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Legal

Privacy Policy

Last updated 2026-08-09 · MIDAS Business Ecosystem

This policy explains how Midas Business Group S.L. (“MIDAS”) collects, uses and protects your personal data when you use MIDAS Business Ecosystem, in accordance with the EU General Data Protection Regulation (GDPR) and Spanish data-protection law.

1. Data controller

The data controller is Midas Business Group S.L. (tax ID B13977913), registered office Calle Paraguay 33, 35109 El Tablero (Las Palmas), Spain. For any privacy matter contact support@midasbusiness.net.

2. What data we collect

3. Why we use it & our legal bases

PurposeLegal basis (GDPR Art. 6)
Provide the Platform, your account and its featuresPerformance of a contract
Process subscriptions, payments and payoutsContract · legal obligation
Calculate and pay commissions; maintain the ledgerContract
Assessing eligibility from public ratings (the 3.5 standard)Legitimate interests
Security, fraud prevention and KYC/AMLLegal obligation · legitimate interests
Service emails (receipts, confirmations, notices)Contract · legal obligation
Product analytics and improvementLegitimate interests · consent (where required)
Marketing communicationsConsent (you can withdraw at any time)
Accounting, tax and legal complianceLegal obligation

4. Who we share it with (processors)

We share data with trusted providers who process it on our behalf under data-processing agreements:

ProviderPurposeLocation
SupabaseDatabase, authentication & file storageEU / USA
VercelWebsite & application hosting, CDNUSA / global
StripePayment processing & payouts (Stripe Connect)USA / EU

We do not sell your personal data. We may disclose data where required by law or to protect our rights, users or the Platform.

5. International transfers

Some providers are located outside the EEA. Where data is transferred internationally, it is protected by appropriate safeguards such as the European Commission's Standard Contractual Clauses or an adequacy decision.

6. How long we keep it

We keep personal data only as long as necessary for the purposes above: for the life of your account and, after closure, for the periods required by law — in particular accounting and tax records, which under Spanish law are generally kept for up to six (6) years. Some data is anonymised and retained for statistics.

7. Your rights

Under the GDPR you have the right to:

To exercise any right, email support@midasbusiness.net. We respond within one month.

If your account is suspended or closed — including removal from the network under the quality standard — you do not lose your work. On request, and except where the law prevents it, we will package the personal data and business content associated with your account into a downloadable, machine-readable file so you can take it elsewhere, in line with your right to data portability above and section 14 of our Terms of Service.

8. Cookies

We use cookies and similar technologies as described in our Cookie Policy.

9. Security

We apply appropriate technical and organisational measures — including encryption in transit, access controls and row-level security — to protect your data. No system is perfectly secure; if a breach affects your rights we will notify you and the authority as required by law.

10. Children

The Platform is not intended for anyone under 18, and we do not knowingly collect their data.

11. Changes & contact

We may update this policy; the “last updated” date reflects the current version and material changes will be notified. Contact: support@midasbusiness.net.


Questions about this document? Contact us at support@midasbusiness.net.