Privacy overview

At Numo, we take your privacy very seriously and implement all necessary measures to ensure your data stays safe and private.

PRIVACY ASSETS

DATA LOCATION

Database Location
๐Ÿ‡บ๐Ÿ‡ธ USA
Subprocessors Data Location
๐Ÿ‡บ๐Ÿ‡ธ USA
๐Ÿ‡ณ๐Ÿ‡ฑ The Netherlands
๐Ÿ‡ง๐Ÿ‡ท Brazil
๐Ÿ‡ช๐Ÿ‡บ European Union
๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
๐Ÿ‡ฏ๐Ÿ‡ต Japan
๐Ÿ‡ฐ๐Ÿ‡ท South Korea
๐Ÿ‡จ๐Ÿ‡ณ China
๐Ÿ‡ธ๐Ÿ‡ฌ Singapore
๐Ÿ‡ฎ๐Ÿ‡ฉ Indonesia
๐Ÿ‡ฎ๐Ÿ‡ณ India
๐Ÿ‡ฆ๐Ÿ‡บ Australia
๐Ÿ‡ง๐Ÿ‡ญ Bahrain
๐Ÿ‡ฆ๐Ÿ‡ช United Arab Emirates
๐Ÿ‡จ๐Ÿ‡ฆ Canada
๐Ÿ‡ฎ๐Ÿ‡ฑ Israel
๐Ÿ‡น๐Ÿ‡ผ Taiwan
๐Ÿ‡จ๐Ÿ‡ฑ Chile
๐Ÿ‡ฌ๐Ÿ‡ง United Kingdom
๐Ÿ‡ง๐Ÿ‡ช Belgium
๐Ÿ‡ฉ๐Ÿ‡ช Germany
Our Privacy Policy will soon be available here.

Privacy Policy

Last update: May 15, 2024

1. Introduction

This Privacy Policy applies to the website numohq.com (hereinafter the โ€œwebsiteโ€) published by the company The New Money Company of San Francisco, Inc. (hereinafter โ€œNumoโ€ or โ€œweโ€) and its other services and products for which personal data is being communicated to Numo.

Please read this Privacy Policy carefully as it explains how Numo uses your personal data and how to exercise your rights. This Privacy Policy supplements the Terms & Conditions or any documents or notices that may refer to this Privacy Policy.

Should you have any questions, you may directly contact Numo by sending an email to premier@numohq.com.

2. Definitions

DATA means data about a living individual who can be identified from those data (or from those and other information either in our possession or likely to come into our possession).

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USAGE DATA is data collected automatically either generated by the use of Service or from Service infrastructure itself (for example, the duration of a page visit).

โ€COOKIES are small files stored on your device (computer or mobile device).

โ€DATA CONTROLLER means a natural or legal person who (either alone or jointly or in common with other persons) determines the purposes for which and the manner in which any personal data are, or are to be, processed. For the purpose of this Privacy Policy, we are a Data Controller of your data.

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DATA PROCESSORS (OR SERVICE PROVIDERS) means any natural or legal person who processes the data on behalf of the Data Controller. We may use the services of various Service Providers in order to process your data more effectively.

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DATA SUBJECT is any living individual who is the subject of Personal Data.

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THE USER is the individual using our Service. The User corresponds to the Data Subject, who is the subject of Personal Data.

3. Legal context

We abide by the recommendations of the relevant authorities and have put in place an organization to ensure our compliance with the regulatory framework established by the General Data Protection Regulation (EU) 2016/679 of the European Parliament and of the Council (GDPR) and any other laws or regulations relating to personal information that apply to us.

4. What is our role?

Under the GDPR, we are considered as a data controller. It means that we set the whys and hows we process your personal information. For example, when you are visiting our website, we are in charge of determining the purposes and the means that are necessary to administer, operate and manage our usersโ€™ personal information that we collect from it.

Depending on the activity we perform on your data, we may also be considered as a data processor. This means that you are our customerโ€™s end user and that we are processing your data under the instructions of our customer considered as a data controller. In this case, the data controller sets the purposes and means of the processing activity, and we abide and deliver our service in regards to these.

5. What kind of personal information do we process?

We only collect and process personal information that is relevant and adequate. We give special attention to its accuracy and updates when needed. Personal information includes in particular:

Type of dataExamples of data
Economic and financial datae.g. income, financial situation, tax situation, banking details, etc.
Identification datae.g. first name, last name, picture, birth date, etc.
Contact datae.g. email address, phone number, postal address, ect.
Professional datae.g. company name, skills, job title, diplomas, etc.
Connection datae.g. IP address, logs, terminal and connection identifiers, timestamp, etc.
Location datae.g. movements, GPS data, GSM, etc.
Internet datae.g. cookies, tracers, navigation data, audience metrics, etc.
Personal datae.g. lifestyle, family situation, etc.
Images & video datae.g. video footage or photography
Sensible datae.g. racial or ethnic origin, political opinions, religious or philosophical beliefs, trade union membership, genetic data, biometric data, health data, sex life or sexual orientation, criminal convictions and offenses.
National identification numbere.g. social security number, personal public service number, ID number, etc.

The collection of this information may at times be mandatory in order to provide our service, other times optional to enhance your experience and left to your good will. Mandatory information will be identified as such when we collect your data. Know that if you refuse to provide it, Numo wonโ€™t be able to provide you with its utmost service and you will unfortunately experience inconveniences.

6. When do we collect your personal information?

We collect your personal information on various occasions.

SourcesDescription
Billing formIndividual filled in a payment checkout
Online or paper formIndividual filled in a form
Sign up formIndividual signed up online
Website or software visitIndividual browsed our website or our solution
Partner relationshipsIndividual gave their data to one of our partners
Data enrichment toolsWe've used tools to enrich personal data
Chat & Email conversationIndividual contacted us directly by mail
Third Party ServiceWe've collected data through the use of a third party solution or service
Video recordingIndividual is recorded on camera
Job applicationIndividual sent us a job application
Social MediaWe've collected users social media profiles
Opensource dataWe've collected data openly accessible on the internet
Database purchase We've purchased a database containing personal data
Import via APIImport of personal data via AP

7. How do we use your personal information?

Your personal information will never be processed for incompatible purposes regarding why it was first collected. We only collect and process personal information for specified, explicit and legitimate purposes, like:

Processing ActivitiesPurposesLegal basis
Payment & billing managementTo process money transactionsContractual duties
Cloud Hostinghis infrastructure is crucial for the smooth operation and continuous availability of our website. Additionally, they handle the direct hosting of website content, ensuring that web pages, images, and multimedia elements are delivered efficiently and responsively to end-users. The primary purpose of this processing activity is to leverage advanced hosting capabilities, ensuring optimal website performance, scalability, and reliability. Operational data such as server logs and network performance metrics are processed to maintain and enhance the hosting services. By combining robust infrastructure management with efficient content delivery, these subprocessors ensure a high-quality, reliable, and secure online presence for our services, aligning with our commitment to operational excellence and data privacy standardsContractual duties
Website audience measurementTo gather analytics on the website trafficConsent
Customer Lead managementTo interact with individuals and companies about the service whether by email or by phone and follow lead managementConsent
Internal communications & collaborationTo collaborate internally on the company's projectsLegitimate interest
Employee expenses managementTo administer service fees and business travelsLegitimate interest
Administrative employee managementTo provide employees' with company benefits and manage payroll and leavesContractual duties, Legal and regulatory obligations, Legitimate interest
Service improvementTo maintain and optimize the performance of the service and understand how individuals use itLegitimate interest
Customer support and social communicationsTo provide customer care and interact with individuals on social platformsLegitimate interest
Electronic signature managementTo digitally seal contracts and legal documentsLegitimate interest
Compliance with legal and regulatory obligations To fulfill legal obligations and disputesLegal and regulatory obligations
Payment Services, Remittance, and Fintech servicesTo process your financial transactions. Contractual duties, Consent
KYC, AML, and Compliance ServicesTo process and verify identity of users accessing our financial services. undefined

In order to comply with the principle of lawfulness, the legal bases for each data processing is determined carefully and on a case-by-case basis in accordance with the list provided by Article 6 of the GDPR.

We do not process your data or use automated decision making without your knowledge, nor do we sell or rent your personal information without your explicit consent.

8. Who can access your personal information?

Recipients to whom we disclose your personal information are carefully chosen by us. They receive data for legitimate purposes, especially when it comes to pursuing our business activity and providing a qualitative service:

SubprocessorService provided
Column
Brex
Coinbase Commerce
StripePayment & billing management
Sendcloud
Tresorit
Pinecone
FramerWebsite builder
Amazon AWSCloud Infrastructure for apps and services
GitHubSoftware development platform
WebflowWebsite creation
Transpond
FullStoryAnalytics
Mixpanel IncProduct analytics
Clarity
PostHog
Google CloudCloud computing services
Apollo
SuperhumanFastest email experience ever made
Tally
PhantomBuster
Pitch
Astrodon CorporationEmail creation, sending and tracking
LinkedInSocial media
CalendlyScheduling appointments and meetings
DropboxFile hosting service
LinearIssue tracking
Partiful
FrontCustomer communication platform
Tella HQ Inc.Screen & camera recording
Dialpad
Retool
ZoomVideo conferencing
LoomAsync video messaging
NotionNote and database app
OpenAIMachine learning and text analytics
SlackMessaging program
FigmaDesign, prototype, and feedback tool
ZapierWorkflow automation platform
Rippling
New Relic
OpenPhone
AC PM LLCTransactional emailing
TallyForm builder
DocuSignE-signature platform
Stable
Consent Manager
PrivacyboardGDPR compliance solution
Nium
VertoFX
Finix
AiPrise
Brightwell
HSBC
Thunes
Nala Money
Plaid
SmileID

Certain data recipients are considered our data processors in accordance with Article 28 of the GDPR, which means we review how they handle personal information and make sure they put in place appropriate guarantees to protect it.

Other recipients are considered authorized third parties in accordance with Article 4 of the GDPR, which means we have to communicate your personal information to them to comply with applicable legal obligations, lawful requests and processes (subpoenas, requests from government or tax authorities, etc.).

9. Where do we transfer your personal information?

As far as possible, your personal information is processed within the European Union. However, some of our service providers may be located in another country of which you are a resident or pursuing their activity outside of the European Union.

When we transfer your personal information to a recipient outside the European Union, we take care of putting in place sufficient guarantees in accordance with the list provided by Articles 44 to 50 of the GDPR, whether it is having it stored in a country with an adequate privacy protection or contracting Data Protection Agreements to ensure your personal information is protected.

SubprocessorLocationAdopted safeguard
StripeUSAData Processing Agreement
GitHubUSAData Processing Agreement
WebflowUSAData Processing Agreement
LinkedInUSAData Processing Agreement
CalendlyUSAData Processing Agreement
LinearUSAData Processing Agreement
Tella HQ Inc.USAData Processing Agreement
LoomUSAData Processing Agreement
NotionUSAData Processing Agreement
OpenAIUSA
ZapierUSAData Processing Agreement
AC PM LLCUSA

10. How long do we store your personal information?

As a general rule when we are considered a data controller by the GDPR, retention periods of your personal information are determined according to the purposes for which we collected it and our legal obligations.

Regarding our activities as a data processor, we retain our customersโ€™ end users personal information as long as required by our terms and conditions and the pursuing of the service our customersโ€™ subscribed to.

When these purposes are fulfilled or when you ask us, your personal information is archived, erased or anonymized.

11. How do we protect your personal information?

We care deeply about the safety of your personal information and that is why we put in place adequate technical and organizational security measures to preserve its confidentiality, integrity and availability.

We take into account the risks for your rights and freedoms and therefore follow with great care the recommendations of the competent authorities regarding security.

12. What are your rights and how to exercise them?

In accordance with Articles 12 to 23 of GDPR, you have rights over your personal information that we are committed to respect:

  • you can request access to your personal information and a copy of it
  • you can ask us to modify your personal information if you consider it obsolete, inaccurate or incomplete.
  • you can object to the processing of your personal information if based on our legitimate interest in certain circumstances.
  • you can request to restrict the processing during a limited period of time, in certain circumstances.
  • you can opt-out from a consent already given, without this withdrawal affecting the lawfulness of the processing operations already carried out.
  • when technically feasible, you can ask us to send you the personal information you provided us or that we communicate it to a third party.
  • you can ask us to delete your personal information if it meets legal grounds for which it is applicable.
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These rights can be exercised directly and at any time by sending an email to numohq.com or on our Data Requests page. In the case you are our customerโ€™s end user, please take into consideration that this request will be forwarded and must be answered directly by them.

13. Children's privacy

Our Services are not intended for use by children under the age of 13 (" Children").

We do not knowingly collect personally identifiable information from Children under 13. If you become aware that a Child has provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from Children without verification of parental consent, we take steps to remove that information from our servers.

14. Policy changes

This Privacy Policy may be modified in the future to keep it updated with legal jurisprudence and evolution. You'll be informed either by a special mention on this page or by a personalized warning, by email for instance.

15. Contact us

If you have any questions about this Privacy Policy, please contact us via email at premier@numohq.com.

We dont use cookies to provide our service, we prefer to eat them ๐Ÿช

Cookie Policy

Last update:
May 09, 2024
Part of the provision of our service and this website relies on the collection of cookies. Depending on their use, they may be considered essential or subject to your explicit consent.

What is a cookie?

A cookie is a small text file that may be deposited and saved on the hard drive of your device (computer, tablet, smartphone, etc.) when you visit our website. It allows us or third parties to identify the device on which it has been saved and to keep record of certain information relating to your journey in order, for instance, to simplify your visit on our website, to secure your connection or to adapt the content of a page to your interests.

What types of cookies are collected?

Cookie
Description
Essential cookies
These cookies are strictly necessary to provide you with our website and use its functionalities. If you choose to disable these cookies via your internet browser, access and/or use of our website may be altered.
Advertising Cookies
These cookies are used by us and third parties to track your browsing history and direct targeted ads to you based on your previous interests and those of users with similar habits.
Analytics and Performance Cookies
These cookies are useful to measure the audience and performance of our website and help us understand how visitors interact with it.
Preference Cookies
These cookies serve to personalize your experience by remembering your preferences and recognizing you when you visit our website again.

How to manage cookies?

Your internet browser may allow you to manage your cookie preferences by removing or rejecting them via your browser settings (usually located in "help", โ€œtoolsโ€ or โ€œeditโ€ sections). Remember that if you choose to disable our cookies, you may experience some inconvenience when using our website.

Subprocessors

In an effort to be as transparent as possible to our customers, the Subprocessor list includes any third-parties who may have access to your data by utilizing our service. The type of data that the Subprocessor has access to is limited to only what is reasonably necessary to perform the service provided.

Prior to engaging with a Subprocessor, Numo performs extensive due diligence, which includes security and legal analysis. Each Subprocessor is subject to contract terms that enforce compliance with applicable data protection laws.

This list is subject to change, as the needs of the business change. For more information, please contact premier@numohq.com.

Numo currently uses the following Subprocessors:
Subprocessor
Service Provided
Location
Download our Data Processing Agreement
Download as PDF
A Data Processing Agreement, or DPA, is a contract necessary between an organization that provides data and the organization that receives this data to perform a service (hosting, email delivery, video conferencing, payment and billing, data analysis, etc.).
Our DPA will soon be available here.

Data Protection Agreement

This Data Protection Agreement (« Agreement ») is entered into between The New Money Company of San Francisco, Inc. and the undersigned Customer identified in the applicable Appendix I at Controller section and the signature block below (« Customer ») as of the last date beneath Customer’s and The New Money Company of San Francisco, Inc.’s signature blocks below (« Addendum Effective Date »). This Agreement forms part of the agreement between Customer and The New Money Company of San Francisco, Inc. covering Customer’s use of the Services (as defined below).

Clause 1: Purpose and scope 

(a)    The purpose of this Agreement is to ensure compliance with Article 28(3) and (4) of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data.

(b)    The controllers and processors listed in Appendix I have agreed to these Clauses in order to ensure compliance with Article 28(3) and (4) of Regulation (EU) 2016/679. 

(c)    These Clauses apply to the processing of personal data as specified in Appendix II.

(d)    Appendixes I to III are an integral part of the Clauses.

(e)    These Clauses are without prejudice to obligations to which the Customer is subject by virtue of Regulation (EU) 2016/679. 

(f)    These Clauses do not by themselves ensure compliance with obligations related to international transfers in accordance with Chapter V of Regulation (EU) 2016/679. They are herein completed by Standard Contractual Clauses for personal data transfers outside the European Union/European Economic Area (EU/EEA) if needed.

Clause 2: Invariability of the Clauses 

(a)    The Parties undertake not to modify the Clauses, except for adding information to the Appendixes or updating information in them. 

(b)    This does not prevent the Parties from including these Clauses in a broader contract, or from adding other clauses or additional safeguards provided that they do not directly or indirectly contradict  the Clauses or detract from the fundamental rights or freedoms of data subjects.

Clause 3: Interpretation

(a)    Where these Clauses use the terms defined in Regulation (EU) 2016/679, those terms have the same meaning as in that Regulation.

(b)    These Clauses must be read and interpreted in the light of the provisions of Regulation (EU) 2016/679.

(c)    These Clauses are not to be interpreted in a way that runs counter to the rights and obligations provided for in Regulation (EU) 2016/679 or in a way that prejudices the fundamental rights or freedoms of the data subjects.

Clause 4: Hierarchy

In the event of a contradiction between these Clauses and the provisions of related agreements between the Parties existing at the time when these Clauses are agreed or entered into thereafter, these Clauses will prevail.

Clause 5: Docking clause

(a)    Any entity that is not a Party to these Clauses may, with the agreement of all the Parties, accede to these Clauses at any time as a controller or a processor by completing the Appendixes and signing Appendix I.

(b)    Once the Appendixes in (a) are completed and signed, the acceding entity will be treated as a Party to these Clauses and have the rights and obligations of a controller or a processor, in accordance with its designation in Appendix I.

(c)    The acceding entity will have no rights or obligations resulting from these Clauses from the period prior to becoming a Party.

Clause 6: Description of processing(s)

The details of the processing operations, in particular the categories of personal data and the purposes of processing for which the personal data is processed on behalf of the Customer, are specified in Appendix II.

Clause 7: Roles of the Parties 

7.1. Instructions

(a)    The New Money Company of San Francisco, Inc. processes personal data only on documented instructions from the Customer, unless required to do so by Union or Member State law to which The New Money Company of San Francisco, Inc. is subject. In this case, The New Money Company of San Francisco, Inc. will inform the Customer of that legal requirement before processing, unless the law prohibits this on important grounds of public interest. Subsequent instructions may also be given by the Customer throughout the duration of the processing of personal data. These instructions are always to be documented.

(b)    The New Money Company of San Francisco, Inc. immediately informs the Customer if, in The New Money Company of San Francisco, Inc.’s opinion, instructions given by the Customer infringe Regulation (EU) 2016/679 or the applicable Union or Member State data protection provisions.

7.2. Purpose limitation

The New Money Company of San Francisco, Inc. processes the personal data only for the specific purpose(s) of the processing, as set out in Appendix II, unless it receives further instructions from the Customer.

7.3. Duration of the processing of personal data

Processing by The New Money Company of San Francisco, Inc. only takes place for the duration specified in Appendix II. 

7.4. Security of processing

(a)    The New Money Company of San Francisco, Inc. implements the technical and organizational measures specified in Appendix III to ensure the security of the personal data. This includes protecting the data against a breach of security leading to accidental or unlawful destruction, loss, alteration, unauthorized disclosure or access to the data (personal data breach). In assessing the appropriate level of security, the Parties shall take due account of the state of the art, the costs of implementation, the nature, scope, context and purposes of processing and the risks involved for the data subjects. 

(b)    No provision of this Agreement includes the right to, and Customer may not, directly or indirectly, enable any person or entity other than authorized users to access or use the Services, or use (or permit others to use) the Services other than as described in the applicable Agreement.

(c)    The New Money Company of San Francisco, Inc. grants access to the personal data undergoing processing to members of its personnel only to the extent strictly necessary for implementing, managing and monitoring the contract. The New Money Company of San Francisco, Inc. ensures that persons authorized to process the personal data received have committed themselves to confidentiality or are under an appropriate statutory obligation of confidentiality. 

7.5. Sensitive data

(a)    If the processing involves personal data revealing racial or ethnic origin, political opinions, religious or philosophical beliefs, or trade union membership, genetic data or biometric data for the purpose of uniquely identifying a natural person, data concerning health or a person’s sex life or sexual orientation, or data relating to criminal convictions and offences (“sensitive data”), The New Money Company of San Francisco, Inc. applies specific restrictions and/or additional safeguards.

(b)    Without limiting its responsibilities under this Agreement, Customer is responsible for ensuring that no sensitive data is submitted to The New Money Company of San Francisco, Inc. when not necessary for the processing activities available in Appendix II.

7.6 Compliance with documented instructions

(a)    The Parties are able to demonstrate compliance with these Clauses.

(b)    The New Money Company of San Francisco, Inc. deals promptly and adequately with inquiries from the Customer about the processing of data in accordance with these Clauses.  

7.7 Audit

(a)    Upon request, The New Money Company of San Francisco, Inc. makes available to the Customer all information necessary to demonstrate compliance with the obligations that are set out in these Clauses and stem directly from Regulation (EU) 2016/679. At the Customer’s request, The New Money Company of San Francisco, Inc. also permits and contributes to audits of the processing activities covered by these Clauses.

(b)    For any intended audit or inspection, the Customer undertakes to notify The New Money Company of San Francisco, Inc. by providing a reasonable prior written notice at least fourteen (14) business days before the audit or the inspection.

(c)    The Customer may choose to conduct the audit by itself or mandate an independent auditor. In deciding on a review or an audit, the Customer may take into account relevant certifications held by The New Money Company of San Francisco, Inc..

(d)    The Parties makes the information referred to in this Clause, including the results of any audits, available to the competent supervisory authority/ies on request.

7.8. General authorization for the use of sub-processors

(a)    The New Money Company of San Francisco, Inc. has the Customer’s general authorization for the engagement of sub-processors from an agreed list available below in Appendix II.

(b)    The New Money Company of San Francisco, Inc. will endeavor to give the Customer written notice of any intended changes of that list through the addition or replacement of sub-processors at least thirty (30) days in advance, thereby giving the Customer fifteen (15) days to object on reasonable grounds to such changes prior to the engagement of the concerned sub-processor(s) by sending an email to premier@numohq.com.

(c)    The Customer acknowledges that certain sub-processors are essential to providing the Services and that objecting to the use of a sub-processor may prevent The New Money Company of San Francisco, Inc. from offering the Services to the Customer. If the Customer does not object to the engagement of a sub-processor in accordance within fifteen (15) days of notice by The New Money Company of San Francisco, Inc., that sub-processor will be deemed an authorised sub-processor for the purposes of this Agreement. 

(d)    Where The New Money Company of San Francisco, Inc. engages a sub-processor for carrying out specific processing activities (on behalf of the Customer), it will do so by way of a contract which imposes on the sub-processor, in substance, the same data protection obligations as the ones imposed on The New Money Company of San Francisco, Inc. in accordance with these Clauses. The New Money Company of San Francisco, Inc. will ensure that the sub-processor complies with the obligations to which The New Money Company of San Francisco, Inc. is subject pursuant to these Clauses and to Regulation (EU) 2016/679.

(e)    At the Customer’s request, The New Money Company of San Francisco, Inc. provides a copy of such a sub-processor agreement and any subsequent amendments to the Customer. To the extent necessary to protect business secret or other confidential information, including personal data, The New Money Company of San Francisco, Inc. may redact the text of the agreement prior to sharing the copy.

(f)    The New Money Company of San Francisco, Inc. remains fully responsible to the Customer for the performance of the sub-processor’s obligations in accordance with its contract with The New Money Company of San Francisco, Inc.. The New Money Company of San Francisco, Inc. will notify the Customer of any failure by the sub-processor to fulfill its contractual obligations.

7.9. Personal data transfers outside the EU/EEA

(a)    Any transfer of personal data to a country or an international organization outside the EU/EEA by The New Money Company of San Francisco, Inc. is operated only on the basis of performing the services for and to the Customer or in order to fulfill a specific requirement under Union or Member State law to which The New Money Company of San Francisco, Inc. is subject and shall take place in compliance with Chapter V of Regulation (EU) 2016/679.

(b)    If the storage and/or processing of Personal Data as described in Appendix II involves a transfer of personal data to The New Money Company of San Francisco, Inc. outside of the EU/EEA, and Regulation (EU) 2016/679 applies to the transfer, then Standard Contractual Clauses for the transfer of personal data to third countries (hereinafter “SCCs”) are to be incorporated into and form a part of this Agreement in accordance.

(c)    The Customer agrees that where The New Money Company of San Francisco, Inc. engages a sub-processor in accordance with Clause 7.7. for carrying out specific processing activities (on behalf of the Customer) and those processing activities involve a transfer of personal data within the meaning of Chapter V of Regulation (EU) 2016/679, The New Money Company of San Francisco, Inc. and the sub-processor can ensure compliance with Chapter V of Regulation (EU) 2016/679 by, in particular:

  1. implementing appropriate safeguards such as SCCs adopted by the Commission in accordance with Article 46(2) of Regulation (EU) 2016/679, provided the conditions for the use of those SCCs are met, or

  2. being subject to binding corporate rules in accordance with Article 47 of Regulation (EU) 2016/679, or

  3. ensuring that such transfer is covered by a decision of adequacy by the European Commission in accordance with Article 45 of Regulation (EU) 2016/679, or

  4. complying to the derogations for specific situations in accordance with Article 49 of Regulation (EU) 2016/679.

Clause 8: Assistance to the Customer 

8.1 Data subjects rights

(a)    The New Money Company of San Francisco, Inc. promptly notifies the Customer of any request it has received from the data subject. It will not respond to the request itself, unless authorized to do so by the Customer.

(b)    The New Money Company of San Francisco, Inc. assists the Customer in fulfilling its obligations to respond to data subjects’ requests to exercise their rights, taking into account the nature of the processing. In fulfilling its obligations in accordance with (a) and (b), The New Money Company of San Francisco, Inc. complies with the Customer’s instructions.

8.2 Cooperation with the Customer

The New Money Company of San Francisco, Inc. furthermore assists the Customer in ensuring compliance with the following obligations, taking into account the nature of the data processing and the information available to The New Money Company of San Francisco, Inc.:

(a)    the obligation to carry out an assessment of the impact of the envisaged processing operations on the protection of personal data (a ‘data protection impact assessment’) where a type of processing is likely to result in a high risk to the rights and freedoms of natural persons;

(b)    the obligation to consult the competent supervisory authority/ies prior to processing where a data protection impact assessment indicates that the processing would result in a high risk in the absence of measures taken by the Customer to mitigate the risk;

(c)    the obligation to ensure that personal data is accurate and up to date, by informing the Customer without delay if The New Money Company of San Francisco, Inc. becomes aware that the personal data it is processing is inaccurate or has become outdated;

(d)    the obligations under Article 32 Regulation (EU) 2016/679.

Clause 9: Notification of personal data breach

In the event of a personal data breach concerning data processed by The New Money Company of San Francisco, Inc., The New Money Company of San Francisco, Inc. notifies the Customer without undue delay after having become aware of the breach. Such notification shall contain, at least:

(a)    a description of the nature of the breach (including, where possible, the categories and approximate number of data subjects and data records concerned);

(b)    the details of a contact point where more information concerning the personal data breach can be obtained;

(c)    its likely consequences and the measures taken or proposed to be taken to address the breach, including to mitigate its possible adverse effects.

Where, and insofar as, it is not possible to provide all this information at the same time, the initial notification will contain the information then available and further information will, as it becomes available, subsequently be provided without undue delay.

The New Money Company of San Francisco, Inc. cooperates with and assists the Customer for the Customer to comply with its obligations under Articles 33 and 34 Regulation (EU) 2016/679, where applicable, taking into account the nature of processing and the information available to The New Money Company of San Francisco, Inc..

Clause 10: Non-compliance with the Clauses and termination

10.1 Suspension of the processing activity

(a)    Without prejudice to any provisions of Regulation (EU) 2016/679, in the event that The New Money Company of San Francisco, Inc. is in breach of its obligations under these Clauses, the Customer may instruct The New Money Company of San Francisco, Inc. to suspend the processing of personal data until the latter complies with these Clauses or the contract is terminated. The New Money Company of San Francisco, Inc. promptly informs the Customer in case it is unable to comply with these Clauses, for whatever reason.

(b)    The Customer shall be entitled to terminate the contract insofar as it concerns processing of personal data in accordance with these Clauses if:

(1)    the processing of personal data by The New Money Company of San Francisco, Inc. has been suspended by the Customer pursuant to point (a) and if compliance with these Clauses is not restored within a reasonable time and in any event within one month following suspension;

(2)    The New Money Company of San Francisco, Inc. is in substantial or persistent breach of these Clauses or its obligations under Regulation (EU) 2016/679 ; 

(3)    The New Money Company of San Francisco, Inc. fails to comply with a binding decision of a competent court or the competent supervisory authority/ies regarding its obligations pursuant to these Clauses or to Regulation (EU) 2016/679.

(c)    The New Money Company of San Francisco, Inc. shall be entitled to terminate the contract insofar as it concerns processing of personal data under these Clauses where, after having informed the Customer that its instructions infringe applicable legal requirements in accordance with Clause 7.1 (b), the Customer insists on compliance with the instructions.

10.2 Destruction or return of the Customer’s personal data

Following termination of the Services, The New Money Company of San Francisco, Inc., at the choice of the Customer, deletes all personal data processed on behalf of the Customer and certify to the Customer that it has done so on request, or, returns all the personal data to the Customer and deletes existing copies unless Union or Member State law requires storage of the personal data. Until the data is deleted or returned, The New Money Company of San Francisco, Inc. shall continue to ensure compliance with these Clauses. 

Appendix I: List of parties

Controller(s): [Identity and contact details of the Customer(s), and, where applicable, of the Customer’s data protection officer]

1. Name: __________

Address: __________

Contact person’s name, position and contact details: __________

Signature: __________

Accession date: __________

Processor(s):

1. Name: The New Money Company of San Francisco, Inc.

Address: 2261 Market Street STE 5901 , 94114 San Francisco, CA, United States

Contact person’s name, position and contact details: Q. Carlson, Co-founder, CPO (q@gofermata.com)

Signature: __________

Accession date: __________

Appendix II: Description of the processing

Categories of data subjects whose personal data is processed:

Categories of personal data processed:

Nature of the processing:

Purpose(s) for which the personal data is processed on behalf of the Customer:

Duration of the processing:

Processing activityRetention period

For processing by (sub-) processors, also specify subject matter, nature and duration of the processing:

SubprocessorProcessingCountryPrivacy contact

Appendix III: Technical and organizational measures including technical and organizational measures to ensure the security of the data and assistance to the customer

A: Security measures taken by The New Money Company of San Francisco, Inc.

Measures for user identification and authorisation
  • Unique identifier per user
  • Prohibition of shared accounts
  • Strong password policy
  • Logical access restriction
  • SSO authentication
  • Multi-factor authentication
  • Access on a need-to-know basis
  • Regular access review
Measures for ensuring events traceability
  • User access journaling
  • System access & attempts log
  • Security event logging
Measures for certification/assurance of processes and products
  • Software security updates
      Measures of pseudonymisation and encryption of personal data
      • HTTPS encryption in transit
      • TLS 1.2 or 1.3 used in transit
            Measures for internal IT and IT security governance and management
            • Employees confidentiality obligations
              Measures for allowing data portability and ensuring erasure
              • Secured data erasure
              • Secured device destruction

              The New Money Company of San Francisco, Inc. may update or modify such measures from time to time, provided that such updates and modifications do not materially decrease the overall security of the Service.

              B: Security measures taken by sub-processors

              SubprocessorSecurity commitment



              Standard Contractual Clauses

              For the purposes of these Standard Contractual Clauses for the transfer of personal data to third countries pursuant to the European Commission’s decision (EU) 2021/914 of 4 June 2021 (hereinafter “SCCs”) available at https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32021D0914&from=EN, the Customer is the controller of the personal data received and The New Money Company of San Francisco, Inc. is the processor of such data.

              For the purposes of the SCCs, the following shall apply:

              (a)    Module Two (Controller to Processor) will apply;

              (b)    Each Party agrees to be bound by and comply with its obligations in its role as exporter and importer respectively as set out in the SCCs;

              (c)    Clause 7 (Docking clause) shall be deemed as included;

              (d)    Clause 9 (a) (Use of sub-processors): Option 2 “General written authorization” will apply as set out in Clause 7.7 of this Agreement.

              (e)    Clause 11 (Redress: optional clause of redress mechanism before an independent dispute resolution body) shall be deemed as not included;

              (f)    Clause 13 (a) (Supervision): The supervisory authority with responsibility for ensuring compliance by the data exporter with Regulation (EU) 2016/679 as regards the data transfer, as indicated in Annex I.C, shall act as competent supervisory authority;

              (g)    Clause 17 (Governing law): The Parties agree that this shall be the law to which the data exporter is subject.

              (h)    Clause 18 (b) (Choice of forum and jurisdiction): The Parties agree that any dispute between them arising from the SCCs shall be resolved by the courts of the country where the data exporter is established.

              Annex I

              A. List of parties

              The New Money Company of San Francisco, Inc. is the “data importer” and the Customer is the “data exporter” as set out in this Agreement.

              B. Description of transfer

              As described in the Appendix II of this Agreement.

              C. Competent Supervisory Authority

              The SCCs shall be governed by the law of the EU Member State in which the Customer is established.

              Annex II - Technical and organizational measures including technical and organizational measures to ensure the security of the data

              As listed in the Appendix III of this Agreement.

              Annex III – List of sub-processors

              As listed in the Appendix II of this Agreement.

              Data Request Forms

              In accordance with Articles 12 to 23 of GDPR, you have control over your personal data. You can request from us to exercise any right (access, modify or delete) them under a month delay.
              Request access
              Receive a copy of your personal data we process.
              Request rectification
              Obtain the modification of your personal data if it is obsolete, inaccurate or incomplete.
              Object to the processing of your personal data
              You can object to the processing of your personal data for the following reasons:
              Right to restriction of processing
              You can request to restrict the processing during a limited period of time for the following reasons:
              Withdraw consent
              you can opt-out from a consent already given, without this withdrawal affecting the lawfulness of the processing operations already carried out.
              Request erasure
              you can ask us to delete your personal information for the following reasons:
              Request the transfer of your personal data
              when technically feasible, you can request the transmission of your data to a third party. It applies only if it fulfils all the following conditions: