LEGAL
Privacy Policy
Last updated: 1 January 2024. This policy explains how Pærson Finance collects, uses, stores, and protects your personal data.
1. Information We Collect
We collect information you provide directly when you create an account, complete forms, or communicate with us. This includes:
• Identity data: full name, date of birth, government-issued identification
• Contact data: email address, phone number, postal address
• Financial data: wallet addresses, transaction history, investment amounts
• Technical data: IP address, browser type, device identifiers, cookies
• Usage data: pages visited, features used, interaction timestamps
• KYC/AML data: identity verification documents required by regulation
2. How We Use Your Information
Pærson Finance processes your personal data for the following lawful purposes:
• To provide and maintain our platform and services
• To process transactions and manage your account
• To comply with legal obligations including AML/KYC requirements
• To communicate important updates about your account or our services
• To improve our platform through analytics and user research
• To detect, prevent, and investigate fraudulent or illegal activity
• To personalise your experience on our platform
• To send marketing communications (only with your explicit consent)
3. Legal Basis for Processing
We process your data on the following legal bases under GDPR and applicable law:
• Contract performance: processing necessary to provide our services
• Legal obligation: compliance with AML, KYC, tax, and securities laws
• Legitimate interests: fraud prevention, security, platform improvement
• Consent: marketing communications and optional cookies (withdrawable at any time)
4. Data Sharing & Third Parties
Pærson Finance does not sell your personal data. We share data only with:
• Regulated identity verification providers (for KYC compliance)
• Banking and payment partners (for transaction processing)
• Cloud infrastructure providers (AWS, Google Cloud) under data processing agreements
• Legal and regulatory authorities when required by law
• Professional advisors (lawyers, auditors) bound by confidentiality
• Business partners only with your explicit consent
5. International Data Transfers
Pærson Finance operates globally. Your data may be transferred to and processed in countries outside your home jurisdiction. We ensure all international transfers comply with applicable data protection law through Standard Contractual Clauses approved by the European Commission and equivalent mechanisms in other jurisdictions.
6. Data Retention
We retain personal data for as long as necessary to fulfil the purposes described in this Policy. Specific retention periods:
• Account data: retained for the duration of your account plus 7 years after closure
• KYC documents: retained for 5 years after the end of our business relationship
• Transaction records: retained for 10 years as required by financial regulation
• Marketing preferences: until you withdraw consent or close your account
7. Your Rights
Subject to applicable law, you have the right to:
• Access a copy of the personal data we hold about you
• Rectify inaccurate or incomplete data
• Request erasure of your data ("right to be forgotten") where applicable
• Object to processing based on legitimate interests
• Restrict processing in certain circumstances
• Data portability: receive your data in a machine-readable format
• Withdraw consent at any time (without affecting prior processing)
To exercise these rights, contact us at privacy@pearsonpire.com.
8. Cookies
Pærson Finance uses essential cookies required for platform functionality, and optional analytics and marketing cookies subject to your consent. You can manage your cookie preferences at any time through our Cookie Preference Centre or your browser settings.
9. Security
We implement industry-standard technical and organisational security measures including TLS encryption in transit, AES-256 encryption at rest, multi-factor authentication, penetration testing, and 24/7 security monitoring. No system is perfectly secure; we encourage you to use strong passwords and enable 2FA on your account.
10. Contact & Complaints
For privacy enquiries, contact our Data Protection Officer:
Email: privacy@pearsonpire.com
Address: Pærson Finance, Data Protection Office, London, United Kingdom
You have the right to lodge a complaint with your local data protection authority. In the UK, this is the Information Commissioner's Office (ICO) at ico.org.uk. In the EU, contact your national supervisory authority.