AAZZUR Limited

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

AAZZUR LIMITED

FinTech: reinventing how bank data is used to increase satisfaction, retention, monetisation and how fintechs work with banks.

€ 400,991

0 Days left

134% of minimum goal raised

Swen Nicolaus

Minimum Target

€ 300,000

Minimum investment amount

€ 10,000

Maximum Target

€ 600,071

Maximum investment amount

€ 200,000

Investment Opportunity

Fintech innovation is changing banking. 10 years ago financial institutions built most of their own infrastructure, products and services themselves. The new paradigm is to connect services. This is more flexible, cheaper and more powerful. AAZZUR is a layer above the banks and fintechs to facilitate the exchange of data, messages and transactions. This is the promise of open banking. AAZZUR is an open banking platform that will revolutionize how data is monetized, customers are serviced, and how banks and fintechs can be built. It’s a marketplace to provide the next wave of financial services. Fintech founder Lav Odorovich: "AAZZUR would have lowered our time to market significantly"

THE IDEA

Products & Services

AAZZUR offers several platforms and one consumer Services
1) AAZZUR’s initial use case is a challenger banking offering for underserved internationals arriving in Germany from abroad. This service is finishing alpha right now and soon starting beta phase
2) The AAZZUR platform and marketplace is advantageous for every participant: bank, insurance, fintech, customer and real economy: Banks and insurance companies can use open APIs to communicate, exchange data and transact; Fintechs can use their APIs to build faster and cheaper; For customers AAZZUR will offer great flexibility and a more integrative banking experience.

Problem Solved

AAZZUR’s marketplace solves challenges for all of their customer segments:
Simplified product integrations: Banks and insurances only have to integrate with AAZZUR instead of doing 1:1 integrations. They can offer a broader chargeable service;
A common toolbox: Fintechs code the same thing over and over. They offer many common functions as APIs;
Easier partnering with banks: Fintech companies can offer their services to all customers from connected banks. They reduce development and integration costs and save on marketing and sales;
Bundling in one front-end: Customers avoid having to manage their finances through several apps. Either the banks pay or the customers if they use AAZZUR.

Revenue Model

AAZZUR’s broad set of platform- and specialised retail services results in several income streams: Initial license and setup fees esp. from banks; Repeat license fees from banks and insurances for platform access to third party- as well as AAZZUR-tools; Repeat commissions for sold products and services (smart data-usage on AAZZUR’s marketplace); Repeat transaction fees for third party services esp. from fintechs as well as third-party banks and insurances;

If customers use AAZZUR’s challenger banking offering they charge recurring transaction and FX fees. For accounts and several additional tools and packages they charge on a recurring basis.