Privacy Policy

Last Updated: March 2025

At velorinthas, we respect your privacy and take protecting your personal information seriously. This policy explains how we collect, use, store, and safeguard your data when you use our cash flow management services.

We're based in Australia and comply with the Australian Privacy Principles under the Privacy Act 1988. If you have questions or concerns about how we handle your information, we're here to help.

Privacy Officer Contact: info@velorinthas.com | +61409653307

Address: 1620 Hooker Blvd, Broadbeach Waters QLD 4218, Australia

Information We Collect

When you use velorinthas's cash flow management platform, we collect different types of information to provide you with effective financial tools and support. Here's what we gather and why it matters:

Personal Details
Your name, email address, phone number, and business information when you create an account or contact us. We need this to set up your account and communicate with you.
Financial Information
Transaction data, account balances, and cash flow records you input into our platform. This helps us provide accurate forecasting and reporting features.
Technical Data
IP addresses, browser types, device information, and usage patterns. We use this to improve our platform performance and security.
Communication Records
Emails, chat messages, and support tickets you send us. We keep these to provide better customer service and resolve issues efficiently.

We don't collect information we don't need. Every piece of data serves a specific purpose in delivering our services to you.

How We Use Your Information

Your data isn't just sitting in a database somewhere. We actively use it to make velorinthas work better for you:

  • Providing core cash flow management features like forecasting, reporting, and financial analysis
  • Processing your transactions and maintaining accurate account records
  • Sending you important updates about your account, service changes, or security alerts
  • Responding to your support requests and helping solve technical issues
  • Improving our platform based on how people actually use it
  • Preventing fraud and maintaining security across our systems
  • Meeting legal obligations under Australian financial regulations
  • Developing new features that address common user needs

We never sell your personal information to third parties. That's not how we operate, and it never will be.

Your Privacy Rights

Under Australian privacy law, you have specific rights when it comes to your personal information. These aren't just theoretical—you can actually exercise them:

Access Your Data

Request a copy of all personal information we hold about you. We'll provide it in a readable format within 30 days.

Correct Information

Ask us to fix any inaccurate or incomplete data. We'll update our records and notify relevant third parties if necessary.

Delete Your Account

Request deletion of your personal information, subject to legal retention requirements. Some data must be kept for compliance purposes.

Object to Processing

Opt out of certain data uses like marketing communications. Your core service functionality won't be affected.

Export Your Data

Download your financial records and transaction history in a portable format for use with other services.

Lodge a Complaint

Contact the Office of the Australian Information Commissioner if you're not satisfied with how we've handled your privacy concerns.

To exercise any of these rights, email info@velorinthas.com with your request. We'll verify your identity and respond within the timeframes required by law.

Data Security Measures

Financial information requires serious protection. Here's what we do to keep your data secure:

256-bit Encryption Level
24/7 Security Monitoring
ISO 27001 Certified Standards
Regular Security Audits
  • All data transmitted between your device and our servers uses industry-standard encryption protocols
  • We store sensitive information in encrypted databases with restricted access controls
  • Our team members only access your data when necessary to provide support or maintain services
  • Regular security assessments identify and address potential vulnerabilities before they become problems
  • Multi-factor authentication protects your account from unauthorized access
  • Automated backup systems ensure your data isn't lost in case of system failures
  • We maintain detailed logs of who accesses what data and when, for audit purposes

Your Security Responsibilities

While we implement strong security measures, you also play a role in protecting your account. Use strong, unique passwords, enable two-factor authentication, and never share your login credentials with anyone. Log out of shared devices and report suspicious activity immediately.

Sharing Your Information

We're selective about who we share your data with. Here are the situations where we might disclose your information:

  • Service providers who help us operate our platform, like cloud hosting companies and payment processors. These partners are contractually bound to protect your data and can't use it for their own purposes.
  • Professional advisors including lawyers and accountants when we need expert guidance on legal or financial matters affecting our service.
  • Government authorities when legally required, such as responding to valid court orders or complying with tax reporting obligations.
  • Business successors if velorinthas is acquired or merged with another company. You'd be notified in advance about any changes to how your data is handled.

We don't share your information with advertising networks or data brokers. Your financial data stays between you, us, and the essential service providers who help us operate.

Data Retention Periods

We don't keep your data forever. Different types of information have different retention periods based on business needs and legal requirements:

Active Account Period

While your account is active, we retain all your financial records and transaction history so you can access them anytime through the platform.

12 Months After Closure

Following account closure, we keep basic records for one year to handle any billing disputes or legal inquiries that might arise.

7 Years for Financial Records

Australian tax law requires us to maintain financial transaction records for seven years. This applies even after you close your account.

Permanent Deletion

Once retention periods expire and no legal holds apply, we permanently delete your personal information from our systems and backups.

If you close your account and want faster deletion of non-legally required data, contact us and we'll remove what we legally can right away.

International Data Transfers

velorinthas primarily operates within Australia, but some of our service providers use servers located overseas. When your data leaves Australia, we make sure it's still protected:

  • We only work with providers in countries with strong privacy laws comparable to Australia's standards
  • Contracts with overseas providers include specific data protection clauses that meet Australian requirements
  • Data transferred internationally receives the same encryption and security measures as locally stored information
  • You can request details about where your specific data is stored by contacting our privacy officer

Most of your sensitive financial data stays on Australian servers. Only non-sensitive operational data like usage analytics might be processed overseas.

Cookies and Tracking

Like most websites, we use cookies and similar technologies to make velorinthas work properly and understand how people use it:

  • Essential cookies keep you logged in and remember your preferences as you navigate the platform
  • Analytics cookies help us see which features get used most and where people encounter problems
  • Security cookies detect suspicious activity and protect against unauthorized access attempts

You can disable non-essential cookies through your browser settings, though this might affect some platform features. We don't use advertising cookies or sell your browsing data to third parties.

Changes to This Policy

We update this privacy policy occasionally to reflect changes in our practices or legal requirements. When we make significant changes, we'll notify you by email and display a notice on the platform.

The "Last Updated" date at the top of this page shows when the current version took effect. We recommend reviewing this policy periodically to stay informed about how we protect your information.

If you disagree with changes we make, you can close your account. Continued use of velorinthas after notification means you accept the updated terms.