Privacy Policy
Effective Date: August 11, 2025
At lynovariloxentar, we’re dedicated to keeping your personal information safe, in line with South Africa’s Protection of Personal Information Act (POPIA) and other relevant laws. This Privacy Policy outlines how we collect, use, store, and protect your data as you engage with our investment platforms, supporting your financial planning and pursuit of economic freedom.
1. Information We Collect
We gather specific data to enhance your digital investment experience and support your financial development:
- Personal Details: Your name, email, phone number, and other contact info you provide when signing up, filling out forms, or reaching out, helping us personalize your financial opportunities.
- Financial Information: Details like ID documents, bank info, or proof of address needed for account verification, ensuring compliance with FSCA rules and supporting your wealth management goals.
- Usage Data: Info about how you use our site and platform, like your IP address, browser, device type, and pages visited, which helps us improve your economic well-being.
- Cookies and Tracking: Data from cookies and similar tech to optimize your experience and analyze site performance. Check our Cookies Policy for more, as this ties into your savings strategy.
2. How We Use Your Information
We use your data to make your experience on our investment platforms better and to foster your financial education:
- Deliver and enhance our trading platform and services, aligning with your financial planning needs.
- Verify your identity to meet regulatory standards, like anti-money laundering (AML) and know-your-customer (KYC) requirements, ensuring a secure digital investment environment.
- Connect with you about your account, transactions, or support questions, supporting your journey toward economic freedom.
- Send marketing updates, like newsletters, with your consent, to highlight financial opportunities.
- Analyze site traffic to improve functionality, contributing to your economic well-being.
3. Legal Basis for Processing
We process your data based on:
- Your consent, for things like marketing emails that highlight financial opportunities.
- The need to fulfill our contract with you, such as providing trading services as part of your wealth management plan.
- Legal obligations, like FSCA regulations, to ensure compliance while supporting your financial development.
- Our legitimate interests, like improving services or preventing fraud, without overriding your rights, aligning with your savings strategy.
4. Sharing Your Information
We may share your data with:
- Regulatory bodies, like the FSCA, to meet legal requirements and support transparent financial planning.
- Trusted third-party providers (e.g., payment processors or IT services) who help deliver our services, bound by strict confidentiality, ensuring your economic well-being.
- Law enforcement or authorities if required by law or to protect our rights, maintaining trust in our investment platforms.
We never sell or rent your data for marketing purposes, prioritizing your financial education and trust.
5. Data Security
We use strong measures, like encryption and access controls, to protect your data from unauthorized access, loss, or theft. While we strive for top security, no system is foolproof. This commitment supports your digital investment journey and long-term economic freedom.
6. Your Rights
Under POPIA, you can:
- Access the data we hold about you to stay informed about your financial planning.
- Request corrections to inaccurate or incomplete data, ensuring accuracy in your wealth management records.
- Request data deletion, subject to legal and regulatory needs, aligning with your financial development goals.
- Object to or limit data processing in certain cases, supporting your economic well-being.
- Withdraw consent for processing, where applicable, giving you control over your financial opportunities.
Contact us at support@lynovariloxentar.com to exercise these rights.
7. Data Retention
We keep your data only as long as needed for the purposes in this policy or as required by law, such as retaining financial records for seven years under South African rules. This approach supports your savings strategy while ensuring compliance.
8. International Data Transfers
Your data may be sent to and processed in countries outside South Africa, like where our service providers are based. We ensure these transfers meet POPIA standards with proper safeguards, protecting your financial planning and digital investment activities.
9. Changes to This Policy
We may update this Privacy Policy as needed, posting changes here with a new effective date. We encourage regular checks to stay informed, ensuring our policies align with your pursuit of economic freedom and financial education.
10. Contact Us
Questions or concerns about this Privacy Policy or our data practices? Reach out:
Email: support@lynovariloxentar.com
Phone: +27 78 305 1749
Address: Robben Island, Cape Town, Western Cape 7400, South Africa