Privacy Policy

This data privacy policy describes your privacy rights regarding IUSTUS, an APP which belongs to IUSTUS (“we”, “us” or “our”) collection, use, storage, sharing and protection of your personal information. It applies to our website and all related sites, applications, services and tools regardless of how you access or use them.

This Data privacy policy (the “Privacy Policy”) will help you understand how we use your information and what we do with it. However, this Privacy Policy does not apply to services that are not owned or controlled by IUSTUS, including third-party websites and the services of other IUSTUS’s merchants. Our goal is to handle personal data provided to us in compliance with applicable data privacy and protection laws.

This Privacy Policy applies to all forms of systems, operations and processes within the IUSTUS environment that involve the collection, storage, use, transmission and disposal of Personal Information.

We respect the privacy of our online visitors and registered users (“Users”) as such we will take reasonable steps to protect your information.

To use our website or any of our products or services, your consent is required for the use of your data as described in this Privacy Policy.

The App of IUSTUS belongs to IUSTUS, we provides an online lending platform to Users.This Privacy Policy is intended to set certain standards across the operations of IUSTUS payment limited.

We may need to update, modify or amend our Privacy Policy as our technology evolves and as required by law. We reserve the right to make changes to this Privacy Policy from time to time and notify Users of material changes. The Privacy Policy will apply from the effective date provided on our website.

If a User objects to any of the changes to this Privacy Policy, the User must cease using this Site, or terminate their account in the event an account has been created.

Our website and services are not directed to children under 18. We do not knowingly collect information from children under 18. If as a parent or guardian, you become aware that your child or ward child has provided us with any information without your consent, please contact us through the details provided in this Privacy Policy.

As part of our operations, IUSTUS collects and processes certain types of information, including but not limited to:

a.Email address

b.First name and last name

c.Phone number

d.Address, State, Province, ZIP/Postal code, City

e.Usage Data

f.Bank Verification Number (BVN)

g.National Identification Number (NIN)

h.additional information about you to help us get to know you better, such as your gender, age, date of birth, nationality, professional associations and registration numbers

i.comments, questions, requests and orders you may make

j.financial information needed to process loans and payments, such as credit card or account information or other banking information

k.information regarding your location

l.Information from your Device's phone book (contacts list)

While using Our Application, in order to provide features of Our Application, we may collect, with your prior permission:

a. Mobile phone(device).Collect and monitor specific information about your device including your device name, model, region and language settings, device identification code, device hardware, and software information, status, usage habits, unique device identifiers like IMEI and serial number to uniquely identify the device and ensure that unauthorized devices are not to act on your behalf to prevent frauds.

b. Contacts. We will collect all your phone book contacts when you give us address book permissions, including their phone contact name, phone number, contact addition date. The purpose of the collection is to establish your credit files by analyzing your phonebook and to increase the way to contact you. In addition, this allows you to select your preferences in your loan application and the information will be used for anti-fraud services. Contact information will be encrypted and uploaded to our server, but we will not sell, trade, or rent your contact information to any third party.

c. Media. Identify your uploaded pictures, through the OCR technology to identify the pictures, improve the speed of user information review, improve user experience.

d. Location. Collect and monitor the location information of the equipment, including the longitude, latitude, location area, location area code, positioning mode, positioning time, and other position-related information of the user equipment;The purpose of collection: to score the user's credit and ensure the security of the user's account by monitoring the user's actual location information. For example, to verify the authenticity of user authentication information when users register for authentication; For security reasons, when users open the APP to log in, we need to judge the actual location of the user to confirm whether there is a risk to the user account, and timely notify the user in case of abnormalities to ensure the safety of user funds.Location information will also be uploaded to our servers encrypted and will not be shared with any third parties;

e. Application List.We will also read your application list, which will be used to identify the presence of malware and cheaters, so as to maintain the environment of the mobile phone system and the security of lending services. The application information will be encrypted and uploaded to our server for anti-fraud services and credit evaluation only. We will not sell, trade or rent your application list information to any third party.

f. Information about how you interact with us. IUSTUS may collect technical data about your use of the IUSTUS application and how you interact with our digital advertising and promotions. With your consent, IUSTUS uses cookies and similar technologies to collect this information.

We use this information to provide features of Our Service, to improve and customize Our Service. The information may be uploaded to the Company's servers and/or a Service Provider's server or it may be simply stored on Your device. You can enable or disable access to this information at any time, through Your Device settings.

These individuals include current, past and prospective employees, merchants, suppliers/vendors, customers of merchants, Users and other individuals whom IUSTUS communicates or deals with, jointly and/or severally (“Data Subject(s)”).

IUSTUS is firmly committed to complying with applicable data protection laws, regulations, rules and principles to ensure security of Personal Information handled by the Company.

a.provide you with the required services

b.pursue the repayment of loans made to you

c.to maintain up-to-date records

d.to attend and manage your requests to us

e.for the performance of a contract between us

f.to respond to your questions or requests

g.improve features, website content and analyse data to develop products and services

h.address inappropriate use of our website

i.prevent, detect and manage risk against fraud and illegal activities using internal and third party screening tools

j.send you marketing content, newsletters and service updates curated by IUSTUS, however, we will provide you with an option to unsubscribe if you do not want to hear from us

k.verify your identity and the information you provide in line with IUSTUS’s statutory obligations using internal and third party tools

l.resolve disputes that may arise, including investigations by law enforcement or regulatory bodies

m.any other purpose that we disclose to you in the course of providing IUSTUS services to you

n.for other purposes, such as data analysis, identifying usage trends, determining the effectiveness of our promotional campaigns and to evaluate and improve our Service, products, services, marketing and your experience.

a.share with service providers to monitor and analyze the use of our services, to contact you

b.share or transfer Your personal information in connection with, or during negotiations of, any merger, sale of assets, financing, or acquisition of all or a portion of our business to another company.

c.share Your information with our affiliates, in which case we will require those affiliates to honor this Privacy Policy. Affiliates include our parent company and any other subsidiaries, joint venture partners or other companies that We control or that are under common control with Us.

d.share Your information with our business partners to offer you certain products, services or promotions.

e.disclose your personal information for any other purpose with Your consent.

We may retrieve additional Personal Information about you from third parties and other identification/verification services such as your financial institution and payment processor.

With your consent, we may also collect additional Personal Information in other ways including emails, surveys, and other forms of communication. Once you begin using our services through your IUSTUS account we will keep records of your transactions and collect information of your other activities related to our services. We will not share or disclose your Personal Information with a third party without your consent except as may be required for the purpose of providing you with our services or under applicable legislations.

In providing you with the services, we may rely on third-party servers located in foreign jurisdictions from time to time, which as a result, may require the transfer or maintenance of your personally identifiable information on computers or servers in foreign jurisdictions. We will endeavour to ensure that such foreign jurisdictions have data protection legislation that is no less than the existing data protection regulations in force in Nigeria and your personally identifiable information is treated in a safe and secure manner.

IUSTUS collects Personal Information for identified purposes, and provision of loaning service, and for which consent has been obtained. Such Personal Information cannot be reused for another purpose that is incompatible with the original purpose, except consent is obtained for such purpose.

IUSTUS limits Personal Information collection and usage to data that is relevant, adequate, and absolutely necessary for carrying out the purpose for which the data is processed. IUSTUS will evaluate whether and to what extent the processing of Personal Information is necessary and where the purpose allows, anonymized data will be used.

We use cookies to identify you as a User and make your user experience easier, customise our services, content and advertising; help you ensure that your account security is not compromised, mitigate risk and prevent fraud; and to promote trust and safety on our website. Cookies allow our servers to remember IP addresses, date and time of visits, monitor web traffic and prevent fraudulent activities.

Our cookies never store personal or sensitive information; they simply hold a unique random reference to you so that once you visit the site we can recognize who you are and provide certain content to you.

If your browser or browser add-on permits, you have the choice to disable cookies on our website, however this may impact your experience using our website.

IUSTUS shall establish adequate controls in order to protect the integrity and confidentiality of Personal Information, both in digital and physical format and to prevent Personal Information from being accidentally or deliberately compromised.

IUSTUS is committed to managing your Personal Information in line with global industry best practices. We protect your Personal Information using physical, technical, and administrative security measures to reduce the risks of loss, misuse, unauthorized access, disclosure and alteration, we also use industry recommended security protocols to safeguard your Personal Information. Other security safeguards include but are not limited to data encryption, firewalls, and physical access controls to our building and files and only granting access to Personal Information to only employees who require it to fulfil their job responsibilities. Any Personal Information processing undertaken by an employee who has not been authorized to carry such out as part of their legitimate duties is unauthorized.

Employees may have access to Personal Information only as is appropriate for the type and scope of the task in question and are forbidden to use Personal Information for their own private or commercial purposes or to disclose them to unauthorized persons, or to make them available in any other way.

IUSTUS does not sell, trade or rent personal information to anyone. However, to enable us render our services to you on our website, we may share your information with trusted third parties, such third parties include financial institutions, payment processors verification services, sanctions screening and identity verification services as well as any third parties that you have directly authorized to receive your Personal Information.

Your Personal Information may be stored in locations outside the direct control of IUSTUS, for instance, on servers or databases co-located with hosting providers.

We may disclose your Personal Information in compliance with applicable law or a legal obligation to which we are bound.

The use of your information by such third party will be subject to their applicable privacy policy, which you should carefully review.

IUSTUS may engage the services of third parties in order to process the Personal Information of Data Subjects collected by the IUSTUS. The processing by such third parties shall be governed by a written contract with IUSTUS to ensure adequate protection and security measures are put in place by the third party for the protection of Personal Information in accordance with the terms of this Privacy Policy.

Where Personal Information is to be transferred to a country outside Nigeria, IUSTUS shall put adequate measures in place to ensure the security of such Personal Information. In particular, IUSTUS shall, among other things, confirm whether the country is on the National Information Technology Development Agency (“NITDA”) White List of Countries with adequate data protection laws.

a.The consent of the Data Subject has been obtained;

b.The transfer is necessary for the performance of a contract between IUSTUS and the Data Subject or implementation of pee-contractual measures taken at the Data Subject’s request;

c.The transfer is necessary to conclude a contract between IUSTUS and a third party in the interest of the Data Subject;

d.The transfer is necessary for reason of public interest;

e.The transfer is for the establishment, exercise or defense of legal claims;

f.The transfer is necessary in order to protect the vital interests of the Data Subjects or other persons, where the Data Subject is physically or legally incapable of giving consent.

g.IUSTUS will take all necessary steps to ensure that Personal Information is transmitted in a safe and secure manner. Details of the protection given when your Personal Information is transferred outside Nigeria shall be provided to you upon request.

Processing of Personal Information by IUSTUS shall be lawful if at least one of the following applies:

a.the Data Subject has given consent to the processing of his/her Personal Information for one or more specific purposes;

b.the processing is necessary for the performance of a contract to which the Data Subject is party or in order to take steps at the request of the Data Subject prior to entering into a contract;

c.processing is necessary for compliance with a legal obligation to which IUSTUS is subject;

d.processing is necessary in order to protect the vital interests of the Data Subject or of another natural person;

e.processing is necessary for the performance of a task carried out in the public interest or in exercise of official public mandate vested in IUSTUS.

For the purpose of this Privacy Policy, consent means any freely given, specific, informed and unambiguous indication of the Data Subject's wishes by which they, through a statement or a clear affirmative action, signify their agreement to the processing of Personal Information relating to them.

For the purpose of this Privacy Policy, consent means any freely given, specific, informed and unambiguous indication of the Data Subject's wishes by which they, through a statement or a clear affirmative action, signify their agreement to the processing of Personal Information relating to them.

Individuals who have Personal Information held by IUSTUS are entitled to reach out to IUSTUS to exercise the following rights:

a.Right to request for and access their Personal Information collected and stored. Where data is held electronically in a structured form, such as in a Database, the Data Subject has a right to receive that data in a common electronic format;

b.Right to information on their personal information collected and stored;

c.Right to objection or request for restriction;

d.Right to object to automated decision making;

e.Right to request rectification and modification of Personal Information which IUSTUS keeps;

f.Right to request for deletion of their data;

g.Right to request the movement of data from IUSTUS to a third party; this is the right to the portability of data;

h.Right to object to, and to request that IUSTUS restricts the processing of their information

Your request will be reviewed by IUSTUS’s Data Protection Officer and carried out except as restricted by law or IUSTUS’s statutory obligations. You may decline to provide your personal Information when it is requested by IUSTUS, however, certain services or all the services may be unavailable to you. You may review your account settings and update your Personal Information directly or by contacting us.

We will retain your information for as long as your account is active or as needed to provide our services to you, comply with our legal and statutory obligations or verify your information with a financial institution.

IUSTUS is statutorily obligated to retain the data you provide us with in order to process transactions, ensure settlements, make refunds, identify fraud and in compliance with laws and regulatory guidelines applicable to us, our banking providers and card processors.

Therefore, even after closing your IUSTUS account, we will retain certain Personal Information and transaction data to comply with these obligations. All Personal Information shall be destroyed by IUSTUS where possible. For all Personal Data and records obtained, used and stored by IUSTUS, we shall perform periodical reviews of the data retained to confirm the accuracy, purpose, validity and requirement to retain.

a.the contract terms agreed between IUSTUS and the Data Subject or as long as it is needed for the purpose for which it was obtained;

b.whether the transaction or relationship has statutory implication or a required retention period;

c.whether there is an express request for deletion of Personal Data by the Data Subject, provided that such request will only be treated where the Data Subject is not under any investigation which may require IUSTUS to retain such Personal Data or there is no subsisting contractual arrangement with the Data Subject that would require the processing of the Personal Data;

d.whether IUSTUS has another lawful basis for retaining that information beyond the period for which it is necessary to serve the original purpose.

If you have any questions relating to this Privacy Policy or would like to find out more about exercising your data protection rights, please reach out to our DPO via email at serviceiustus@gmail.com .

IUSTUS maintains a data breach procedure in order to deal with incidents concerning Personal Information or practices leading to the accidental or unlawful destruction, loss, alteration, unauthorized disclosure of, or access to, Personal Information transmitted, stored or otherwise processed.

You may contact our DPO upon becoming aware of any breach of Personal Information or if your access credentials have been compromised, to enable us to take the necessary steps towards ensuring the security of your Personal Information or account.