• Home
  • Products & Services
    Regulated stablecoinsBlockchain integrationsEUROe ↗eUSD ↗
  • Blog
  • Careers
  • Open an account

Privacy Notice

Updated 2024-07-19

Terms of Membrane PlatformPrivacy NoticeEnd User TermsCountry Risk PolicyAccess Denial Policy

With this Privacy Notice, we provide you with information about how and why we process your personal data as a controller for our general business purposes.

If you want to know how we process personal data in connection to EUROe, please have a look at our EUROe System Privacy Notice.

1) WHO IS THE CONTROLLER OF YOUR PERSONAL DATA?

The controller of your personal data is Membrane Finance Oy (business ID: 32368862), which is located at Meritullinkatu 1B, 00170 Helsinki, Finland.

You can reach us via email at: gdpr@membrane.fi.

2) WHAT DEFINITIONS ARE USED IN THIS PRIVACY NOTICE?

Controller means a party that is in charge of the personal data processing activities.

Data subject is a term for a human being in accordance with data protection laws.

Legal basis for processing means the legal basis with which the controller processes personal data of a data subject. Article 6 of the GDPR contains provisions on legal basis for processing.

Personal data means any data concerning a data subject or data with which a data subject can be identified with.

Privacy Notice means a data protection document that has been drafted according to Articles 13 and 14 of the GDPR, and with which the controller may inform its data subjects of the ways their personal data is processed.

Processor means a party that processes personal data for and on behalf of the controller.

Purpose for processing means the reason why the controller processes personal data of a data subject.

3) WHY DO WE PROCESS YOUR PERSONAL DATA?

We process personal data for our general business purposes such as communications, marketing, business partner relations, compliance with legal obligations, recruiting and cookies.

Our legal basis for processing personal data depends on the purpose for which we process personal data. We use as a legal basis (i) our contractual obligations when we carry out our contractual obligations and rights, (ii) our legitimate interests in communications, marketing, recruiting and using cookies and (iii) our legal obligations when complying with our legal obligations (e.g. accounting).

In our personal data processing activities, we process our customers’ and business partners’ representatives’, job applicants’ and various contact persons’ names, contact information, IP addresses, job application related data and data we are required to process under applicable laws.

4) FROM WHERE DO WE COLLECT YOUR PERSONAL DATA?

We collect your personal data from you, digital services (e.g. email service providers), authorities and public sources (e.g. official registries such as trade registry).

5) DO WE TRANSFER YOUR PERSONAL DATA?

As a general rule, we will not disclose your personal data to third parties. However, if we are required by mandatory law or governmental authorities to disclose your personal data, we will assess the legality of such disclosure on a case-by-case basis.

We do share, i.e. transfer your personal data to others as part of our normal business activities when using various digital services. For example, we use the following digital services provided by data processors, which involve the processing of personal data: data storage services (e.g. cloud services), communication services (e.g. e-mails) and financial management tools.

6) DO WE PROCESS YOUR PERSONAL DATA OUTSIDE THE EU AND THE EEA AREA?

Your personal data may be processed outside the EU and the EEA area. In these situations, we ensure an adequate level of data protection, for example, through standard contractual clauses, adequacy decisions and other similar arrangements.

7) HOW LONG DO WE RETAIN YOUR PERSONAL DATA?

We retain personal data for (i) as long as we have a valid contractual relationship in connection to data, (ii) as long as it is necessary to fulfil the purpose of data processing, (iii) a period of 12 months from the date of the receipt of the job application or the deadline for the job advertisement, and/or (iv) for as long as we have a legal obligation to retain data.

8) WHAT DATA PROTECTION RIGHTS DO YOU HAVE?

You may have the right to use the below listed data protection rights under the GDPR:

  • Right to inspect (art. 15)

  • Right to rectify (art. 16)

  • Right to erasure (art. 17)

  • Right to restriction of processing (art. 18)

  • Right to data portability (art. 20)

  • Right to object; especially when processing personal data based on legitimate interests (art. 21)

  • Automated individual decision-making, including profiling (art. 22)

If you would like to use your rights or inquire something about data protection, please be in touch via email (see contact information from Section 1).

You may also have a right to lodge a complaint with the data protection authorities, if you think that the processing of your personal data infringes data protection laws.

9) CAN THIS PRIVACY NOTICE BE AMENDED?

We may unilaterally amend this privacy notice. We update the privacy notice as necessary, for example, when there is a change in legislation. Amendments to this privacy notice will take effect immediately when we post an updated version on our website.

If we make significant changes to the privacy notice, or if there is a significant change in the way it is used, we will notify the data subjects.

Membrane Finance Oy
Meritullinkatu 1, FI-00170 Helsinki

  • PRODUCTS
  • EUROe
  • eUSD


  • SERVICES
  • Regulated Stablecoins
  • Blockchain Integrations


  • RESOURCES
  • Blog
  • Pricing
  • EUROe Developer Portal
  • EMT RESOURCES
  • Marketing Communications
  • White Papers
  • Offerors


  • LEGAL & REGULATORY
  • Legal
  • Privacy Notice
  • Licences
  • MEMBRANE FINANCE
  • Careers
  • Company
  • Contact


  • FOLLOW US
  • Twitter
  • LinkedIn

Membrane Finance Oy is an electronic money institution regulated by the Finnish Financial Supervisory Authority and authorised across the EU and EEA. Business ID FI32368862. LEI code 743700KYSSTKZYGEUF50.

No investment advice. The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice as defined in the Finnish Act on Investment Services (2012/747) or the European Markets in Financial Instruments Directive 2 (2014/65/EU) and you should not treat any of the website contents as such. The information on this website is general in nature and is not specific to you or any other user. You should not make any decision, financial, investment, trading or otherwise, based on the information presented on this website. Membrane Finance does not recommend that any virtual asset should be bought, sold or held by you. We strongly encourage you to conduct independent due diligence and consult your financial and/or legal advisor before making any investment decisions.

Accuracy of information. Membrane Finance will strive to ensure the accuracy of the information listed on this website, although it will not hold any responsibility for any missing or wrong information. Membrane Finance provides all information as is. You understand that you are using all information available here at your own risk and without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose.

This marketing website has been published by Membrane Finance Oy

Privacy Notice
© 2024 Membrane Finance Oy. All rights reserved.