Privacy Policy
Effective date: October 19, 2023
The website https://www.letsplaymoney.io/ and web app app.letsplaymoney.io, collectively the (“Application”) is owned and operated by Play Money Studios, Inc. (“Play Money,” “we,” “our,” or “us”). The Application provides a platform that provides accredited investors the ability to learn about and invest in early-stage companies (the “Services”). Play Money does not meet the definition of a “business” under the California Consumer Privacy Act, and is not currently subject to the consumer privacy laws of Virginia, Connecticut, Utah, or Colorado. Play Money does not currently target its products or services to residents of Canada, the United Kingdom or the European Economic Area.
This Privacy Policy informs you of our policies regarding the collection, use, and disclosure of personal information when you use our Site and Services and the choices you have associated with that information.
We collect your information only when you provide it to us, and we collect only the minimum amount of information necessary. We do not sell or rent your information to third parties.
Information We Collect
Personal Information
While using our Services, we may ask you to provide us, or we may collect certain personal information that can be used to contact you, identify you, or relates to you (“Personal Information”).
We collect Personal Information that you choose to provide to us when you register for an account, contact us to request information regarding our Services or when you otherwise use the Services. Personal Information will broadly describe all of the particular information that we collect as identified and described below.
User Information
When you sign up for an account on the Site, we will collect your legal name, email address, date of birth, and phone number. You will also create a password for future logins. You may also provide us with other information regarding your investment interests, reasons for angel investing, yearly investment budget, biographical information and identification of skills that may help target investment companies. You may also choose to provide or link to your social media accounts.
KYC Information
We will also collect information to comply with “Know Your Customer” laws (“KYC Information”), which may include your legal name, citizenship, birthdate, address, driver’s license number, photos, and social security number or other identification number.
Financial Information
We may also collect financial information as required for you use the Application and Services, including verifying your ability to participate in such investments under applicable law, such as an Accredited Investor (as that is defined under applicable law), including bank account information, financial objectives, transaction history, salary, investment documents, financial statements, assets, liabilities, investments, estate planning information, and ownership and control affiliations and relationships (“Financial Information”).
Usage Information
We also collect analytical information such as the investments that you make and the amounts, the information that you have accessed, content you have viewed, the time of your visit, pages visited, and time spent on each page of the webpages; referring site details; network location; and products you viewed, browser type, operating system, IP address, device information, and any comments you choose to submit to Play Money (“Usage Information”).
Payment Information
We, or our third-party payment processors or financial transaction service providers, may collect your bank account or credit-card information (“Payment Information”).
How We Use Your Information
We use your Personal Information to provide you the Services, and to receive and respond to your inquiries about products, services, or support. To address your questions, we may subsequently need to request additional information. We may use your User Information to contact you about products, services, or other investment opportunities through our Application that we believe may be of interest to you. We will use your User Information to register your account. We may use any and all of your Personal Information for the purposes of resolving any outstanding issues or disputes related to your use of the Application.
When you make an investment in a company, your User Information will be provided to the founder of the company so that the company can provide you information about the company, including investor updates or other relevant information.
When you use the Site and Services, we automatically collect and use Usage Information in order for us to track your movement on the Site to improve our layout and page arrangement; receive information on your browser type to ensure our Site remains compatible with the browsers used by our customers; improve your experience with our Services; and to promote our Services. We use your Usage Information in the aggregate to determine market trends and trends in customer behavior.
Information Sharing and Disclosure
We may share your Personal Information to provide a product or service you have requested.
We may share your Personal Information with service providers that perform tasks on our behalf related to our business, such as order fulfillment services, analytical services, marketing services that may provide you advertising on our behalf, bookkeeping, customer service, employment services, or social media services.
We will share your User Information, KYC Information, and Financial Information with Sydecar, our third-party investment platform. Sydecar’s use of your User Information, KYC Information, and Financial Information shall be governed by the Sydecar privacy policy, available here.
We will share your Financial Information and Payment Information with our financial transaction platform Plaid. Your Financial Information and Payment Information provided to Plaid will be governed by Plaid’s privacy policy, available here.
We will share your User Information with the companies that you choose to invest in.
We may share your User Information and Usage Information on the Application with other registered users of the Application to inform the other users of the Application information regarding the other investment opportunities in which you have participated (not the amounts). You may opt-out of this sharing in your account settings.
We may disclose your Personal Information as required or appropriate by law, including to comply with legal process and to respond to requests from public and government authorities; to enforce our terms and conditions, including investigations of potential violations thereof; to detect, prevent, or otherwise address fraud, security, or technical issues; and to protect our operations.
We may otherwise share or disclose your Personal Information with your consent.
We may also share your Personal Information with a company that acquires our business, whether through merger, acquisition, bankruptcy, dissolution, reorganization, or other similar transaction or proceeding.
Your Choices
You may limit collection of certain of your Personal Information by not sharing it with us. However, it is important to remember that if you limit the collection of your Personal Information, the Services may not function properly, and we may not be able to respond to your questions.
Data Retention
We store your Personal Information for as long as necessary to fulfill the purposes outlined in this Privacy Policy, but we will delete your Personal Information within seven (7) years from the date that you terminate your access and use of the Application unless continued use of your information is required to fulfill a purpose that was initiated prior to the end of the seven (7) year period.
Cookies
We use “cookies,” a small text file transferred to your device, along with similar technologies (e.g., internet tag technologies, web beacons, embedded scripts) to help provide you a better, more personalized user experience. These technologies are used to:
Make the user experience more user friendly;
Remember your preferences (e.g., browsing language, usage preferences); or
Help us understand and improve how visitors use our Site, including which of our pages and products are viewed most frequently.
Cookies can be blocked by changing your internet browser settings to refuse all or some cookies. If you choose to block all cookies (including essential cookies) you may not be able to access all or parts of the Service.
You can find out more about cookies and how to manage them by visiting www.AboutCookies.org.
You can understand which third parties have currently enabled cookies for your browser or mobile device and how to opt-out of some of those cookies by accessing the Network Advertising Initiative’s website or the Digital Advertising Alliance’s website. For more information on mobile specific opt-out choices, visit the Network Advertising Initiative’s Mobile Choices website.
Google Analytics
We use Google Analytics, a web analytics service provided by Google, Inc. Google Analytics uses Cookies or other tracking technologies to help us analyze how users interact with the Site and Services, compile reports on their activity, and provide other services related to their activity and usage. The technologies used by Google may collect information such as your IP address, time of visit, whether you are a returning visitor, and any referring website. The technologies used by Google Analytics do not gather information that personally identifies you. The information generated by Google Analytics will be transmitted to and stored by Google and will be subject to Google’s privacy policies. To learn more about Google’s partner services and to learn how to opt-out of tracking of analytics by Google, click here.
Interest-Based Ads
Unaffiliated third parties may use cookies and other technologies on third-party websites to collect information about your online activities over time and across different websites you visit in order to provide you with interest-based advertising. You can generally opt-out of receiving interest-based advertisements from members of the Network Advertising Initiative by clicking here or the Digital Advertising Alliance by clicking here. When you opt-out using these links, please note that you may still receive advertisements. However, advertisements will not be personalized based on your interests.
Do Not Track
Some internet browsers incorporate a “Do Not Track” feature that signals to websites you visit that you do not want to have your online activity tracked. Given that there is not a uniform way that browsers communicate the “Do Not Track” signal, the website does not currently interpret, respond to or alter its practices when it receives “Do Not Track” signals.
Service Providers
We may employ third-party companies and individuals to facilitate our Services ("Service Providers"), to provide the Services on our behalf, and to assist us in analyzing how our Services are used. We take commercially reasonable measures to contract with Service Providers that implement commercially reasonable protections when processing your Personal Information.
Links to Other Sites
Our Services may contain links to other websites that are not operated by us. If you click on a third-party link, you will be directed to that third party's website. We strongly advise you to review the Privacy Policy of every website you visit.
We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party websites or services.
Security
We maintain reasonable technical safeguards to protect the security, integrity and privacy of your Personal Information. However, no method of Internet transmission or electronic storage is 100% secure or error-free, so it is never possible to guarantee absolute security.
Notice to California residents
We do not disclose your personal information to any third party for such third party’s direct marketing purposes. Thus, under California Civil Code Sections 1798.80-1798.84, upon your request, we have no obligation to provide you further information. Any inquiries regarding this Privacy Policy can be directed to the contact identified below.
Notice to Nevada Residents
Nevada law allows Nevada residents to opt out of the sale of certain types of personal information. Subject to several exceptions, Nevada law defines “sale” to mean the exchange of certain types of personal information for monetary consideration to a person for the person to license or sell the information to additional persons. We do not currently sell personal information as defined in the Nevada law. However, if you are a Nevada resident, you still may submit a verified request to opt out of sales and we will record your instructions and incorporate them in the future if our policy changes. Opt-out requests may be sent to us through one of the methods provided in the “Contact Us” section below and put “Nevada Opt-Out” in the subject line.
Notice to Utah residents
We do not disclose your personal information to any third party for such third party’s direct marketing purposes.
Commitment to Children’s Privacy
In compliance with the Children's Online Privacy Protection Act, 15 U.S.C. §§ 6501-06 and 16 C.F.R., §§ 312.1-312.12, this website does not collect information from children under thirteen (13) years of age, and we do not intentionally collect information from persons under thirteen (13) years of age. Use of the Services is limited to users that are twenty-one (21) years of age and older. By using the Services, you represent that you are twenty-one (21) years of age or older.
Changes to this Privacy Policy
We reserve the right to change, modify or otherwise update this policy at any time. Unless otherwise noted, any changes to this Privacy Policy will be effective immediately. If any changes are material, we may provide you notice of such changes by posting notice on the website or by other means.
Contact Us
If you have any questions or comments about this Privacy Policy, please contact ushello@letsplaymoney.io.