Privacy Policy

InstaFintech Group

1. General provisions

1.1 The present policy of personal data processing is drawn up in accordance with the requirements of the British Virgin Islands Data Protection Act, 2021 and defines the procedure of personal data processing and measures to ensure personal data security taken by InstaFintech Group (hereinafter referred to as the Operator).

1.2 The Operator sets as its most important goal and condition of its activity the observance of human and citizen's rights and freedoms during processing of personal data, including the protection of rights to privacy, personal and family confidentiality.

1.3 This Operator's policy on personal data processing (hereinafter referred to as the Policy) applies to all information that the Operator may obtain about visitors to the website

2. Definitions

2.1 Automated processing of personal data - processing of personal data by means of computer equipment.

2.2 Blocking of personal data - temporary cessation of personal data processing (except for cases when processing is necessary to clarify personal data).

2.3 Website - a set of graphic and informational materials, as well as applications and databases ensuring their availability on the Internet at the network address

2.4 Personal data information system - a set of personal data contained in databases and information technologies and technical means ensuring their processing.

2.5 Depersonalisation of personal data - actions, as a result of which it is impossible to determine without using additional information whether personal data belong to a particular User or other subject of personal data.

2.6 Processing of personal data - any action (operation) or set of actions (operations) performed with or without the use of automation means with personal data, including collection, recording, systematisation, accumulation, storage, clarification (updating, modification), extraction, use, transfer (distribution, provision, access), depersonalisation, blocking, deletion, destruction of personal data.

2.7 Operator - a state authority, municipal authority, legal entity or natural person, independently or jointly with other persons organising and (or) carrying out processing of personal data, as well as determining the purposes of personal data processing, composition of personal data subject to processing, actions (operations) performed with personal data.

2.8 Personal Data - any information relating directly or indirectly to a specific or identifiable User of

2.9 User - any visitor of the website

2.10 Provision of Personal Data - actions aimed at disclosure of personal data to a certain person or a certain circle of persons.

2.11 Dissemination of personal data - any actions aimed at disclosure of personal data to an indefinite number of persons (transfer of personal data) or familiarisation of personal data to an unlimited number of persons, including disclosure of personal data in mass media, placement in information and telecommunication networks or providing access to personal data in any other way.

2.12 Trans-border transfer of personal data - transfer of personal data to the territory of a foreign country to a foreign government authority, a foreign individual or a foreign legal entity.

2.13 Destruction of personal data - any actions, as a result of which personal data are irretrievably destroyed with the impossibility of further recovery of the content of personal data in the information system of personal data and (or) material carriers of personal data are destroyed.

3. Personal data of the User processed by the Operator

3.1 The Operator may process the following types of User’s personal data:

  • Surname, first name, middle name;
  • E-mail address;
  • Telephone numbers;
  • Year, month, date and place of birth;
  • Details of identity document and Passport details;
  • Information on income and debts.

3.2 The website also collects and processes anonymised visitor data (including cookies) using Internet statistics services (Google Analytics and others).

3.3 The aforementioned data is hereinafter referred to in the text of the Policy as Personal Data.

4. Purposes of personal data processing

4.1 The purpose of processing the User's personal data is to inform the User by sending emails; to conclude, execute and terminate civil law agreements; to provide the User with access to services, information and/or materials contained on the website.

4.2 The Operator is also entitled to send the User notifications about new products and services, special offers and various events. The User can always refuse to receive information messages by sending a letter to the Operator.

4.3 The User's anonymised data collected through Internet statistics services are used to collect information about the User's actions on the website, to improve the quality of the website and its content.

5. Legal basis for processing personal data

5.1 The Operator processes the User's personal data only if it is filled in and/or sent by the User himself/herself via special forms located on the website of the Operator. By filling in the relevant forms and/or sending his/her personal data to the Operator, the User expresses his/her consent to this Policy.

5.2 The Operator processes anonymised data about the User if it is allowed in the User's browser settings (cookies and JavaScript technology enabled).

6. Procedure for collection, storage, transfer and other types of personal data processing

6.1 The security of personal data processed by the Operator is ensured by implementing legal, organisational and technical measures necessary for full compliance with the requirements of the applicable legislation in the field of personal data protection.

6.2 The Operator shall ensure the safety of personal data and take all possible measures to exclude access to personal data by unauthorised persons.

6.3 User's personal data will never, under no circumstances, be transferred to third parties, except for cases related to the execution of the current legislation.

6.4 In case of inaccuracies in the personal data, the User can update them independently, by sending the Operator a notice to the Operator's email address with the remark "Personal data update".

6.5 The period of personal data processing is unlimited. The User may withdraw his/her consent to the processing of personal data at any time by sending a notice to the Operator via e-mail marked "Withdrawal of consent to the processing of personal data".

7. Trans-border transfer of personal data

7.1 Before commencing the trans-border transfer of personal data, the Operator is obliged to ensure that the foreign state, to the territory of which the transfer of personal data is to be carried out, provides reliable protection of the rights of personal data subjects.

7.2 Transborder transfer of personal data to the territory of foreign states that do not meet the above requirements may be carried out only if the personal data subject consents in writing to the transborder transfer of his/her personal data and/or fulfils an agreement to which the personal data subject is a party.

8. Final provisions

8.1 The User can get any clarifications on any questions concerning the processing of his/her personal data by contacting the Operator via e-mail.

8.2 This document will reflect any changes in the policy of personal data processing by the Operator. The Policy is valid indefinitely until it is replaced by a new version.

8.3 The current version of the Policy is freely available on the Internet at the website of the Operator.