Privacy Policy

1. Introduction

Welcome to VelocityWanted ("Company," "we," "our," or "us"). We respect your privacy and are committed to protecting your personal data. This Privacy Policy informs you about how we look after your personal data when you visit our website (velocitywanted.com) and tell you about your privacy rights and how the law protects you.

By accessing or using our marketplace, you acknowledge that you have read, understood, and agree to our collection, storage, use, and disclosure of your personal information as described in this Privacy Policy.

2. Data We Collect

We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:

• Identity Data: includes first name, last name, username or similar identifier, and title.
• Contact Data: includes billing address, delivery address, email address, and telephone numbers.
• Financial Data: includes bank account and payment card details (processed securely by our third-party payment providers).
• Transaction Data: includes details about payments to and from you and other details of vehicles or services you have purchased from or sold through our platform.
• Profile Data: includes your username and password, vehicle stable, bounties staked, offers made, and chat negotiations.
• Technical Data: includes internet protocol (IP) address, your login data, browser type and version, time zone setting and location, browser plug-in types and versions, operating system and platform.

3. How We Use Your Data

We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:

• To register you as a new user or collector.
• To process and deliver your vehicle requests, offers, and facilitate communication between buyers (seekers) and sellers (scouts).
• To manage our relationship with you, including notifying you about changes to our terms or privacy policy.
• To enable you to partake in a bounty, negotiation, or complete a transaction.
• To administer and protect our business and this website (including troubleshooting, data analysis, testing, system maintenance, support, reporting, and hosting of data).
• To deliver relevant website content and advertisements to you and measure or understand the effectiveness of the advertising we serve to you.

4. Data Sharing and Third Parties

We may have to share your personal data with the parties set out below for the purposes set out in section 3 above:

• Other Users: When you stake a bounty or submit an offer, relevant Profile and Transaction Data will be shared with the counterparty to facilitate the transaction.
• Service Providers: IT and system administration services, payment processors (e.g., Stripe), and hosting providers (e.g., Google Cloud / Firebase).
• Professional Advisers: Including lawyers, bankers, auditors, and insurers.
• Regulators and Authorities: Entities that require reporting of processing activities in certain circumstances.

We require all third parties to respect the security of your personal data and to treat it in accordance with the law. We do not allow our third-party service providers to use your personal data for their own purposes and only permit them to process your personal data for specified purposes and in accordance with our instructions.

5. Data Security & Retention

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used or accessed in an unauthorized way, altered or disclosed. In addition, we limit access to your personal data to those employees, agents, contractors, and other third parties who have a business need to know.

We will only retain your personal data for as long as necessary to fulfil the purposes we collected it for, including for the purposes of satisfying any legal, accounting, or reporting requirements.

6. Your Legal Rights

Under certain circumstances, you have rights under data protection laws in relation to your personal data, including the right to:

• Request access to your personal data.
• Request correction of your personal data.
• Request erasure of your personal data.
• Object to processing of your personal data.
• Request restriction of processing your personal data.
• Request transfer of your personal data.
• Right to withdraw consent.

If you wish to exercise any of the rights set out above, please contact our Data Protection Officer at privacy@velocitywanted.com.

7. Changes to the Privacy Policy

We keep our privacy policy under regular review. Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by email. Please check back frequently to see any updates or changes to our privacy policy.