Privacy Policy

Effective Date: July 25, 2025

Welcome to Finx Academy ("we", "our", or "us"). This Privacy Policy explains how we collect, use, and safeguard your information when you use our platform at www.finxacademy.pro.

1. Information We Collect

a. Personal Data

We may collect personal information such as:

  • Full name
  • Email address
  • Phone number
  • Payment information (if applicable)
  • Educational institution affiliation
  • Academic progress and assessment scores
  • Financial simulation and portfolio data

b. Educational Data

As a financial education platform, we collect data related to your learning experience, including: course completion rates, quiz and assessment results, time spent on modules, financial simulation performance, and personalized learning preferences.

c. Usage Data

We automatically collect data about how you use our platform, such as your IP address, browser type, pages visited, and the time you spent on our website.

d. Cookies

We use cookies to improve your experience. You can choose to disable cookies through your browser settings, though this may affect some site functionality.

2. How We Use Your Data

  • To deliver and maintain our educational services
  • To track and report on learning progress and achievements
  • To personalize your educational experience and content recommendations
  • To communicate updates, course announcements, or changes
  • To offer customer support and technical assistance
  • To analyze usage patterns and improve our platform
  • To conduct educational research and develop better learning methodologies
  • To ensure compliance with educational institution requirements
  • To send you educational content and optional promotions

3. Sharing Your Information

We do not sell or rent your data. However, we may share your data with trusted third-party providers for:

  • Payment processing
  • Email communications and course notifications
  • Hosting and analytics
  • Educational institution reporting (with proper authorization)
  • Compliance with legal obligations

All partners are required to safeguard your data and use it only as instructed by us. When working with educational institutions, we share only relevant academic progress data with authorized personnel.

4. Educational Data and Student Privacy Compliance

FERPA Compliance

When working with educational institutions, we comply with the Family Educational Rights and Privacy Act (FERPA). When designated as a "school official" with "legitimate educational interests," we:

  • Maintain the confidentiality of student education records
  • Use student data solely for educational purposes
  • Provide mechanisms for students/parents to access and correct records
  • Implement appropriate security measures to protect education records

COPPA Compliance

In accordance with the Children's Online Privacy Protection Act (COPPA):

  • We do not knowingly collect personal information from children under 13 without verifiable parental consent
  • Educational institutions may provide consent on behalf of parents for educational purposes only
  • Parents have the right to review, delete, or limit collection of their child's information
  • We do not use children's data for commercial marketing purposes

5. Financial Information Protection

As a finance education platform, we treat all financial education data with special care:

  • We treat all financial education data with the same care as actual financial information
  • We do not sell or share your financial learning data with third parties for marketing
  • Practice exercises and simulations are kept confidential and secure
  • Investment simulation data is for educational purposes only and does not constitute financial advice
  • We maintain audit trails for access to sensitive financial education materials

6. Age Verification and Restrictions

We have specific age requirements for platform usage:

  • Users must be at least 13 years old to create an account independently
  • Users aged 13-17 require parental consent
  • Educational institutions may create accounts for students under their supervision
  • We verify age through account registration processes

7. Educational Institution Partnerships

School District Relationships

When partnering with educational institutions:

  • We act as an educational service provider under institutional oversight
  • Student data belongs to the educational institution, not Finx Academy
  • We provide transparency reports to partner institutions
  • Data sharing agreements comply with applicable education privacy laws

Instructor and Administrator Access

  • Educational institution staff have appropriate access to student progress data
  • We maintain role-based access controls for different user types
  • Instructors can monitor student engagement and completion rates
  • Administrators receive aggregated, non-personally identifiable reports

8. Your Rights

You have the right to:

  • Access your personal data and educational records
  • Request correction or deletion of your information
  • Limit or object to our data processing
  • Withdraw consent (for example, for newsletters)
  • Request deletion of learning progress and assessment data
  • Opt out of AI-driven personalization features
  • Receive your data in a portable format

Contact us at support@finxacademy.pro to make a request.

9. Data Retention and Deletion

Educational Data Retention

  • Student progress data is retained for the duration of enrollment plus 3 years
  • Account data is deleted within 30 days of account closure request
  • Educational institutions may request bulk data deletion upon contract termination
  • Backup systems are purged according to defined retention schedules

Right to Deletion

Users may request deletion of personal account information, learning progress and assessment data, communication records and support tickets, and simulated financial portfolio data.

10. Research and Analytics

Educational Research

We may use aggregated, de-identified data for improving financial literacy educational content, developing better learning methodologies, contributing to financial education research, and creating benchmark reports for educational effectiveness.

Learning Analytics

We track learning progress to personalize educational experiences while maintaining student privacy through data minimization. Detailed analytics are only shared with authorized educational partners.

11. Artificial Intelligence and Automated Decision Making

We may use AI to personalize learning paths and content recommendations. Automated grading systems maintain student privacy, and AI processing occurs within secure, privacy-compliant environments. Users can opt out of AI-driven personalization features.

12. Data Security and Breach Notification

We implement industry-standard security measures to protect your data. In the event of a data security incident:

  • We will notify affected users within 72 hours when required by law
  • Educational institution partners are notified immediately
  • We provide detailed incident reports to relevant authorities
  • Credit monitoring services may be offered for financial data breaches

13. International Users and Cross-Border Data

We comply with applicable international privacy laws including GDPR for European users, PIPEDA for Canadian users, and implement appropriate safeguards for international data transfers. Data localization requirements are respected where applicable.

14. Emergency and Safety Situations

We may disclose information without consent in cases of imminent threat to student safety or wellbeing, legal obligations to report suspected issues, emergency situations requiring immediate intervention, or court orders and valid legal process.

15. Third-Party Links

We may include links to third-party websites. We are not responsible for their content or privacy practices. We encourage you to review their policies.

16. Children's Privacy

Our services are not directed to children under 13 without proper consent. We do not knowingly collect personal data from minors without appropriate authorization. If you believe we have collected such data inappropriately, contact us to address it immediately.

17. Changes to This Policy

We may update this Privacy Policy occasionally. When we do, we'll revise the "Effective Date" at the top. For material changes affecting educational data, we will provide advance notice to institutional partners and users. We recommend reviewing it periodically.

18. Contact Us

If you have questions or requests regarding this Privacy Policy, contact us: