Bambucorn Ltd (“Bambucorn” or “Data Controller”) is a company incorporated in the Dubai International Financial Centre (DIFC) and is regulated by the Dubai Financial Services Authority (DFSA). Bambucorn enables: a) investors (Members) to invest in early-stage and growth focussed businesses, entrepreneurs (Issuers), and b) Experts to assists Members in their due diligence process. Throughout this Privacy Policy, users of the services and other persons with whom Bambucorn interacts will be referred to as “you” and Bambucorn will be referred to as ‘we’” or ‘us’. This Privacy Policy applies to the Bambucorn’s website and its sub-domains [Bambucorn’s website] and related mobile applications, if any (collectively referred to as ‘Site’).
1. Your Rights
You have the right to access any information we hold about you. You may ask us:
2. Security
All information provided to us by you or otherwise is stored on our or our technology partner’s secure servers. In addition, to help protect your Personal Data and to minimize the risk of it being accessed by unauthorized parties, our secure servers shall use industry standard Secure Socket Layer (SSL) and Transport Layer Security (TLS) technology when you submit information to through the Site. The fact that this Site uses industry standard SSL/TLS technology can be evidenced from the usage of the “https” protocol.
If we have given you (or you have chosen) a password or wallet number, you are responsible for keeping this password and/or wallet number confidential. We ask you not to share these details with anyone and to inform us if you believe they have been compromised.
3. Information that we may share
Personal Data we collect will not be disclosed to any third parties by us or our affiliates except in the following circumstances:
4. Information that we collect
1.1 Information you give us. When you use the Site we may ask you to provide personal information such as contact details, identity documents, banking details, sources of funds and wealth and in the case of Issuers information about your business including but not limited to company name, company size, address, contact details, nature of business, ownership structure, financial information and forecasts and information about persons associated with the business. Most of this information is to comply with our legal obligations and to fulfil our contractual obligations with you and other parties that use the Site. In some cases, sharing the information is necessary for us to provide our services.
1.2 Information we get from your use of our services and by communicating with us. We collect information about the services you use and how you use them, such as when you view and interact with the Site or our advertisements. In addition, we may gather certain information about you, including details of your operating system, browser version, domain name and IP address using which you access the Site. We may also collect your Personal Data (any data relating to an identifiable natural person as defined in The Data Protection Law 2020) when you interact with our employees on the phone or in person and we may record those conversations, either because we are required to do so under regulation, or for training purposes so that we can improve our services.
1.3 Cookies. We may set and access cookies and other similar technologies on your computer. These are small files that may reside on your computer’s hard drive that are accessible only by the website that placed them there and not by any other website. If we have third-party advertisements on the Site, those third parties may also place, set and access cookies on your computer. They do this to track how many unique users have seen an advertisement and to provide advertisements that are more relevant to a user's interests. We do not have access to these cookies and, other than allowing them to be served, we play no role in these cookies at all. Cookies placed by us will allow us to track your browsing behaviour, links clicked and to collect various data, including analytics about how you use our Site. This will allow us to provide you with a better experience on our Site, and to collect, analyse and improve the performance of our services. You can choose to enable or disable cookies in your web browser. In addition, you may delete cookies that have already been placed on your hard drive.
1.4 Third party Links. The Site may contain links to other websites. Bambucorn shall not be responsible for the Privacy Policies or the practices of third-party websites.
5. How we use your information
We shall collect the following types of information:
Personal Details
Education & Training details
Employment Details
Financial details
Photographs (of Data Subject and Data Subject’s documents)
We use the information we collect:
1. To comply with legal and regulatory obligations including the Financial Crime Module of Volume 5 of the CBB Rulebook:
To confirm your identity to ensure you are eligible to use the services provided on the Site.
To conduct required anti-money laundering checks in connection with the transactions you may conduct through the Site.
To ensure you are eligible to use the Site in accordance with other agreements that you may execute on the Site.
To enable us to comply with our compliance responsibilities and reporting to regulators and governmental authorities.
2. To carry out obligations under our contracts:
To process and administer payments and investments in connection with the services provided on our Site.
In the case of Issuers and Sellers, to assess your suitability to execute a campaign on the Site, to verify and approve the disclosures you make in your campaign to potential investors, to provide you with any campaign marketing services and to facilitate the investment transactions.
In the case of Clients, to facilitate any investments you make, to exercise any rights you may have by virtue of being a shareholder in any of the Issuers and Sellers and to provide Issuers and Sellers with information about the progress of their campaigns and your investments in it.
In the case of Experts, to share information about you with Clients and Issuers and Sellers.
In the case of Clients who have completed investments in Issuers and Sellers, to provide those businesses with information to fulfil obligations to you and us, and ensure compliance with their corporate or regulatory requirements, such as shareholder reporting.
3. To ensure that the services To ensure that services provided by us through our Site operate effectively and to do this we may use your Personal Data to:
To monitor, improve and administer the Site and the services provided on the Site.
To contact you to ensure customer satisfaction in respect of our role as a service provider and assist you in getting the best value from our services.
To respond to customer support or other enquiries requesting information. We may also intercept, record and/or monitor any communication(s) (including telephone calls or other electronic communications) between you and us. We may do so in order to resolve queries in the future and for the purposes of ensuring security, staff training and complying with our regulatory and legal responsibilities. In the case of communications by email you should note that, as emails are not encrypted (and may therefore be intercepted by third parties) and as the identity of the sender cannot be confirmed, you must not provide your security details by email.
4. To facilitate communication between you and others, publicising our business, support industry research, and making that sure marketing, advertising and content we provide is effective. We will only contact you for this purpose if you have consented to do so.
6. Data Protection Principles
Based on the Data Protection Law 2020, we are classified as a ‘Data Controller’. This means that we shall be responsible for determining the purposes and means of the Processing of Personal Data. Bambucorn will ensure that your Personal Data shall be:
7. Contact
You may contact us regarding this Privacy Policy:
via email at
contact@bambucorn.com
via post at
Unit GA-00-SZ-L1-RT-208, Level 1, Gate Avenue, Dubai International Financial Centre, PO Box 507211, Dubai, United Arab Emirates.
8. Choice
You can manage the kind of emails you receive from by notifying us at contact@bambucorn.com and instructing us to not process your Personal Data for marketing purposes.
Currently, the Site makes use of strictly necessary cookies (cookies that are essential to the functioning of the website) and performance cookies (these cookies collect information about how you use the Site and none of the information collected can be used to you). You may choose to accept cookies or not via your browser settings. Please note that as and when new types of cookies are used on the Site, you shall be notified of the same.
9. Changes to this Privacy Policy
We may at our absolute discretion update this Privacy Policy from time to time. Please do review the Privacy Policy regularly for such updates.
10. Accuracy and retention of Personal Data
If you see that any of your Personal Data included in the Site is inaccurate, please update it using the Site. Alternatively, if you believe that any Personal Data, we hold about you is inaccurate, please notify us at contact@bambucorn.com. It is your responsibility to ensure that any Personal Data you have provided to us remains accurate and to notify us if there are any changes in your Personal Data.
We will retain your Personal Data for as long as you use our Site and at least six years following that to comply with regulatory recordkeeping obligations we have.