Privacy Policy
Last updated: June 2026
1. Scope
This policy explains how WealEx collects, uses and protects your personal data.
2. Data we collect
Identity and verification data (name, ID, proof of address), contact details, transaction and usage data, and device or technical data.
3. Why we use it
To provide and secure the services, verify identity, comply with anti-money-laundering (AML) and other legal obligations, prevent fraud, and improve the service.
4. Legal basis
Performance of a contract, compliance with legal obligations, and our legitimate interests in security and compliance.
5. Sharing
With regulators and authorities where required, with identity-verification and technology providers, and with licensed partners that deliver parts of the service, under appropriate safeguards. We do not sell your data.
6. Retention & security
We keep records, including AML records, for the periods required by law (certain records for at least eight years). We apply technical and organisational measures, including encryption and access controls, to protect your data.
7. Your rights & contact
Subject to law, you may request access to, correction of, or deletion of your data, and may contact us about privacy. Where data is transferred outside the UAE, we apply appropriate safeguards. We use essential and analytics cookies. Contact: info@wealex.ae