Privacy Policy

Your personal information is important to Olea Global Pte. Ltd. and it is our policy to respect and protect your personal information. 

This Privacy Policy outlines how we collect, use, manage and share the personal information we hold about you, in compliance with applicable laws and regulations. It also tells you how you can exercise your privacy rights.

This Privacy Policy applies to personal information that we collect through our website at https://www.olea.net and our mobile applications (collectively, the “Platform”), as well as personal information that we may collect about you from time to time from other lawful sources, such as government databases.

If you have any questions or concerns about our use of your personal information, then please contact us using the contact details provided at the bottom of this Privacy Policy.

  1. What personal information do we collect about you?

Personal information is any information that can be used to identify you or that we can link to you and which we have in our possession or control. 

The types of personal information that we collect about you typically include: your name, contact details, employer or organisation that you represent, proof of identity, tax identification number, residence country and date of birth. 

We collect or receive personal information in a few different ways:

Information you provide to us: We collect personal information from your interactions with us via the Platform (for example, when you create a user account on the Platform or when you communicate with us or other parties on the Platform) or that you give to us (for example, when you email us or contact us via other channels). Often, you choose what personal information to provide to us, but sometimes we require certain information in order for you to use, and for us to provide you with, the Platform and our services.

Information we obtain from other sources: From time to time, we may also collect or receive information about you from third party sources such as publicly available databases, credit reference agencies and other lawful sources. We collect this information to assist us in providing, evaluating and improving our Platform and offerings, or to help us comply with legal and compliance requirements like anti-money laundering and sanctions requirements. We will only collect information from third party sources where these third parties have represented that you gave your consent to disclose your personal information with us or that they are otherwise legally permitted or required to disclose your personal information to us.  

Information collected automatically through your use of the Platform: We will also collect information on an automated basis when you use the Platform or our services. We log usage data when you visit or otherwise use our Platform. Specifically, the information we collect automatically may include information like internet protocol (“IP”) address, device type, unique device identification numbers, browser-type, broad geographic location (e.g. country or city-level location) and other technical information. We may also collect information about how your device has interacted with our Platform, including the pages accessed and links clicked. 

We may also collect precise geolocation data pertaining to your device, if you have consented to providing this to us through your device settings. We may use this information to provide, promote, and improve our services (for example, understanding the country you reside in) and for related reasons, such as sanctions, fraud prevention and security purposes. Please note that if you do not consent to providing your geolocation data, certain features of the Platform may not work.

The information we collect automatically enables us to better understand the visitors who come to our Platform, where they come from, and what content on our Platform is of interest to them. This enables us to improve the quality and relevance of our Platform to our visitors.

We use cookies and similar technologies (e.g., web beacons, pixels, ad tags and device identifiers) to recognize you and/or your device(s) on, off and across the Platform, including when you use different devices. To learn more, including how to change your cookie settings, please see below.

The links listed below provide more information about what cookies are installed, how to allow, block or remove installation from your computer. Depending on which browser you use, the user may follow these links:

In addition to collecting and processing personal information, our third-party service providers may also collect the following types of data about your use of the Platform and/or your use of our services, for the following purposes: 

  • Metadata (ancillary usage data, e.g. IP address) may be used for providing services and related internal or regulatory compliance uses, such as the provision of service performance statistics. 
  • Anonymised data and anonymised aggregated data (anonymised data aggregated with anonymised data from other service provider users) may be used for providing, maintaining and supporting the service provider services, compiling statistical reports, performance tracking, transaction categorisation and merchant identification services. 
  1. How do we use your personal information?

We rely on one or more of the following lawful grounds to collect, use, process and disclose your personal information:

  • Purposes of collection: We may use your personal information for the purposes described in this Privacy Policy or of which you have otherwise been notified of.
  • Consent: We may use your personal information for the purposes you have consented to.
  • Performance of a contract: We may need to collect and use your personal information to enter into a contract with you or to perform our obligations under a contract with you.
  • Compliance with law or regulation: We may use your personal information as necessary to comply with applicable law/regulation.

We will not sell or rent your personal information to third parties for commercial purposes without your consent.

We may collect, use, process and disclose your personal information for the following purposes (and subject to your further consent if required by applicable law):

  • providing you with products and services as subscribed to or requested by you, including products and services provided by our affiliates, joint venture partners, business alliance partners and third party providers of related services (including escrow account services);
  • processing your applications for products and services and completing instructions or requests;
  • providing customer service, customer support and technical support, including in relation to product updates;
  • market research and surveys with the aim of improving our products and services;
  • marketing, business development and promotional purposes;
  • where you have applied for a position with us, to review and process your job application;
  • complying with and monitoring compliance with applicable laws and regulations, voluntary codes, internal policies (including that of our affiliates’), contractual obligations (including between us and our affiliates) and other requirements;
  • use it to establish, exercise or defend our legal rights or for the purpose of legal proceedings;
  • record or monitor your use of our Platform and services for our business purposes which may include analysis of usage, measurement of site performance and generation of reports;
  • use for our legitimate business interests, such as undertaking business research and analysis, managing out operation of the Platform and our business;
  • use it to investigate any complaints or queries you may have;
  • use it to prevent and respond to actual or potential fraud or illegal activities; and
  • maintaining the security of our Platform, including to verify your identity, to investigate or prevent possible fraud or other violations of our Platform Terms and Conditions, this Privacy Policy or any other terms which apply to your use of the Platform and/or in connection with possible attempts to harm our members, visitors, or other third parties.

We may also collate, process and share any statistics based on an aggregation of information held by us provided that any individual is not identified from the resulting analysis and the collation, processing and dissemination of such information is permitted by law. 

  1. How do we share your information with third parties?

Depending on the purpose of processing your personal information, personal information may be disclosed to:

  • our affiliates anywhere in the world, including any officer, employee, agent or director of any affiliate;
  • our joint venture partners, business alliance partners, third party providers of related services (including escrow account services) or other investors or potential investors (in connection with the actual or potential merger, sale, acquisition or investment) provided we inform the relevant third party it must use your personal information only for the purposes disclosed in this Privacy Policy;
  • our professional advisers and other service providers in order to provide administrative, financial, legal, accounting, information technology, authentication, research or other services;
  • anyone authorised by you, as specified by you or in any contract with you;
  • any person to whom disclosure is required or permitted under applicable laws and regulations;
  • anyone we consider necessary to facilitate requests for services or applications for products with our affiliates; and
  • anyone we consider necessary in order to provide services in connection with a product or service.

The persons identified in this paragraph ‎3 may contact you directly to obtain additional information necessary for the purposes set out in this Privacy Policy. We may be kept in copy or may otherwise be kept informed of such communications on the Platform and may assist you in ensuring that the requisite additional information is provided.

  1. Keeping your data secure

The security of your personal information is important to us. We use appropriate technical and organisational measures to protect the personal information that we collect and process about you, designed to provide a level of security appropriate to the risk of processing your personal information. While we monitor our systems for possible vulnerabilities and attacks, we cannot guarantee 100% security of any information that you send us. Accordingly, you will not hold us liable for any unauthorised disclosure, loss or destruction of your personal information arising from such risks.

When using external service providers, we require that they adhere to security standards mandated by us. We may do this through contractual provisions, including any required by relevant privacy regulators, and oversight of the service provider.

Personal information may be transferred to, or stored at, locations outside of Singapore or the place of original data collection. In all cases, however, any transfer of your personal information to another location will be compliant with applicable data protection law. Regardless of where personal information is transferred, we will take steps to ensure that appropriate technical and organisational measures are put in place to protect your personal information.

  1. Data Retention

We retain your personal information in line with our legal and regulatory obligations and for business and operational purposes. The period of retention will vary in accordance with the data type, the purpose for which are processing your personal information and our legal obligations. Subject to applicable law, we will cease to retain your personal information when we no longer require such personal information for the purposes we originally notified you of or for any business or legal needs.

  1. Your rights

You may have a variety of data protection rights, depending on your geographical location and applicable law. These rights may include:

  • the right to request access to the personal information we hold about you (please note that there may be circumstances in which we are entitled to refuse requests for access to copies of personal information);
  • the right to request that we correct or update your personal information if it is inaccurate or incomplete; and
  • the right to request withdrawal of consent to process your personal information (please note that in certain circumstances it may be lawful for us to continue processing without your consent). 

You can exercise your rights by contacting the Data Protection Officer using the contact details set out below.

You also have the right to opt-out of marketing communications that you have previously signed up to receive at any time. You can exercise this right by clicking on the “unsubscribe” or “opt-out” link in the marketing e-mails we send you. To opt-out of other forms of marketing (such as postal marketing or telemarketing), please contact us at the email below. Please be aware that once we receive confirmation that you wish to withdraw your consent for marketing or promotional materials/communication, it may take up to 30 calendar days for your withdrawal to be reflected in our systems. Therefore, you may still receive marketing or promotional materials/communication during this period of time. Additionally, opting out of marketing communications does not mean that we cannot continue using and disclosing your personal information for other purposes set out in this Privacy Policy.

  1. Updates to this Policy

We may update this Privacy Policy from time to time in response to changing legal, technical or business developments. When we update our Privacy Policy, we will take appropriate measures to inform you, consistent with the significance of the changes we make. We will obtain your consent to any material Privacy Policy changes if and where this is required by applicable data protection laws. You can see when this Privacy Policy was last updated by checking the “last updated” date displayed at the top of this Privacy Policy.

  1. Third party websites and services

Our Platform may contain links to third-party websites or mobile apps, including social sharing features and other related tools. Our Platform may also permit you to set settings to allow your data to be disclosed to third parties for the purpose of such third parties providing products and services to you (such as our joint venture partners, business alliance partners and other third party providers of related services (including escrow account services)). We will endeavour to require our joint venture partners, business alliance partners and other third-party providers of related services on our Platform to comply with applicable data protection laws, such as through contractual provisions. However, please be aware that we do not control these third parties, third party websites or apps or their collection or processing of your personal data. This Privacy Policy does not apply to any information you give to the owner of these third-party websites or apps or that are otherwise collected by these third parties. We encourage you to read the privacy policy of any third party before you provide them with any information or request or accept services from such third parties.

  1. Contacting us

You may contact us by writing to our Data Protection Officer at privacy@olea.net.