Privacy Policy

Overview

BuyerPass provides Proof of Funds Verification for business acquisitions. Buyers create a BuyerPass and complete verification when a deal owner requests it; a recent verification may be reused when permitted by the applicable opportunity and current product rules. Brokers and sellers receive a limited confirmation that a buyer meets a requirement — not the buyer's underlying financial data.

Information we collect

• Account information you provide when you register, such as your name, email address, role (buyer, broker, or seller), and organization.
• Profile and acquisition criteria you choose to share, such as target industries, deal size, and location preferences.
• Financial connection data obtained through our verification partner, Plaid, when you connect an account to complete a verification (see below).
• Usage information such as log data and device information generated as you use the platform.

Financial data and Plaid

To complete a Proof of Funds Verification, you connect one or more financial accounts through Plaid. Plaid retrieves the balance information needed to evaluate your eligible liquidity against an opportunity's requirement. BuyerPass uses this information to produce a verification outcome.

Your bank login credentials are handled by Plaid and are not stored by BuyerPass. Brokers and sellers receive a limited verification outcome — not your account numbers, specific balances, or institution details.

To be finalized before launch: Confirm the exact Plaid product scopes used (e.g., Balance, Assets), whether any balance snapshots are stored by BuyerPass, and reference Plaid's end-user privacy policy as required by your Plaid agreement.

How we use information

• To create your BuyerPass and process your Proof of Funds Verification.
• To let you present verified status to brokers and sellers on the opportunities you pursue.
• To operate, secure, and improve the platform.
• To communicate with you about your account and support requests.

How information is shared

BuyerPass limits how information is shared and shares it only in ways that support verification:

• With brokers and sellers you engage: your BuyerPass Preview and, when you choose to move forward, your complete BuyerPass — not your underlying account balances.
• With service providers such as Plaid, who process data to provide the verification service under contract.
• For legal reasons where required to comply with law or protect rights and safety.

BuyerPass does not sell your personal information.

To be finalized before launch: Confirm the complete list of sub-processors and whether any data-processing or data-sharing agreements must be referenced here.

Your controls and choices

• You control which brokers and sellers can see your complete BuyerPass through the Unveil process.
• You can update your profile and acquisition criteria at any time.
• You can request deletion of your account and associated data.

How we protect information

We use encryption for data in transit and at rest, limit internal access, and design the product so that counterparties receive a limited verification outcome rather than your underlying financial details. No method of transmission or storage is completely secure, but we work to protect your information. See our Security & Privacy overview for more detail.

Data retention

A completed Proof of Funds Verification has a limited validity period, after which a buyer re-verifies to keep their BuyerPass current. We retain account and verification records for as long as your account is active and as needed to operate the service.

To be finalized before launch: Specify exact retention periods for each data category and post-deletion backup handling, per your legal and compliance requirements.

Your rights

Depending on where you live, you may have rights to access, correct, delete, or port your personal information, and to object to or restrict certain processing.

To be finalized before launch: Detail the specific rights and request process for applicable jurisdictions (for example, U.S. state privacy laws and, if relevant, GDPR/UK GDPR), including any verification and response-time commitments.

Changes to this policy

We may update this policy from time to time. When we do, we will revise the date at the top of this page and, where appropriate, notify you.

Contact us

Questions about this policy or your data? Reach us through our contact formand we'll route your message to the right team.