When you invest in a project, we collect financial information necessary for processing transactions, such as bank account details and transaction history.
Identity Verification: To comply with regulatory requirements, we may collect identification documents (e.g., passport, ID card), proof of address, and other information to verify your identity (KYC/AML procedures).
Communications: Any information you provide when you contact us via email or through our platform.
User Content: Any content you may upload or post on the platform.
Information Collected Automatically:
Usage Data: We automatically collect information about how you interact with our Platform, including pages visited, features used, time spent on the Platform, and your IP address.
Device Information: Information about the device you use to access our Platform, such as browser type, operating system, and device identifiers.
Cookies and Similar Technologies: We use cookies and similar technologies to collect data about your browsing activity, preferences, and to improve your experience on our Platform. You can manage your cookie preferences through your browser settings.
2. How We Use Your Information:
We use your personal information for the following purposes:
To Provide and Maintain Our Services:
To create and manage your Venturallies account.
To process your investments and facilitate transactions.
To provide customer support and respond to your inquiries.
To communicate with you about your account, investments, and platform updates.
To Comply with Legal and Regulatory Obligations:
To conduct Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, as required by law.
To prevent fraud and other illegal activities.
To respond to lawful requests from government authorities.
To Improve Our Platform and Services:
To analyze usage patterns and identify areas for improvement.
To personalize your experience on the Platform.
To develop new features and services.
For Marketing and Communication (with your consent where required):
To send you newsletters, updates, and promotional materials about new projects and opportunities. You can opt-out of marketing communications at any time.
3. Sharing Your Information:
We may share your personal information in the following circumstances:
With Project Developers: To facilitate your investment in a specific project, certain information may be shared with the relevant project developer.
With Service Providers: We engage third-party service providers to assist us with operations, such as payment processing, data storage, identity verification, and marketing. These providers are contractually obligated to protect your information and only use it for the purposes we specify.
For Legal Reasons: If required by law, subpoena, or court order, we may disclose your information to comply with legal obligations.
In Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the acquiring party.
With Your Consent: We may share your information with other parties if you have given us explicit consent to do so.
We do not sell your personal information to third parties.
4. Data Security:
We take reasonable measures to protect your personal information from unauthorized access, use, disclosure, alteration, or destruction. This includes using encryption, secure servers, and implementing access controls. However, no method of transmission over the internet or electronic storage is 100% secure, so we cannot guarantee absolute security.
5. Your Rights:
As an individual whose personal data we process, you have certain rights, including:
Right to Access: You have the right to request access to the personal data we hold about you.
Right to Rectification: You have the right to request that we correct any inaccurate or incomplete personal data.
Right to Erasure (Right to be Forgotten): You have the right to request that we delete your personal data under certain circumstances.
Right to Restriction of Processing: You have the right to request that we restrict the processing of your personal data in certain situations.
Right to Data Portability: You have the right to receive your personal data in a structured, commonly used, and machine-readable format, and to transmit that data to another controller.
Right to Object: You have the right to object to the processing of your personal data for direct marketing purposes.
Right to Withdraw Consent: Where we rely on your consent to process your data, you have the right to withdraw that consent at any time.
To exercise any of these rights, please contact us at support@venturallies.com.
6. Children's Privacy:
Our Platform is not intended for use by individuals under the age of 18. We do not knowingly collect personal information from children. If we become aware that we have collected personal information from a child, we will take steps to delete that information.
7. Changes to This Privacy Policy:
We may update this Privacy Policy from time to time. We will notify you of any material changes by posting the new Privacy Policy on this page and updating the "Effective Date" at the top. We encourage you to review this Privacy Policy periodically for any changes.
8. Contact Us:
If you have any questions or concerns about this Privacy Policy or our data practices, please contact us at:
Venturallies Harju maakond, Tallinn, Kesklinna linnaosa, Juhkentali tn 8, 10132; Email: support@venturallies.com