This Privacy Policy sets out our approach to personal data, including the personal data of our Users. It applies to all systems, operations, and processes of Maasai Tech that involve the collection, use, storage, and disclosure of personal information of our Users. This Privacy Policy applies to the use of our website at www.maasai.vc and all affiliated websites, applications, and online services owned and operated by us (collectively, the "Platform"), related services, sales, marketing, promotional activities, events, and social media interactions (together with the Platform, our "Services"). This Privacy Policy applies to your use of our Services, regardless of the device you use to access them. You may access or use our Services through a desktop, laptop, mobile phone, tablet, or other electronic device (each, a "Device"). This Privacy Policy also applies to your offline interactions with Maasai Tech. When you submit an inquiry, register for a Maasai Tech account, register for a Maasai Tech event, interact with us on social media, participate in competitions and promotional activities, or voluntarily provide information to us, we may collect personal information from you, including your name, email address, mobile phone number, banking information, company information, transaction history, and other information that identifies you (collectively, "Personal Information"). By accessing or using our Services, you agree to this Privacy Policy.
Maasai Tech is committed to maintaining the principles of the Nigerian Data Protection Regulation (NDPR) 2019, the Nigerian Data Protection Act (NDPA) 2023, and other applicable privacy and data protection laws regarding the processing of Personal Information. We adhere to the principles of lawfulness, fairness, transparency, data accuracy, purpose limitation, data minimization, storage limitation, integrity, confidentiality, and accountability.
We may process your Personal Information under the following lawful bases: By using our Services, you consent to the terms of this Privacy Policy. You can withdraw your consent at any time by contacting us at info@maasai.vc Contractual Obligations: We may process your Personal Information to fulfill our contractual obligations, such as providing our Services to you. Legal Obligations: We may process your Personal Information to comply with legal obligations, including regulatory requirements and court orders. Legitimate Interest: We may process your Personal Information for legitimate interests, such as fraud prevention, IT security, and tailored marketing, provided these interests do not override your rights. Vital Interest: We may process your Personal Information to protect your vital interests or the interests of another person where the data subject is physically or legally incapable of giving consent such as in the event of a claim for any amounts in the account of a deceased User by the User’s next-of-kin. Public Interest: We may process your Personal Information for obligations in the public interest or under official authority. These lawful bases may be extended to cover any additional grounds for the processing of personal data as may be recognised by data protection laws in force from time to time.
Information You Provide Us: We collect Personal Information you provide through forms, correspondence, and account registration. This includes identity information, contact information, transaction information, and profile information. Information About Your Transactions: We collect Personal Information about your transactions on the Platform Information from Third Parties: We may collect Personal Information from third parties, such as consumer reporting agencies, employers, and other Users (e.g., next-of-kin information). Information Automatically Collected: We collect Device information, log information, and usage information through cookies and similar technologies. Cookies and Similar Technologies: We use session cookies, persistent cookies, and third-party cookies to personalize our Services and collect usage data.
Maasai Tech employs your Personal Information for a variety of purposes, all aimed at delivering and enhancing our specialized Services. These purposes include:
1) To Execute Contractual Agreements: a) We utilize your Personal Information to fulfill our obligations under agreements you enter into with us, ensuring the seamless delivery of our platform's functionalities and services related to M&A, venture capital, and private equity transactions.
2) To Communicate Important Updates and Notifications: a) We use your contact information to send essential notices, updates, and announcements related to our platform, service changes, security alerts, and other critical information relevant to your use of Maasai Tech.
3) For Internal Operational Purposes: a) Your Personal Information aids in conducting internal operations, such as auditing, data analysis, and system monitoring, which are crucial for maintaining the integrity, security, and efficiency of our platform.
4) To Provide Tailored Products and Services: a) We analyze your data to offer personalized products, services, and recommendations that align with your specific interests and needs in the M&A, venture capital, and private equity sectors, thereby enhancing your experience on our platform.
5) To Address User Inquiries and Provide Support: a) We utilize your information to respond to your inquiries, provide customer support, and address any issues or concerns you may have regarding our Services.
"Maasai Tech is dedicated to maintaining the confidentiality and security of your Personal Information. However, to facilitate the efficient operation of our platform and to deliver the specialized Services we offer, it may be necessary to share your data under specific circumstances. These circumstances include:
1) With Your Explicit Consent: a) We will only share your Personal Information with third parties when you have provided clear and unambiguous consent.
2) To Execute Transactional Processes: a) In order to fulfill transactions initiated on our platform, such as M&A deals, venture capital investments, or private equity transactions, we may share necessary data with relevant parties involved in the transaction.
3) With Our Affiliated Entities and Service Providers: a) We may share your Personal Information with our affiliated companies and trusted third-party service providers who assist us in delivering our Services, such as data storage, system maintenance, and security. All such service providers are bound by strict confidentiality agreements.
4) With Financial Institutions: a) To facilitate financial transactions and comply with regulatory requirements, we may share your Personal Information with financial service providers, including banks and payment processors.
5) For Due Diligence Purposes Among Platform Users: a) In the context of due diligence activities, which are essential for informed decision-making in M&A, VC, and PE transactions, we may share relevant data among authorized users on the platform. This sharing is conducted under strict confidentiality agreements and is limited to information necessary for the due diligence process.
6) In Connection with Business Transactions: a) In the event of business transactions such as mergers, acquisitions, or asset sales, we may share your Personal Information with relevant third parties, subject to appropriate confidentiality measures.
7) To Comply with Legal and Regulatory Obligations: a) We may disclose your Personal Information when required by applicable laws, regulations, or legal processes, such as court orders or subpoenas.
8) To Protect Our Rights and Ensure Safety: a) We may share your Personal Information to protect our rights, property, and safety, as well as the rights, property, and safety of our users or others.
9) With Law Enforcement Authorities: a) We may share your Personal Information with law enforcement agencies when we believe it is necessary to investigate or prevent illegal activities, fraud, or other threats to public safety.
We do not share your Personal Information with third parties for their marketing purposes without your consent. Maasai Tech is committed to ensuring that all data sharing is conducted in accordance with applicable data protection laws and regulations, and we implement appropriate safeguards to protect the confidentiality and security of your Personal Information
"Maasai Tech is committed to empowering its users with control over their Personal Information. In accordance with the Nigerian Data Protection Act (NDPA) 2023 and other applicable data protection regulations, users of our platform are afforded the following rights:
1) Right to Opt-Out of Marketing Communications: a) Users may, at any time, choose to discontinue receiving promotional materials or marketing-related communications from Maasai Tech. This can typically be achieved through mechanisms provided within the communication itself (e.g., an "unsubscribe" link) or by contacting our designated data protection officer.
2) Rights to Access, Correct, and Data Portability: a) Users possess the right to request access to the Personal Information Maasai Tech holds about them. b) Users have the right to rectify any inaccuracies or incomplete data within their Personal Information. c) In certain circumstances, users may request to receive their Personal Information in a structured, commonly used, and machine-readable format, facilitating data transfer to another entity. This right is particularly relevant in the context of due diligence and transaction-related data exchanges.
3) Right to Data Erasure (Right to be Forgotten): a) Users may request the deletion of their Personal Information under specific circumstances, such as when the data is no longer necessary for the purposes for which it was collected, or when they withdraw their consent. However, Maasai Tech may retain certain data for legal compliance, regulatory obligations, or to fulfill contractual requirements related to completed transactions.
4) Right to Lodge a Complaint with the Nigeria Data Protection Commission (NDPC): a) Users who believe that Maasai Tech's processing of their Personal Information infringes upon their rights under applicable data protection laws have the right to file a complaint with the NDPC.
5) Right to Withdraw Consent: a) Where Maasai Tech relies on user consent as the legal basis for processing Personal Information, users have the right to withdraw that consent at any time. Withdrawal of consent will not affect the lawfulness of processing based on consent before its withdrawal.
6) Right to Object to Automated Decision-Making: a) Users have the right to object to decisions based solely on automated processing, including profiling, that produce legal effects concerning them or similarly significantly affect them. Maasai Tech implements safeguards to ensure human intervention, where appropriate, in decisions that could have a significant impact on users, especially in the context of transaction matching and due diligence processes.
Maasai Tech is committed to facilitating the exercise of these rights and will respond to user requests in a timely and efficient manner, in accordance with applicable legal requirements. Users may exercise these rights by contacting our data protection officer at info@maasai.vc
Our Services may allow you to share information publicly. We are not responsible for the confidentiality of information you share publicly or on third-party platforms.
We implement security measures to protect your Personal Information. We retain your Personal Information as long as necessary for the purposes outlined in this policy. Acknowledging that no digital transmission or data storage method is entirely impervious to security risks, Maasai Tech cannot provide an absolute guarantee of the inviolability of your Personal Information. Your diligence in safeguarding your credentials is also essential. We urge you to maintain the confidentiality of your email address, username, and password for your Maasai Tech account and to refrain from sharing them with any third party. Should we receive instructions utilizing your Maasai Tech account login details or other security- related data, we will presume that these actions were authorized by you. You are required to promptly notify us of any unauthorized access to your Maasai Tech account or any other security compromise. Maasai Tech, at its sole discretion, reserves the right to decline service provision, terminate user accounts, and modify or remove content as deemed necessary. In accordance with applicable legal mandates, which may require us to retain your Personal Information for specified durations, we will store your data for the time necessary to fulfill the purposes for which it was collected, including adherence to legal, accounting, and reporting obligations.
Maasai Tech's Services are not designed for, nor intended to attract, individuals under the age of eighteen (18). We do not knowingly gather Personal Information from minors. If you are under eighteen (18), please refrain from using our Services or submitting any information to us. While utilizing our Services, you may encounter links to external websites that are not under our control. Additionally, third-party websites or applications may provide links to our Services. Maasai Tech is not accountable for the privacy practices or content of these external websites. We advise you to review the privacy policies and terms of service of any such websites. This Privacy Policy pertains exclusively to the Services provided by Maasai Tech. To protect your information from unauthorized access, unlawful processing, and foreseeable online security threats, Maasai Tech implements stringent physical, electronic, and administrative security measures.
Generally, we retain your Personal Information for the duration required to achieve the purposes for which it was collected, and to enhance your service experience. We are dedicated to upholding the confidentiality of your Personal Information."
Our platform may contain links to external websites or services not operated by us. We are not responsible for the privacy practices of these third-party sites. Please review their privacy policies for more information.
We reserve the right to update this Privacy Policy at any time. We will notify you of significant changes through our platform or via email. We encourage you to review this policy periodically to stay informed.
Our platform may contain links to external websites or services not operated by us. We are not responsible for the privacy practices of these third-party sites. Please review their privacy policies for more information.
We may revise this Privacy Policy. We will post the revised version on our Services and update the date at the top of this policy.
If you have any questions, comments, or concerns, please contact us at info@maasai.vc