Privacy Notice

PRIVACY NOTICE

In order to comply with the provisions of the Federal Law on the Protection of Personal Data Held by Private Parties, its Regulations, and applicable Guidelines (the “Law”), KONTEMPO MÉXICO OPS S.A.P.I. de C.V. (“KONTEMPO”), with registered address at Calz. Gral. Mariano Escobedo 595, Rincón del Bosque, Bosque de Chapultepec I Secc, Miguel Hidalgo, 11589, Mexico City, CDMX (the “Address”), website: https://www.kontempo.io/ (the “Site”), owner of the digital platform called “Kontempo” (the “Platform”) and other current and future platforms it owns, and with contact email: info@kontempo.io (the “Email”), hereby makes this:

PRIVACY NOTICE

The purpose of this notice is to ensure the legitimate, informed, and controlled processing of your personal data—whether currently provided or in the future—and to guarantee your privacy and your right to informational self-determination. Kontempo is responsible for the use and protection of your personal data, which will be handled in accordance with the principles of lawfulness, consent, information, quality, purpose, loyalty, proportionality, and accountability, as provided by the Law.

USE OF INFORMATION

The information you provide through accessing, registering, and creating a User profile on the Site and/or the Platform, and/or by email, and/or by completing forms or surveys (physical or electronic), in real-time or historically, will be processed and organized to generate data indicators. Kontempo may use this data to make business decisions. All collected information will be used for statistical purposes in a generic and non-personalized way and will support the growth, maintenance, and administration of Kontempo, while always respecting your privacy.

These uses include internal operations and administration, communication with you, fulfillment of service and/or product requests, and the improvement, development, and delivery of Kontempo services through affiliates, authorized providers, and business partners. Kontempo will implement adequate measures to limit the use of your data strictly to legal and authorized purposes, in compliance with this Privacy Notice and appropriate confidentiality and security safeguards.

Kontempo may also collect your IP address to help diagnose server problems and administer the Site and Platform. Your IP address is used to identify your session and gather general demographic data. Kontempo may also use push technology (with prior user consent) to send notifications via its app. This communication method does not access other functions or information on your device. The information collected may include URLs you visit (on or off the Site), your browser type, visited pages, search queries, posts, commercial preferences, messages, and more.

USE OF COOKIES

Kontempo uses cookies and similar technologies to ensure the best possible experience on the Site and/or Platform by offering personalized content, remembering service and marketing preferences, and helping you access the information you need. For more details, please consult our Cookie Usage Policy.

1. PERSONAL DATA REQUESTED

Kontempo collects personal data either directly or indirectly through businesses that use Kontempo’s services or when you apply for credit and provide your information (the “Personal Data”).

All data collection is carried out in good faith and is presumed to be accurate and complete. Responsibility for the truthfulness of the information lies with the data subject.

The Personal Data collected from businesses may be stored in formats, databases, or other physical and/or electronic means to allow Kontempo to provide credit services.

The Personal Data collected from customers using the Platform to apply for a credit line is needed to document the legal and commercial relationship and may include, among others:

  • Identification data
  • Contact data
  • Employment data
  • Asset data
  • Financial/economic data
  • Purchase details
  • Phone number

2. PURPOSE OF DATA PROCESSING

Your Personal Data will be used for:

Primary purposes:

a. Creating a database of Businesses and Customers
b. Assessing credit risk, verifying identity, and evaluating creditworthiness
c. Creating a client file
d. Allowing the Business to manage and monitor its client relationships

Secondary purposes:

a. Marketing, commercial prospecting, or advertising
b. Commercial offers related to Kontempo’s products and services

Once these purposes are fulfilled and unless required otherwise by law, Kontempo will delete or destroy your Personal Data.

Data processing by the Business is subject to the Business’s own Privacy Notice.

3. DATA TRANSFERS

Your Personal Data may be shared with:

  • Parent, subsidiary, or affiliated companies
  • Commercial partners or related third parties to expand Kontempo’s value proposition
  • Mexican or foreign judicial authorities as required by law
  • Internet service providers hosting Kontempo’s infrastructure
  • Technical support providers of the Platform
  • Commercial affiliates for advertising purposes

When required, your explicit consent will be requested before transferring your Personal Data. All transfers will be subject to confidentiality and security obligations, and third parties will only use your data for the purposes outlined in this Notice.

Kontempo will not transfer your data to unrelated third parties without your prior consent, except as legally permitted.

4. EXERCISING YOUR ARCO RIGHTS

You have the right to Access, Rectify, Cancel, or Oppose (ARCO Rights) the processing of your Personal Data. This includes:

  • Accessing your data and details about its processing
  • Requesting corrections if your data is inaccurate or incomplete
  • Requesting deletion if data is no longer necessary
  • Objecting to specific processing purposes

To exercise your rights, send a written request to Kontempo or an email to the contact address provided. Your request must include:

a. Full name and address (or other means of response)
b. Valid ID or proof of representation
c. Clear description of the data and the right you wish to exercise
d. Any additional information to help locate the data

Kontempo will respond within the legal timeframes established. You may follow up or ask questions by contacting Kontempo via email.

5. CONSENT WITHDRAWAL & DATA USAGE LIMITATION

You may withdraw your consent to data processing at any time and request limits on its use or disclosure, as long as no legal restriction applies.

Submit your request in writing or via email, including the same details listed in section 4. Kontempo will inform you of the outcome and timeframe.

If your data was shared before your withdrawal, Kontempo will notify its data processors to cease further processing.

6. CHANGES TO THIS PRIVACY NOTICE

Kontempo may modify or update this Privacy Notice at its discretion. Changes will be published on the Site and/or Platform, internal channels, physical or electronic communications, or sent via email as legally required.

7. DIGITAL, ELECTRONIC, OR ONLINE CONSENT

The parties agree that the agreement between them may be executed digitally, electronically, or online, and that simply accepting on the Kontempo Site and providing personal data is sufficient—no physical signature is required.

Initial issue date: December 17, 2021
Last update: June 22, 2022

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