Saak Finance — Privacy Policy
Effective Date: [15/3/2023]
Last Updated: [07/5/2025]

1. Introduction
   Welcome to Saak Finance (“Saak Finance”, “we”, “our”, or “us”).
   Your privacy is important to us. This Privacy Policy explains how we collect, use, store, and protect your personal information when you use our website, mobile app, and related financial services (collectively, the “Services”).

By using our Services, you agree to this Privacy Policy and the processing of your information as described below.

2. Information We Collect
   We collect information to provide and improve our Services. This includes:

a. Information You Provide

• Full name, date of birth, and contact details

• Email address and phone number

• Residential or business address

• Government-issued identification (for KYC verification)

• Banking and payment information (including USD account or account details)

• Communications with our support team

b. Information Collected Automatically

• IP address, browser type, and device identifiers

• Usage data such as page visits, session duration, and clicks

• Location data (when enabled)

• Cookies and similar tracking technologies

c. Information from Third Parties

• Identity verification providers

• Banking and payment partners

• Credit and fraud prevention agencies

• Public databases or compliance services

3. How We Use Your Information
   We process your data for the following purposes:

• To create and manage your Saak Finance account

• To verify your identity and comply with legal (KYC/AML) requirements

• To process transactions and generate virtual USD accounts

• To improve and personalize our Services

• To communicate with you about your account and product updates

• To detect and prevent fraud, unauthorized access, or other security issues

• To comply with applicable financial, tax, and legal obligations

4. Legal Basis for Processing
   We process your personal data based on one or more of the following legal grounds:

• Contractual necessity — to provide our Services to you

• Legal obligation — to comply with financial and AML regulations

• Legitimate interest — to improve our platform and prevent misuse

• Consent — where required, such as for marketing communications

5. Data Sharing and Disclosure
   We do not sell or rent your personal information.
   We may share your data with:

• Licensed banking and payment partners

• KYC/AML verification providers

• Regulatory authorities when legally required

• Service providers (e.g., cloud hosting, analytics, email systems) under strict confidentiality agreements

All third parties are required to protect your data in compliance with GDPR and other data protection laws.

6. Data Security
   We use advanced encryption, firewalls, and access control measures to protect your information.
   While we strive for full protection, no system is entirely immune to unauthorized access.
   You are responsible for maintaining the confidentiality of your login credentials.

7. Data Retention
   We retain personal information only as long as necessary to:

• Fulfill the purposes outlined in this policy

• Comply with legal and regulatory obligations (e.g., AML record retention)

• Resolve disputes and enforce agreements

Afterward, your data is securely deleted or anonymized.

8. Your Rights
   Depending on your location, you may have the following rights:

• Access — Request a copy of your personal data

• Rectification — Correct inaccurate or incomplete data

• Erasure — Request deletion of your data (“right to be forgotten”)

• Restriction — Limit how we process your data

• Portability — Request transfer of your data to another provider

• Objection — Opt out of certain processing activities

• Withdraw consent — If processing is based on consent

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

9. Cookies
   We use cookies and similar technologies to enhance user experience, analyze traffic, and improve our services.
   You can adjust your browser settings to refuse cookies, but some features may not function properly.

10. International Data Transfers
    Your data may be processed or stored in countries outside the UK or EEA.
    We ensure such transfers comply with GDPR through Standard Contractual Clauses or equivalent safeguards.

11. Updates to This Policy
    We may update this Privacy Policy periodically.
    The latest version will always be available on our website.
    Continued use of our Services after updates means you accept the revised terms.

12. Contact Us
    If you have questions or concerns about this Privacy Policy or how we handle your data, contact us at:

📧 privacy@getsaak.com
🏢 Saak Finance

627 McDowell Street, Lewisburg, Tennessee, United States