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Privacy Policy

1. Introduction

This Privacy Policy describes how Nezenx Pte. Ltd. ("Company", "we", "us", or "our") collects, uses, stores, and discloses information when Users access the Nezenx Platform and related services.

By accessing or using the Platform, the User consents to the practices described in this Privacy Policy.

3. Scope of Data Collected

3(a) Personal Data

  • Full name
  • Date of birth
  • Nationality
  • Identity documents (passport, ID, driving licence, etc.)
  • Residential address and contact information
  • Business registration records (if applicable)

3(b) Platform & Account Data

  • Account credentials
  • Login history and device information
  • IP address and geolocation data
  • Communication logs between the User and the Company

3(c) KYC / AML Data

  • Proof of address
  • Proof of income or source of funds if required
  • Business verification documents
  • Advertising account or business justification documents if required

3(d) Transaction & Card Usage Data

  • Virtual Card creation and usage history
  • Merchant category codes (MCC)
  • Transaction amounts and timestamps
  • Funding and conversion data (fiat or crypto)

No biometric data is collected unless explicitly required by Partner Issuers.

4. Purpose of Data Processing

  • Account creation and management
  • KYC/AML verification and fraud prevention
  • Enabling the use and management of Virtual Cards
  • Risk analysis, security monitoring, and dispute prevention
  • Compliance with regulatory obligations
  • Customer support and account recovery
  • Service improvements and feature development
  • Communication about policy updates or security alerts

5. Data Sharing and Disclosure

The Company may share User data only where necessary with:

  • Partner Issuers (licensed institutions issuing Virtual Cards)
  • Compliance and KYC service providers
  • Crypto payment processors (for conversion)
  • Payment networks and acquiring partners (Visa, Mastercard, etc.)
  • Regulators or law enforcement when required by applicable laws

The Company does not sell, rent, or trade User data with third parties.

Where data is shared outside Singapore, transfers will follow PDPA cross-border safeguards.

6. Data Retention

The Company retains User data only for as long as necessary to provide the Services, satisfy legal, regulatory, and risk requirements, and respond to disputes or compliance investigations.

Retention periods may be extended if mandated by Partner Issuers or regulatory authorities. After expiration, data will be securely deleted or anonymised.

7. Data Security

7.1 The Company implements administrative, technical, and organizational safeguards to protect User data against unauthorized access, alteration, disclosure, or loss.

7.2 Safeguards may include encryption, access control, two-factor authentication, network security tools, and risk monitoring systems.

7.3 No system is completely immune to vulnerabilities; the User acknowledges that security cannot be guaranteed absolutely.

8. User Rights

  • request access to personal data stored by the Company
  • request correction of inaccurate information
  • request deletion where applicable (except where retention is legally mandatory)
  • request information on how the Company processes data

Requests can be submitted to: legal@nezenx.com. The Company may request reasonable verification before responding.

9. Cookies and Tracking

The Platform may use cookies and similar technologies to maintain User sessions, analyse Platform usage, and improve navigation and feature accessibility.

Users may disable cookies via browser settings, although certain Platform functions may no longer operate normally.

10. Third-Party Services

10.1 The Platform may include integrations with third-party services such as compliance partners, crypto processors, and Partner Issuers.

10.2 Data shared with third parties shall be limited to what is operationally necessary.

10.3 The Company is not responsible for the privacy practices of third-party systems and encourages Users to review their applicable policies.

11. International Data Transfers

Where data is transferred outside Singapore for operational or compliance reasons, such transfers will comply with PDPA requirements, including the use of Standard Contractual Clauses or equivalent safeguards where necessary.

12. Children’s Privacy

The Platform is intended strictly for business use and is not directed toward children under 18. The Company does not knowingly collect data from minors.

13. Amendments to This Privacy Policy

The Company may update or amend this Privacy Policy at any time. Continued use of the Platform after publication of an amendment constitutes acceptance of the updated terms.

14. Contact

  • legal@nezenx.com
  • NEZENX PTE. LTD.
  • 10 Anson Road #33-10, Suite C, International Plaza, Singapore 079903