Privacy Policy

Yakan is a brand of Wakan Holding Limited ("Yakan", "we", "us", or "our"), and respects the privacy of the businesses and individuals we work with. This Privacy Policy explains how we collect, use, disclose, and safeguard personal data when you visit our website, use our services, or otherwise interact with us, and it is drafted with reference to the ADGM Data Protection Regulations 2021 ("DPR 2021") issued by Abu Dhabi Global Market.

1. Who we are

Yakan is a brand of Wakan Holding Limited, the data controller responsible for the personal data described in this Policy. Wakan Holding Limited is registered under the laws of Abu Dhabi Global Market (ADGM) with Commercial Registration Number 37112.

2. Scope of this Policy

This Policy applies to personal data we process in connection with our website, our partnership and financing services, and our communications with prospective and existing business partners, their representatives, and other individuals we interact with in the course of our business.

3. Personal data we collect

• Identity and contact data: name, job title, business name, email address, phone number, and postal address.
• Business and financial data: information about your business, its assets, and financial position that you or your business provide to us as part of a partnership or financing relationship.
• Technical data: IP address, browser type, device information, and usage data collected when you visit our website.
• Communications data: records of correspondence and enquiries you send to us, including via hello@yakan.ai.

4. How and why we use personal data

We process personal data only where we have a valid lawful basis under the DPR 2021, including where processing is:

• necessary to take steps at your request prior to entering into a partnership or financing arrangement, or to perform such an arrangement;
• necessary for our legitimate interests in operating, marketing, and improving our business, provided those interests are not overridden by your interests or fundamental rights;
• necessary to comply with a legal or regulatory obligation to which we are subject; or
• based on your consent, which you may withdraw at any time, where consent is the basis relied upon.

We use personal data to: assess and manage partnership and financing relationships; respond to enquiries; operate and secure our website; communicate updates about our services; and meet legal, regulatory, and audit requirements.

5. Sharing and disclosure

We may share personal data with: professional advisers, auditors, and regulators; service providers who process data on our behalf (such as hosting, IT, and communications providers) under appropriate data processing terms; and co-investors or financing partners where necessary to structure or perform a partnership arrangement. We do not sell personal data.

6. International transfers

Where personal data is transferred outside of ADGM, we take steps required by the DPR 2021 to ensure an adequate level of protection, which may include relying on an adequacy decision, standard contractual clauses, or another lawful transfer mechanism recognised by the ADGM Office of Data Protection.

7. Data retention

We retain personal data only for as long as necessary to fulfil the purposes described in this Policy, including to satisfy legal, accounting, or regulatory requirements, after which it is securely deleted or anonymised.

8. Security

We maintain appropriate technical and organisational measures designed to protect personal data against unauthorised access, alteration, disclosure, or destruction, proportionate to the risks involved.

9. Your rights

Subject to applicable exceptions under the DPR 2021, you may have the right to:

• request access to the personal data we hold about you;
• request correction of inaccurate or incomplete data;
• request erasure of your personal data;
• request restriction of, or object to, certain processing;
• request portability of data you have provided to us; and
• withdraw consent at any time, where processing is based on consent.

To exercise any of these rights, contact us at hello@yakan.ai. You also have the right to lodge a complaint with the ADGM Office of Data Protection if you believe your data protection rights have been infringed.

10. Cookies

Our website may use cookies and similar technologies to support core functionality and understand how our site is used. You can control cookies through your browser settings.

11. Children's data

Our services are directed at businesses and are not intended for individuals under the age of 18. We do not knowingly collect personal data from children.

12. Changes to this Policy

We may update this Policy from time to time to reflect changes in our practices or legal requirements. The "Last updated" date at the top of this page indicates when it was last revised.

13. Contact us

If you have questions about this Policy or how we handle personal data, contact us at hello@yakan.ai.