Mider Finance — Privacy Policy
Effective Date: [15/3/2023]
Last Updated: [07/5/2025]
Introduction
Welcome to Mider Finance (“Mider Finance”, “we”, “our”, or “us”).
Your privacy is important to us. This Privacy Policy explains how we collect, use, store, and protect your personal information when you use our website, mobile application, and related financial services (collectively, the “Services”).
By using our Services, you agree to this Privacy Policy and the processing of your information as described below.
Information We Collect
We collect information to provide and improve our Services. This includes:
a. Information You Provide
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Full name, date of birth, and contact details
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Email address and phone number
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Residential or business address
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Government-issued identification (for KYC verification)
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Banking and payment information (including USD account details)
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Communications with our support team
b. Information Collected Automatically
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IP address, browser type, and device identifiers
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Usage data such as page visits, session duration, and clicks
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Location data (when enabled)
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Cookies and similar tracking technologies
c. Information from Third Parties
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Identity verification providers
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Banking and payment partners
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Credit and fraud prevention agencies
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Public databases or compliance services
How We Use Your Information
We process your data for the following purposes:
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To create and manage your Mider Finance account
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To verify your identity and comply with legal (KYC/AML) requirements
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To process transactions and generate virtual USD accounts
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To improve and personalize our Services
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To communicate with you about your account and product updates
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To detect and prevent fraud, unauthorized access, or security issues
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To comply with applicable financial, tax, and legal obligations
Legal Basis for Processing
We process your personal data based on one or more of the following legal grounds:
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Contractual necessity — to provide our Services to you
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Legal obligation — to comply with financial and AML regulations
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Legitimate interest — to improve our platform and prevent misuse
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Consent — where required (e.g., marketing communications)
Data Sharing and Disclosure
We do not sell or rent your personal information.
We may share your data with:
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Licensed banking and payment partners
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KYC/AML verification providers
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Regulatory authorities when legally required
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Service providers (e.g., cloud hosting, analytics, email systems) under strict confidentiality agreements
All third parties are required to protect your data in compliance with GDPR and other applicable data protection laws.
Data Security
We implement advanced encryption, firewalls, and strict access control measures to protect your information.
While we strive for maximum security, no system is completely immune to unauthorized access. You are responsible for safeguarding your login credentials.
Data Retention
We retain personal data only for as long as necessary to:
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Fulfill the purposes outlined in this policy
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Comply with legal and regulatory obligations (e.g., AML retention requirements)
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Resolve disputes and enforce agreements
Afterward, your data is securely deleted or anonymized.
Your Rights
Depending on your location, you may have the following rights:
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Access — Request a copy of your personal data
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Rectification — Correct inaccurate or incomplete data
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Erasure — Request deletion of your data (“right to be forgotten”)
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Restriction — Limit how we process your data
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Portability — Request transfer of your data to another provider
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Objection — Opt out of certain processing activities
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Withdraw consent — Where processing is based on consent
To exercise your rights, contact us at:
📧 privacy@getmider.com