Reap Invest (“Company”, “we”, “our”, or “us”) is committed to protecting the privacy, confidentiality, and integrity of personal data in compliance with applicable data protection laws, including the Nigeria Data Protection Act (NDPA).
This Data Protection Policy outlines how we collect, process, store, and safeguard personal data obtained through our website and investment services.
1. Purpose of This Policy
This Policy ensures that:
Personal data is processed lawfully, fairly, and transparently
Data is collected for legitimate and specified purposes
Personal data is accurate and kept up to date
Data is securely stored and protected against unauthorized access
Data subjects’ rights are respected
2. Scope
This Policy applies to:
Clients and investors
Website visitors
Employees and contractors
Third-party partners handling personal data on our behalf
3. Definition of Personal Data
Personal Data includes any information that identifies or can identify an individual, including:
Full name
Phone number
Email address
Residential address
Date of birth
Bank account details
Government-issued identification
Investment and transaction history
IP address and device information
4. Lawful Basis for Processing
We process personal data based on:
Consent of the data subject
Performance of contractual obligations
Compliance with legal or regulatory obligations
Legitimate business interests
Where consent is required, it will be clearly obtained before processing.
5. Data Collection Methods
We collect data through:
Account registration forms
Investment subscription forms
KYC/identity verification processes
Website cookies and analytics tools
Customer service interactions
6. Data Processing Principles
Reap Invest adheres to the following principles:
Lawfulness, Fairness, and Transparency
Purpose Limitation
Data Minimization
Accuracy
Storage Limitation
Integrity and Confidentiality
Accountability
7. Data Security Measures
We implement appropriate technical and organizational measures including:
Encrypted data transmission (SSL)
Secure servers and firewalls
Role-based access control
Two-factor authentication (where applicable)
Regular system monitoring and audits
Despite these safeguards, no electronic transmission is completely secure.
8. Data Retention
Personal data is retained only for as long as necessary to:
Fulfill contractual obligations
Meet regulatory and tax requirements
Resolve disputes
Enforce agreements
After retention periods expire, data is securely deleted or anonymized.
9. Data Sharing
We may share personal data with:
Payment processors and financial institutions
Regulatory authorities
Identity verification providers
IT service providers
All third parties are required to comply with data protection standards.
We do not sell personal data.
10. International Transfers
Where personal data is transferred outside Nigeria, we ensure appropriate safeguards are in place, including contractual protections and compliance mechanisms.
11. Rights of Data Subjects
Under applicable law, you have the right to:
Access your personal data
Correct inaccurate data
Request deletion (where legally permissible)
Withdraw consent
Restrict or object to processing
Request data portability
Lodge complaints with the appropriate authority
Requests may be submitted through our official contact channels.
12. Data Breach Management
In the event of a data breach:
We will investigate promptly
Affected individuals will be notified where required
Regulatory authorities will be informed as mandated by law
Corrective measures will be implemented
13. Data Protection Officer (If Applicable)
Where required, Reap Invest shall appoint a Data Protection Officer (DPO) responsible for monitoring compliance and handling data-related concerns.
14. Employee Responsibility
All employees and contractors handling personal data must:
Maintain confidentiality
Follow internal data handling procedures
Report suspected breaches immediately
Failure to comply may result in disciplinary action.
15. Policy Review
This Policy will be reviewed periodically and updated where necessary to reflect legal or operational changes.
16. Contact Information
For data protection inquiries:
Reap Invest
Website: www.invest.rafunion.org
Phone: 09151835968
Email: invest@rafunion.org