FAKT ImPex Inc. is committed to protecting the personal and financial data of every user, regardless of where in the world you live. This policy applies globally and complies with international data protection frameworks including the EU GDPR, US CCPA, UK GDPR, and equivalent privacy laws across Asia, Africa, the Americas, and the Middle East.
The FINC Ecosystem is operated by FAKT ImPex Inc. (Labuan Company Number LL18894), a company incorporated under the laws of Malaysia and licensed under the Labuan International Business and Financial Centre (Labuan IBFC).
For users in any country, FINC ImPex Inc. acts as the Data Controller of your personal information. Where required by local law, we may also appoint a Data Protection Officer (DPO) or local representative.
This policy applies to all users of the FINC Ecosystem worldwide, including but not limited to users in:
Where local laws provide stronger protections than this policy, those local protections will apply. Where local laws conflict with this policy, we apply the higher standard of protection.
We collect only what is necessary to deliver our services. The exact data collected depends on which features you use.
| Category | Examples | Source |
|---|---|---|
| Identity | Username, full name, email, phone, password (hashed) | You — at registration |
| Family | Spouse name, children info (age, school, grade) | Optional — you |
| Employment & Income | Job status, employer, industry, all income streams | You — Profile Hub |
| Financial Position | Assets, liabilities, fixed commitments, debt minimums | You — Profile Hub |
| Transactions | Expense amounts, merchants, categories, dates | Manual entry / AI Scanner |
| Bank Connection | Account name, balance snapshots, recent transactions | Licensed open-banking partners |
| Receipt Images | Photos for OCR processing | You — Smart Scanner |
| Goals & Preferences | Savings goals, currency, language | You |
| Social & Trade Activity | Posts, comments, tips, deal connections | Generated by usage |
| Business / Trade Profile | Trade name, region, commodities, revenue range | You — Profile Hub |
| Technical & Device | IP address, browser type, device type, login times | Automatic |
We process your information for the following lawful purposes:
We will never sell your personal data to third parties. We do not use your financial data for advertising targeting on external networks.
Your AI Safe-Spend Balance is the cornerstone of the FINC Ecosystem. It is calculated using:
The result — your Safe-Spend Balance and Health Score — powers your Liquidity Passport when you choose to connect with a dealer.
The FINC AI Smart Scanner allows you to capture receipts and invoices for automatic data extraction.
Receipt images are encrypted in transit (TLS 1.3) and at rest. Only metadata (merchant, amount, category, date) is retained long-term.
We share your information only in these specific circumstances:
When you tap "Connect Dealer" on a deal, you authorize us to share your Liquidity Passport summary with that specific dealer:
The dealer pays FINC a lead-generation fee for this verified introduction. Your raw financial data, transaction history, family details, and personal contact information are never shared.
We use carefully selected third-party providers, each bound by strict data processing agreements:
We will disclose information when required by lawful court orders or regulatory directives in any jurisdiction where we operate.
FINC Ecosystem operates internationally. Your data may be transferred between any country where we, our users, or our service providers operate.
For users in regions with cross-border transfer restrictions (such as the EU, UK, China, Russia, India), we protect international transfers through:
We protect your information through industry-standard security measures:
Wherever you are in the world, you have the following rights over your personal data:
To exercise any of these rights, email privacy@faktimpexinc.com. We respond within 30 days (or sooner where required by your local law).
The FINC Ecosystem uses browser localStorage to cache your data on your device for offline access and faster loading. This is essential for the app to function smoothly.
We may also use:
You can clear all locally stored data at any time using the "Sign Out" button on the dashboard.
The FINC Ecosystem is intended for users aged 18 and above. We do not knowingly collect personal data from children under 18 (or the higher age of consent applicable in your jurisdiction, e.g. 16 in some EU member states, 13 in the US under COPPA).
The "Children Information" field during registration is intended for parents to track family savings goals. It stores only age and school grade — never the child's identity or contact information.
If we learn we have collected data from a person under the applicable minimum age without parental consent, we will delete it immediately. Parents may contact privacy@faktimpexinc.com.
The following regional notices supplement the main policy for users in specific jurisdictions:
EEA and UK users have additional rights under the GDPR including the right to data portability in machine-readable format, and the right to lodge a complaint with their local Data Protection Authority. Our EU/UK representative will be appointed when processing thresholds require it.
California residents may request disclosure of personal information collected, sold, or disclosed in the past 12 months, and may opt out of "sharing" for cross-context behavioral advertising. FINC does not sell personal information.
Brazilian users have rights under the LGPD including confirmation of processing, access, correction, anonymization, portability, deletion, and information about sharing.
Users may lodge complaints with the Information Regulator of South Africa or the Office of the Data Protection Commissioner of Namibia respectively.
Indian users have rights under the Digital Personal Data Protection Act 2023 including access, correction, erasure, and grievance redressal.
Chinese users' data is processed in accordance with PIPL requirements including separate consent for sensitive personal information and cross-border transfers.
Malaysian users may lodge complaints with the Personal Data Protection Department (Jabatan Perlindungan Data Peribadi) at pdp.gov.my.
Singaporean users have rights under the PDPA 2012 administered by the Personal Data Protection Commission (PDPC).
Gulf users' data is processed in accordance with the respective Personal Data Protection Laws and any applicable free-zone regulations (DIFC, ADGM).
If your country is not specifically mentioned above, the main policy still applies fully and we honor all rights granted under your local data protection law.
We may update this Privacy Policy from time to time. When we make material changes:
Your continued use of the FINC Ecosystem after changes take effect constitutes acceptance of the updated policy.
If you have any questions, concerns, or requests regarding this Privacy Policy or your personal data: