Compliance Team
Angels Den

Dear User,

You may have heard about the new General Data Protection Regulation (“GDPR”), that comes into effect May 25, 2018.

We would like to ensure you that your personal data is safe with us. Please read the details regarding the processing of your personal data and if you agree with the processing as described below, please click the ‘I agree’ button.

Please be informed that you can withdraw this consent at any time.

1) What data are we talking about?

We are disclosing details regarding the processing of personal data that is collected within our calls and in connection with your use of Angels Den’s platform, Websites and other functionalities of Angels Den, including those saved in cookies files.

2) Who will be the controller of your data?

Angels Den Funding Limited (hereinafter referred to as AD) will be the controller of your data (Angels Den means all entities from the Angels Den capital group, which includes Angels Den Funding Limited with its registered office in London and all entities related to it and dependent on it) and only our Trusted Partners.

3) Why do we want to process your data?

We process this data for the purposes described in our Privacy Policy, including:
- compliance with any legal requirements and obligations,
- ensuring that content from our Website is presented in the most effective manner for you,
- marketing purposes,
- providing you with our services (including the completion and support of immediate activity required to provide you with information and deliver products and/or services that you request and to deliver any contracts entered into with you), or
- as otherwise explained in this privacy policy or by any communication by us.
Where you have explicitly consented to be contacted for such purposes, we use your personal data to provide information on our new and existing products and services.

4) To whom can we transfer data?

In accordance with applicable law, we may transfer your data to entities processing it at our request, e.g. marketing agencies, subcontractors of our services and entities authorized to obtain data under applicable law, e.g. courts or law enforcement agencies - of course only if they submit a request based on an applicable legal basis. Furthermore, we will transfer your data to Trusted Partners outside the European Union – to the USA – under the EU-U.S. Privacy Shield Framework.

5) What are your rights to your data?

You have the right to request access to, correct, delete your personal data. You can also withdraw consent to processing of personal data, raise objections and use other rights granted under GDPR (i.e. right to data portability).

6) Use of cookies

We use cookies to give you the best experience on our Website. This means that we have placed cookies on your device. If you continue without changing your cookie settings, we assume that you consent to our use of cookies on this device. You can change your cookie settings at any time but if you do, you may lose some functionality on our Website. More information can be found in our Privacy Policy.

In connection with the above, I agree to the processing of my personal data by Angels Den and its Trusted Partners. I confirm that I understand that my personal data is being collected as part of my phone calls, use of AD’s online platform, Websites, and other functionalities of AD, including the data saved in cookie files. I also consent to profiling in order to allow Angels Den and its Trusted Partners the provision of better services (including for analytical purposes). Your data will only be processed on a valid lawful basis in accordance with applicable data protection laws. The processing of your personal data for marketing purposes (including statistical analysis) by AD is based on the firm's legitimate interest. The processing for marketing purposes by our Trusted Partners is only possible if we receive your freely given consent. We will also process your personal data to fulfil our contractual obligations to you as contained in AD’s Terms and Conditions of the use of our Website and services. Therefore, this data will be processed on another lawful basis – ‘contract’. We will also process your data to comply with our legal obligations for our Service (such as anti money laundering and know your customer requirements), which is also a valid lawful basis in accordance with applicable data protection laws.

Expressing this consent is voluntary and you can withdraw at any time.

If you have any doubts or questions about the use of your personal data, please do not hesitate to contact me via email. I’m happy to assist.

Compliance Team
Angels Den
cl@angelsden.com

I Agree
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5 Things You Need to Know About FinTech

Things about FinTech Angels Den

We hear more and more about FinTech, but what does it really represent? In reality, FinTech is the abbreviation for financial technology and refers to a wide range of innovative technological approaches that deliver financial services and products. Technology has transformed the way we approach customers. The FinTech field started booming after the world’s financial crisis 10 years ago, when technology has proven to be the solution for faster payments, safer perspectives to think about money and new ways to analyse financial information.


Even though the term FinTech may seem common to many, let us not forget that it is still new. And what makes this industry interesting, nonetheless, is that it is dominated by startup companies, which aim to provide innovative and simpler financial services as opposed to the traditional financial approaches we have experienced so far.


In order to have a better understanding of how exactly FinTech works and evolves, here are 5 important things you need to know:     


1. Who operates in the FinTech Industry?

 

FinTech has proven to be appealing to a wide number of startups as well as traditional financial companies. What makes this diversity special is that FinTech Startups often look to provide services that would differentiate themselves from traditional financial models. Startups bring agility and technology experts such as computer science and engineering specialists into the field of finance. On the other hand, existent financial institutions have come to understand the importance of technological innovation and now increasingly integrate financial technology into their service offerings.


2.  What are the main benefits of FinTech?


Probably one of the most important achievements of FinTech is that it opened the world of finance to a wider range of customers, giving easier access to a previously more select type of users. Investment Services stand on the top list of such examples. Nowadays new technologies named ‘Robo Advisors’ took the place of investment consultants. Through a series of standard questions and financial algorithms, customers can get an investment plan in just minutes.  


3. Will FinTech still be relevant in the future?


The stable and predictable aspects of FinTech business models ensure a bright future for this industry. Moreover, FinTech companies usually operate with lower costs compared to other startups and deliver high-quality products and services which attract a wide range of investors due to their high growth business models.    


4. It has a wide range of applications and services


Financial Technological innovations came with a wide variety of applications. Customers are not limited to only online banking but a wide range of services that make financial management easier such as insurance services, loans, and budgeting tools.


5. Cryptocurrency and Blockchain  


The FinTech industry has gone as far as creating its own currency. Everybody has at least heard of Bitcoin or Ethereum. Blockchain made this possible. Blockchains are simply shared digital ledgers that provide a transparent service of financial transaction. Some say that the rise of the blockchain system puts the banking system at risk and makes traditional banks try to find ways to keep up with the competitive nature of FinTech.


Overall investment in FinTech globally at mid-year surpasses 2017 results, with global investment in FinTech companies hitting  $57.9B across 875 deals in H1’18 (KPMG, The Pulse of Fintech 2018, viewed 21 October 2018, https://assets.kpmg.com/content/dam/kpmg/xx/pdf/2018/07/h1-2018-pulse-of-fintech.pdf). With the FinTech market maturing and diversifying, the industry seems to be heading towards growth in the following years as well.

 


The above references an opinion and is for educational information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice. Investing in any business involves risks, including illiquidity, lack of dividends, loss of investment and dilution, and it should be done only as part of a diversified portfolio. Please click here to read the full risk warning.