Privacy Policy

(Valid from 28.02.2025)

Basic Information on Data Protection:

Responsible Entity: Finceptiv OÜ
Purpose: Provision of financial brokerage services.
Legal Basis: Offer personalized financial product options.
Data Sharing: For service provision, you acknowledge and authorize us to share your data with our partners and third parties.
Your Rights: Access, rectify, and delete data, as well as other rights as explained in the additional information.
Additional Information: You can consult additional and detailed information on data protection and terms definition in our Terms and Conditions.

This Privacy Policy describes how Finceptiv OÜ (hereinafter “Finceptiv,” “we,” “us”) collects, uses, and shares the personal data of its users (hereinafter, “you”) in relation to the services offered by Finceptiv, as well as users’ rights regarding their data.

Finceptiv acts as the personal information controller, responsible for your personal data and its processing. We are committed to protecting your privacy and ensuring the responsible handling of your information in accordance with the Data Privacy Act of 2012 (Republic Act No. 10173) and other applicable laws in the Philippines.

When you use our website and services, you agree that we collect, use, disclose, and protect your information as described in this Privacy Policy.

SOURCE OF DATA

We collect personal data only when we have your consent, when required to fulfill a contract, or when processing is in our legitimate interest, provided it is not overridden by your rights or freedoms.

You understand and agree that we collect personal data:

  • When you provide them directly through forms on our website (e.g., completing a loan application or contacting us);
  • When provided to us by an advertiser on whose website you entered your personal data;
  • When provided by third parties or financial partners (e.g., data on loan approval status or credit risk assessments);
  • When obtained from public sources (e.g., publicly available social media profiles or online directories);
  • Automatically through cookies and tracking technologies (see our Cookie Policy).

INFORMATION COLLECTED

We collect, process, and store the following personal data:

  • Identification details (e.g., name, ID number, gender, marital status);
  • Contact details (e.g., email address, phone number, residential address);
  • Employment details (e.g., employer, employment status, salary details);
  • Financial details (e.g., income, expenses, bank account information, credit history);
  • Loan-related details (e.g., purpose of loan, previous loan history);
  • Data on website interactions (e.g., browsing behavior, IP address).

We may also verify your identity, income, and creditworthiness as part of our service.

PURPOSES AND LEGAL BASIS FOR DATA PROCESSING

We process personal data under the following legal bases and for the following purposes:

1. Performance of Contract

Processing your personal data is necessary to provide our services, including:

  • Facilitating loan applications with financial institutions;
  • Matching your profile with relevant financial product providers;
  • Communicating updates regarding your application.

2. Legitimate Interest

We process data based on our legitimate interest for:

  • Enhancing our website and user experience;
  • Preventing fraud and ensuring security;
  • Assessing credit risk and financial solvency.

3. Consent-Based Processing

With your consent, we may:

  • Send marketing and promotional communications;
  • Share your data with financial institutions for loan offers;
  • Conduct profiling for personalized financial product recommendations.

You may withdraw your consent at any time without affecting the legality of prior processing.

4. Compliance with Legal Obligations

We may process data to comply with legal requirements, such as:

  • Anti-money laundering (AML) and fraud prevention laws;
  • Requests from Philippine regulatory authorities (e.g., National Privacy Commission).

DATA SHARING & THIRD PARTIES

For the provision of services, you authorize us to share your personal data with:

  • Financial partners and lenders who assess your loan eligibility;
  • Third-party service providers offering hosting, marketing, analytics, or credit history checks;
  • Regulatory bodies and law enforcement as required by law.

We ensure all third parties adhere to data protection obligations and maintain confidentiality.

INTERNATIONAL DATA TRANSFERS

If personal data is transferred outside the Philippines, we ensure appropriate safeguards are in place, such as:

  • Compliance with data protection adequacy decisions;
  • Standard contractual clauses to ensure data security.

DATA SECURITY

We implement technical and organizational measures to protect personal data, including:

  • Data encryption and access control measures;
  • Secure storage of personal data in compliance with industry standards;
  • Regular security audits and staff training on data protection.

DATA RETENTION

We retain personal data only as long as necessary for:

  • Service provision and contractual obligations;
  • Compliance with legal and regulatory requirements;
  • Defense against potential legal claims (up to 10 years in accordance with legal prescription periods).

YOUR DATA RIGHTS

Under the The Republic Act 10173, officially known as the Data Privacy Act of 2012 (DPA), you have the following rights:

  • Right to Access: Request access to your personal data;
  • Right to Rectification: Correct inaccurate or outdated data;
  • Right to Erasure: Request deletion of data under lawful grounds;
  • Right to Restrict Processing: Limit how we process your data;
  • Right to Data Portability: Receive a copy of your data in a structured format;
  • Right to Object: Withdraw consent for marketing or certain processing activities.

To exercise these rights, contact us via the details provided below.

CHANGES TO THIS PRIVACY POLICY

We may update this Privacy Policy due to changes in legal requirements, business operations, or regulatory guidance. Any modifications will be communicated via our website.

CONTACT INFORMATION

Finceptiv OÜ
Registered in Estonia under Business Register No. 14563072
Address: Liivalaia 13, 10116, Harjumaa, Tallinn, Republic of Estonia

For inquiries, you can reach us via our Contact Us section on our website.

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