1. Introduction

Soffi Digitals (“we,” “our,” “us”) is committed to protecting and respecting your privacy. This Privacy Policy explains how we collect, use, process, and safeguard your personal data in accordance with the General Data Protection Regulation (GDPR) (EU) 2016/679 and applicable data protection laws.

By using our website, mobile application, and banking services, you agree to the practices described in this policy.

2. Data Controller

Soffi Digitals is the Data Controller responsible for your personal data.

Contact Details:
Email: privacy@soffidigitals.com

3. Personal Data We Collect

We may collect and process the following categories of personal data:

A. Identity Information

  • Full name

  • Date of birth

  • National ID / Passport details

  • Photograph (for verification)

B. Contact Information

  • Email address

  • Phone number

  • Residential address

C. Financial Information

  • Bank account details

  • Transaction history

  • Income details

  • Credit history

D. Technical Data

  • IP address

  • Device information

  • Browser type

  • Login activity

E. Usage Data

  • App interactions

  • Service preferences

  • Customer support communication

4. Legal Basis for Processing

We process your personal data under the following lawful bases:

  • Contractual Necessity – To provide banking services.

  • Legal Obligation – To comply with anti-money laundering (AML), KYC, and financial regulations.

  • Legitimate Interests – Fraud prevention, service improvement, security monitoring.

  • Consent – Marketing communications and optional services.

5. How We Use Your Data

We use your personal data to:

  • Open and manage your account

  • Process transactions

  • Verify your identity (KYC compliance)

  • Prevent fraud and financial crime

  • Provide customer support

  • Improve our services

  • Send service updates and marketing (where consented)


6. Data Sharing

We may share your data with:

  • Regulatory authorities

  • Identity verification providers

  • Payment processors

  • Credit reference agencies

  • IT and cloud service providers

All third parties are required to protect your data in accordance with GDPR standards.

We do not sell your personal data.


7. International Transfers

If your data is transferred outside the European Economic Area (EEA), we ensure appropriate safeguards are in place, such as:

  • Standard Contractual Clauses (SCCs)

  • Adequacy decisions

  • Secure encryption measures


8. Data Retention

We retain personal data only as long as necessary for:

  • Legal compliance

  • Regulatory requirements

  • Fraud prevention

  • Contractual obligations

Financial records may be retained for up to 6–10 years as required by law.

9. Your GDPR Rights

Under GDPR, you have the right to:

  • Access your personal data

  • Correct inaccurate data

  • Request erasure (“Right to be Forgotten”)

  • Restrict processing

  • Data portability

  • Object to processing

  • Withdraw consent at any time

  • Lodge a complaint with a supervisory authority

To exercise your rights, contact: privacy@soffidigitals.com


10. Data Security

Soffi Digitals implements strong security measures, including:

  • End-to-end encryption

  • Multi-factor authentication

  • Secure servers and firewalls

  • Continuous monitoring and fraud detection

We take appropriate technical and organizational measures to protect your information.


11. Cookies & Tracking

We use cookies and similar technologies to:

  • Improve user experience

  • Analyze website performance

  • Enhance security

You can manage cookie preferences in your browser settings.


12. Automated Decision-Making

We may use automated systems for:

  • Credit scoring

  • Fraud detection

  • Risk assessments

You have the right to request human review of automated decisions.


13. Updates to This Policy

We may update this Privacy Policy periodically. Changes will be posted on our website and, where appropriate, notified via email.


14. Contact Us

If you have questions about this Privacy Policy or your personal data, please contact:

Soffi Digitals Data Protection Officer
Email: privacy@soffidigitals.com


Soffi Digitals protects your personal data in line with GDPR, ensuring secure, transparent, and lawful processing at all times. Learn more

Allow