Privacy Policy
Last Updated: 05/03/2025
Welcome to RAPIDLEND LTD ("Company," "we," "us," or "our"). Your privacy is important to us, and we are committed to protecting the personal information you share with us. This Privacy Policy describes how we collect, use, and safeguard your information when you use our platform that connects lenders and borrowers (the "Services").
1. Information We Collect
We may collect the following types of information:
- Personal Information: Name, email address, phone number, government-issued ID, and other identifying details.
- Financial Information: Income details, credit history, and bank account information.
- Usage Data: IP address, browser type, device information, and usage behavior on our platform.
- Lender and Borrower Information: Loan preferences, repayment history, and transaction details.
2. How We Use Your Information
We use the collected information to:
- Facilitate connections between borrowers and lenders.
- Verify identities and conduct fraud prevention checks.
- Improve our Services and enhance user experience.
- Communicate important updates, offers, and notifications.
- Comply with legal and regulatory obligations.
3. Sharing of Information
We may share your information with:
- Lenders: To facilitate loan matchmaking and transactions.
- Service Providers: Third-party partners who assist with platform operations, fraud detection, and payment processing.
- Regulatory Authorities: When required by law or to comply with legal obligations.
- Business Partners: In case of mergers, acquisitions, or partnerships.
4. Data Security
We implement industry-standard security measures to protect your data from unauthorized access, disclosure, or alteration. However, no method of transmission over the internet is 100% secure, and we cannot guarantee absolute security.
5. User Rights and Choices
You have the right to:
- Access, update, or delete your personal information.
- Opt-out of marketing communications.
- Request a copy of the information we hold about you.
To exercise these rights, please contact us at: info@rapidlend.co.ke
6. Cookies and Tracking Technologies
We use cookies and similar technologies to enhance user experience and analyze platform performance. You can control cookie preferences through your browser settings.
7. Third-Party Links
Our platform may contain links to third-party websites. We are not responsible for their privacy practices and encourage users to review their policies before providing any personal information.
8. Changes to this Privacy Policy
We may update this Privacy Policy from time to time. Changes will be posted on this page, and continued use of our Services constitutes acceptance of the revised policy.
9. Contact Us
For any questions or concerns regarding this Privacy Policy, please contact us at:
RAPIDLEND LTD
info@rapidlend.co.ke
By using our platform, you acknowledge that you have read and understood this Privacy Policy and agree to the collection, use, and sharing of your information as described herein.