Privacy Policy

7. Platform service providers

We use the platform service “FinLoop Solutions” provided by FINLOOP AG, Chamerstrasse 172, 6300 Zug, Switzerland (hereinafter “FINLOOP”). FINLOOP provides the software to us as a Software-as-a-Service (SaaS). The platform we use is based on “FinLoop Solutions” and has been customized to meet our individual requirements.

Within the scope of the use of the platform service, FINLOOP may process personal data on our behalf. FINLOOP is in this respect a processor within the meaning of Art. 28 GDPR.

The processing of personal data may take place in particular in the context of using the platform for managing and processing real estate financing, communication between involved persons and companies, managing projects and financing, as well as providing data rooms and other platform functions.

In particular, the following categories of personal data may be processed:

  • Master and contact data, in particular names, addresses, e-mail addresses, and telephone numbers
  • Company and business data
  • Communication and correspondence data
  • Contract and financing data
  • Project-related data
  • Data on existing financing and their conditions
  • Documents and other content uploaded or processed within the scope of using the platform
  • Usage, access, and log data as well as
  • Other personal data provided by us, our users, or other persons and companies involved in the respective business relationship within the scope of using the platform.

Processing takes place exclusively for the purposes determined by us and in accordance with our instructions. FINLOOP is contractually obliged to take appropriate technical and organizational measures to protect personal data and to comply with data protection requirements.

The legal basis for the processing depends on the respective purpose of the processing. Insofar as the processing is necessary for the performance of a contract or for the implementation of pre-contractual measures, it is based on Art. 6(1)(b) GDPR. Insofar as there is a legal obligation, the processing is based on Art. 6(1)(c) GDPR. In other cases, processing may take place on the basis of our legitimate interest in accordance with Art. 6(1)(f) GDPR or – where necessary – on the basis of consent in accordance with Art. 6(1)(a) GDPR.

A data processing agreement pursuant to Art. 28 GDPR has been concluded with FINLOOP. This agreement regulates in particular the scope and purposes of the processing, the obligations of FINLOOP as a processor, as well as the necessary technical and organizational measures for the protection of personal data.

Insofar as FINLOOP employs further processors or subcontractors to provide its services, this takes place within the framework of the contractual and data protection requirements. FINLOOP is obliged to also bind these persons or companies in accordance with data protection requirements.

Further information on the processing of personal data by FINLOOP can be found in FINLOOP’s privacy policy.