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
Not Now

This funding round has closed VIEW OTHER OPPORTUNITIES

UNIZEST

UniZest provides products and services to the International Student market in the UK.

£ 140,174
0 Days left

140% of minimum goal raised

Lead investor: FinTech Fund

Minimum Target

£ 100,000

Minimum investment amount

£ 5,035

Maximum Target

£ 149,993

Maximum investment amount

£ 150,000
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Investment Opportunity

The Aspire Account has been created to address a major problem encountered by International Students coming to the UK to study at Universities. A UCAS study showed that 62.5% of the students ranked opening a UK Bank Account as one of their top 3 issues. They can open the Aspire Account whilst still at home and prior to leaving for the UK through an easy and simple

THE IDEA
Products & Services

UniZest has elegantly combined an e-current account & Visa Debit Card banking facility with a foreign exchange service in the Aspire Account. The online application service is simple and easy for the students whilst satisfying all of the regulatory requirements. Most importantly the student can open and activate this account prior to them leaving their homes to start their new lives studying in the UK. Thus reducing the stress for the student and providing them, and their families, with peace of mind. By working with suppliers already delivering the component parts of the Aspire Account the risks associated with the venture have been significantly reduced.

Problem Solved

International Students face a major problem in opening UK Bank Accounts. They cannot open the standard Bank account until they are in the UK and have all their correct paperwork, including proof of their UK address. The process for these students can take up to a month and is the source of a great deal of stress and anxiety. In a 2014 UCAS Survey 62.5% of the international students ranked opening a UK Bank Account as one of their top 3 concerns. The Aspire product allows them to settle all of these problems prior to leaving home and means they land in the UK with easy access to funds in sterling, and their families can top up their accounts very quickly through the FX service.

Revenue Model

UniZest will develop a range of products and services for this market but all of the Financial Forecast relates to revenue generated through the Aspire Account. The Aspire Account generates revenue through fees and charges associated with the e-current account, and through a commission paid on the FX transactions. UniZest has negotiated the best FX rates for the Aspire A/c and there is no transaction charge. The spreads are set well below existing Bank rates and are highly competitive with any in the market. A small charge for the Bank A/c functionality can be offset against cash-back, discounts and promotions offered on the Visa Card. An Insurance Product is being developed.

Exit Strategy
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The Idea

Products & Services

UniZest has elegantly combined an e-current account & Visa Debit Card banking facility with a foreign exchange service in the Aspire Account. The online application service is simple and easy for the students whilst satisfying all of the regulatory requirements. Most importantly the student can open and activate this account prior to them leaving their homes to start their new lives studying in the UK. Thus reducing the stress for the student and providing them, and their families, with peace of mind. By working with suppliers already delivering the component parts of the Aspire Account the risks associated with the venture have been significantly reduced.

Problem Solved

International Students face a major problem in opening UK Bank Accounts. They cannot open the standard Bank account until they are in the UK and have all their correct paperwork, including proof of their UK address. The process for these students can take up to a month and is the source of a great deal of stress and anxiety. In a 2014 UCAS Survey 62.5% of the international students ranked opening a UK Bank Account as one of their top 3 concerns. The Aspire product allows them to settle all of these problems prior to leaving home and means they land in the UK with easy access to funds in sterling, and their families can top up their accounts very quickly through the FX service.

Revenue Model

UniZest will develop a range of products and services for this market but all of the Financial Forecast relates to revenue generated through the Aspire Account. The Aspire Account generates revenue through fees and charges associated with the e-current account, and through a commission paid on the FX transactions. UniZest has negotiated the best FX rates for the Aspire A/c and there is no transaction charge. The spreads are set well below existing Bank rates and are highly competitive with any in the market. A small charge for the Bank A/c functionality can be offset against cash-back, discounts and promotions offered on the Visa Card. An Insurance Product is being developed.

Exit Strategy
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Website

www.unizest.co.uk

Location

LONDON