Privacy Policy

Effective date: 27th July, 2023

Next Capital Limited (“us”, “we”, or “our”) is the owner of the iInvest website and mobile application (collectively known as the “Service”). This page outlines our policies regarding the collection, use, and disclosure of personal data when you use our Service and the choices you have associated with that data. Next Capital Limited is committed to protecting your privacy and we understand you want to keep your information private, safe and discrete. This Privacy Policy is designed to help you decide whether to use the Service and in what manner, and it describes how we collect, store and use information on individuals who use the Service.

Consent to Use Information

This Privacy Policy serves as a legally binding agreement between you (referred to as “you” or “user”) and Next Capital Limited. By accessing or using our website or app, or providing information to us in any other format, you acknowledge and agree to the terms outlined in this Privacy Policy. You also consent to the collection and utilization of information as described in this Policy. We reserve the right to modify, remove, or add to this Privacy Policy at any time. To stay updated on any changes, please refer to the “Effective Date” section at the top of this document. Any revisions to the Privacy Policy will take effect once we post the updated version. Your continued use of our Services or provision of personal information after any changes signifies your acceptance of the updated Policy.

IF YOU DO NOT AGREE TO THE TERMS OF THIS PRIVACY POLICY, PLEASE STOP USING THE SERVICE IMMEDIATELY AND WHERE RELEVANT UNINSTALL.

ALONG WITH THIS POLICY, PLEASE REVIEW OUR TERMS AND CONDITIONS, WHICH ARE INCLUDED BELOW, AS WELL AS ANY OTHER POLICIES WE MAY NOTIFY YOU ABOUT FROM TIME TO TIME.

Information Collection and Use

We collect different types of information for various purposes to provide and improve our Service to you:

Information We Collect

We collect two types of data and information from you:

(1) Non-Personal Information – We retain some non-personally identifiable information (“Non-Personal Information”), such as, but not limited, your approximate your web request, browser type, browser language, web pages you visit before or after visiting our Website or using the App, URLs, platform type, click numbers, and landing pages. This information is collected and retained for security reasons and so that we can audit and statistically track usage, audit our affiliates, and calculate payments to third parties. We may also collect information in connection with our ad campaigns that surfaced on other platforms, such as the ads you clicked on and other interactions with our ads. We may also use online ad services to display advertisements that may collect data to better target users with relevant ads and to track and monitor the use of our Service. It may also use the collected data to contextualize and personalize the ads of its own advertising network.

(2) Personal Information – “Personal Information” is information that may be of a private or sensitive nature, including, but not limited to, your name, phone number, e-mail address, payment information and IP address. This information is collected when you create an account (“Account”) on the App which is required to access parts of the Service: your full name, email address, password.

As an alternative, you can also create an Account using your credentials with a designated third party website or service such as Facebook, Google+ or Twitter (“Third Party Account”). If you link, connect, or log in to your Account with a third-party service, the third-party service may send us information such as your profile information from that service. This information varies and is controlled by that service or as authorized by you via your privacy settings at that service.

We collect and process the Personal Information referred to above, where applicable, on your consent, where the processing is necessary for the performance of a contract between you and the Company or where the processing is necessary for the purpose of fulfilling a legitimate interest pursued by us.

How we Use your Information

Next Capital Limited may use the collected data for various purposes:

Maintain and provide the Service, including to process account applications, authenticate your identity, repair our Services, support, process and record transactional information, and handle billing and account management;
Send you transactional or relationship information, including confirmations, invoices, technical notices, customer support responses, software updates, security alerts, support and administrative messages, and information about your transactions;
Engage in communication with you regarding offers and other topics we believe will be of interest to you, such as newsletters, product announcements, partner offerings, surveys, contests or sweepstakes, events or announcements;
Personalize our Service, such as by suggesting content or customizing content or ads we show you;
Monitor and improve our Services, including analyzing usage, research and development;
Facilitate contests, sweepstakes, and promotions and process and deliver entries and rewards;
Assist in safeguarding the safety and security of our Services, business, and users, such as to investigate and help prevent fraud or other unlawful activity;
Protect or exercise our legal rights or defend against legal claims, including to enforce and carry out contracts and agreements; and
Comply with applicable laws and legal obligations, such as compliance obligations associated with being a regulated broker-dealer and compliance obligations associated with being a money services business.

Transfer of Information

Your information may be transferred to — and maintained on — computers located outside of your state, province, country or other governmental jurisdiction where the data protection laws may differ from those from your jurisdiction. If you are using our Services from another jurisdiction, your information may be processed in Pakistan or other countries that may not provide levels of data protection that are equivalent to those of your home jurisdiction.

Disclosures of Information

Next Capital Limited may disclose your data in the good faith belief that such action is necessary. We share information about you in the instances described below:

Authorized third-party vendors and service providers. We share information about you with third-party vendors and service providers who perform services for us, such as identification verification, fraud prevention, advertising, mailing services, tax and accounting services, contest fulfillment, web hosting, and analytics services.
Next Capital Limited affiliates. Where appropriate, we share information about you with other companies owned or controlled by Next Capital Limited. These companies will process any information shared in the same manner as described under this Privacy Policy.
Substantial corporate transactions. We may share information about you in connection with a substantial corporate transaction, a merger, consolidation, reorganization, financing, change in control or acquisition of all or a portion of our business by a third party, or in the unlikely event of a bankruptcy or similar proceeding.
Legal purposes. We disclose information about you if we believe that disclosure is in accordance with, or required by, any applicable law or legal process or to protect and defend the rights, interests, safety, and security of Next Capital Limited, our users, or the public.
With your consent. We share information about you for any other purposes disclosed to you with your consent..

We share information with others in an aggregated or otherwise de-identified form that does not reasonably identify you.

Security of Information

We treat your Information in strict confidentiality, and the server in which this data is to be stored includes the necessary industry-standard security measures to prevent accidental or unlawful destruction, loss, alteration, unauthorized disclosure or access. However, we cannot completely guarantee the security of your information, which might be accessed, disclosed, modified, or destroyed, and it should be emphasized that you share this information at your own risk.

Service Providers

We may employ third party companies and individuals to facilitate our Service (“Service Providers“), to provide the Service on our behalf, to perform Service-related services or to assist us in analyzing how our Service is used. We may choose to share your Information with (i) third parties which provide services to the Company in order to allow or enable us to provide you with our Service, including analytics, email services providers, payment providers, and data verifiers; (ii) third parties who provide the Company services in relation to the operation of the Website and App; (iii) any auditors, contractors or other advisers auditing any of the Company’s business processes; and (iv) any potential purchasers or investors in the Company.

These third parties have access to your data only to perform tasks on our behalf and are obligated not to disclose or use it for any other purpose.

Links to Third Party Sites

This Privacy Policy specifically applies to our Service. It does not extend to any third-party websites or services that may be linked to our Website or App. These third-party websites or services operate under their own privacy policies, which we strongly recommend you carefully review. The inclusion of a link to a third-party website or service does not indicate our endorsement or recommendation of that particular website or service. It is possible that these third-party sites may contain illegal or offensive content or offer services that some individuals may find inappropriate. Prior to using any third-party sites or services, including making purchases, we strongly advise you to thoroughly read and understand their privacy policies, terms and conditions, as well as any warranties for purchased products. By choosing to use these third-party sites, you are knowingly and voluntarily assuming all associated risks.

You acknowledge and agree that we hold no liability whatsoever for any issues or consequences arising from your use of these third-party sites. We have no control over and disclaim any responsibility for the content, privacy policies, or practices of any third-party sites or services.

User Rights and Retention

You have the right to access, correct, update or object to the use of your Information by submitting a verifiable consumer request to our email address: [email protected] or through the Contact Us section on our Website and App or to our physical address in the “Contact Us” section below. Your requests will be dealt with in a prompt and professional manner and in accordance with the applicable law.

Children's Privacy

Our Service does not address anyone under the age of 13 (“Children“). We do not knowingly collect personally identifiable information from anyone, including children under the age of 13. If you are a parent or guardian and you are aware that your Children have 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.

Assignment

In accordance with applicable law, your information may be transferred or assigned to a third party without prior notice or the requirement of your consent, in the event of a change of control, consolidation, merger, acquisition, or reorganization. It is important to note that in situations such as bankruptcy, insolvency, or receivership, we may not have control over the usage and transfer of your Personal Information.

Changes to this Policy

We may update our Privacy Policy from time to time and when we update it, we will revise the “Effective Date” above and post the new Policy and, in some cases, we provide additional notice (such as adding a statement to our website or sending you a notification).

You are advised to review this Privacy Policy periodically for any changes as you continue to use our Services. Changes to this Privacy Policy are effective when they are posted on this page.

Contact Us

If you have any questions about this Privacy Policy, please contact us at:

Email: [email protected]
Address: Next Capital Limited Ltd., 2nd Floor Imperial Court Building, Dr. Ziauddin Ahmed Road, Karachi, Pakistan