I. GENERAL PROVISIONS
These Terms and Conditions govern the terms and conditions under which users may use the services of the Platform.
FaLanding.com is a domain operating as an Internet-based peer-to-peer platform to facilitate the purchase of segregated receivables arising from mobile service agreements, fixed service agreements or other agreements (the “Receivables”) from other users. The FaLanding.com platform also acts as an advertising tool, providing users with ideas and information.
FaLanding.com is administered by and owned by “ZONTA TECHNOLOGY” Ltd., registered in the Commercial Register and Register of NPLE under UIC 205357556, having its seat and registered office in: the Republic of Bulgaria, 2300, city of Pernik, 1 Rayko Daskalov Str., Business center “Pernik”, floor 2, ap. 6.
Correspondence details:
Phone: + 359 895 741 761
Email: p2p@FaLanding.com
Contact person: Vasil Despodov
FaLanding.com as a digital platform interacts with originators and users without being a party to the transactions between them and without taking responsibility for them, administering their relationship through a software application for organization and management.
“ZONTA TECHNOLOGY” Ltd declares that even if it is not the holder of the Receivables available for investment on the platform “ZONTA TECHNOLOGY” Ltd is duly authorized to dispose of the respective Receivables on behalf of and at the expense of the originators.
FaLanding.com may sell technology-enabled spaces on the Platform for the distribution of advertising content by third parties as advertisers, in which case the relationship between them shall be governed by a separate contract.
II. CHARACTERISTICS OF SERVICES AND USERS
The originators with whom transactions are concluded through the FaLanding.com platform are legal entities, including non-bank financial institutions registered under Article 3a of the Credit Institutions Act in the register of the Bulgarian National Bank, which are holders of the Receivables available in the platform in order to be offered for investment by the users.
The users of the FaLanding.com platform, hereinafter also the “ivestors”, are natural persons or legal entities who wish to or have purchased from originators principal Receivables already granted with the possibility of acquiring rights to receive investor payments.
The services presented through the platform are not provided with funds raised through contributions from the public.
Assignment agreements with investors are concluded remotely by electronic signature. The electronic signature is created by the originator or by FaLanding.com, generating a personal password, consisting of an arbitrary alphanumeric combination, which is sent to the user after prior identification via e-mail or telephone.
The creation of the electronic signature is done by generating a personal password, consisting of an arbitrary alphanumeric combination, which is provided to the investor after preliminary identification via e-mail or telephone. The user agrees that the signatures created in accordance with the preceding provision shall have the legal effect of a handwritten signature pursuant to Article 13(2) and Article 13(4) of the UEDEA.
The Assignment agreement shall become effective upon payment by the investor. The payment shall be considered made upon confirmation of receipt of the amount in the bank account of the originator or the administrator of the platform, and upon selection by the user of the option of reinvestment or automatic investment after confirmation by the investor.
The first payment from the investor and from the originator to the investor shall be made through a payment account with an international identifier IBAN standard, which also serves to identify the investor. Any party initiating a payment involving a third party - payment service provider shall bear the costs according to the third party's terms and tariffs.
The funds invested by consumers through the FaLanding.com platform to purchase Receivables are not deposits and are not protected by the Bank Deposit Insurance Act.
The services provided through the platform are not licensed investment services and are not subject to the regulatory rules on public offering of securities and marketable financial instruments or other regulations governing the activities of investment firms, collective investment schemes and other collective investment undertakings.
By taking up the option offered by the FaLanding.com platform to purchase a Receivable, the user fully assumes the associated risks of partial or total loss of the invested funds.
To increase the security of the investment and mitigate the risk, the originator provides a conditional buy-back guarantee for the Receivable in accordance with the agreement between the originator and the investor.
The minimum amount to invest is 100 /hundred/ BGN, respectivly 51 /fifty-one/ EUR or 53 /fifty-three/ USD.
Payment can be made with a Visa or MasterCard debit, credit or business card.
Transactions with bank cards are carried out through the MasterCard Identity check and VISA Secure security programs via DSK Bank's e-commerce platform.
From the security point of view, the maximum amount for payment by card is 10 000 /ten thousand/ BGN.
We do not store details of bank cards used for payment via the site.
III. ACCESS AND USE OF SERVICES
The FaLanding.com platform provides access to services after mandatory user registration by creating and personalizing a user profile.
Some of the information services on the FaLanding.com platform are also provided to users without the need for prior registration. These are open access information resources after an initial preview of the website.
The user registers its user profile account on the FaLanding.com platform, providing the necessary information and documents according to the criteria entered and the registration steps specified. If necessary, the user shall provide additional information, assistance for verification and identification, which shall be considered agreed to by entering the initial information for registration purposes. An automated system guides the user in the registration procedure.
The User undertakes to provide accurate, correct, up-to-date and complete information for his identification according to the set criteria of the registration conditions.
Each user is personally responsible for the accuracy of the content they enter and publish on the FaLanding.com platform, including declarations imported via their personal user profile.
The FaLanding.com platform reserves the right to monitor the correctness and timeliness of the data provided by users in their registered profile, to refuse and terminate registration without notice if it detects non-compliance with the criteria entered, the provision of insufficient or incorrect data, or to prevent a violation of applicable law.
The user uses the registered profile in the FaLanding.com platform after being confirmed and activated by the administrator, if it meets all the requisites and criteria for registration, which will be notified through the established communication channel.
Confirmation and activation of the user's account on the FaLanding.com platform does not constitute consent to transfer of Receivables.
By activating the registered account, the user is deemed to have authorized and permitted “ZONTA TECHNOLOGY” Ltd, as the owner of the FaLanding.com platform, to perform the actions necessary to provide services to the user in accordance with the modules and functionalities of the FaLanding.com platform, corresponding to the customized actions of the user account.
Users of the FaLanding.com platform can be adult natural persons over 18 years of age who can legally conclude contracts, excluding citizens of countries included in a List of High-Risk Jurisdictions under Regulations of the European Commission and Lists of the Financial Action Task Force (on Money Laundering).
Users of the FaLanding.com platform can be sole traders and legal entities duly registered in the relevant country and in accordance with the applicable legislation, identified including through their legal representatives, excluding sole traders and legal entities established and existing under the laws of countries included in a List of High-Risk Jurisdictions under Regulations of the European Commission and Lists of the Financial Action Task Force (on Money Laundering).
Each user of the FaLanding.com platform is responsible for maintaining the confidentiality of the usernames, passwords, identification codes and numbers provided and used by him/her, and shall be liable for any action and access performed with them, which shall be deemed to have been performed on behalf and at the expense of the user.
The user undertakes to maintain the confidentiality of his/her account access information and is fully responsible for all actions that are carried out using the username and password. The user undertakes to notify the platform immediately of any unauthorised access or the likelihood and suspicion of such access, as well as of any other possible breach of security.
FaLanding.com delivers the accessibility, continuity and security that are common to digital content or services of the same type within the reasonable expectations of users. Access to the Services may be temporarily limited by external causes beyond the control of the platform administrator, including but not limited to cases of force majeure, random events, problems in the global Internet network, or causes due to the equipment of providers or the user, in which cases it shall take the necessary actions to restore access as quickly as possible.
The FaLanding.com platform carries out the actions of technical input, maintenance, processing and updating of the information of the announced content, reserving the right to change the type, technology and design of the services provided.
IV. ASSIGNMENT, REINVESTMENT, AUTOMATIC INVESTMENT AND WITHDRAWAL
The investor may assign his Receivable to third parties who are users of the FaLanding.com platform with a registered user account with or without a discount or mark-up, subject to the terms of the agreement with the originator.
A transfer under the preceding provision shall be effective as to the originator upon receipt on the FaLanding.com platform of a bilateral notification by the transferor and the acquiring investor and confirmation by the administrator.
The investor may withdraw from the Agreement for all or part of the purchased Receivables by giving an express written statement to the originator via the FaLanding.com platform. Тhe termination of the Assignment agreement shall be governed by the terms and conditions set out therein.
The originator may terminate the Assignment agreement with the investor for all or part of the purchased Receivables by giving one month's notice to the investor via the FaLanding.com platform.
The investor can accumulate funds in advance, including from the acquired rights to receive payments, which are stored by the FaLanding.com platform as a personal wallet with virtual visualization of the stocks, to purchase new Receivables by reinvesting or auto-investing. The options for these are pre-set and unset by the investor by activating virtual buttons or using combinations to manage a virtual showcase with a market basket, according to a selection program of preferences, filters, settings proposed by the FaLanding.com platform.
V. PROCESSING AND PROTECTION OF PERSONAL DATA
By entering the necessary data for registration according to the set criteria and the specified steps in the FaLanding.com platform, the user makes an electronic statement by which he voluntarily provides and gives his explicit consent to the processing of information containing personal data, after reading the Privacy Policy.
Users' personal data will be used and processed to the extent necessary for the purposes of the services offered, accessible through the FaLanding.com platform, in accordance with the statutory procedure and will be protected by technical and organizational measures, in compliance with the requirements of the Personal Data Protection Act and EU Regulation 2016/679 of 27.04.2016, in force since 25.05.2018.
“ZONTA TECHNOLOGY” Ltd is a processor of personal data on behalf of and based on a written agreement with the originator.
The FaLanding.com platform accepts and declares a Privacy Policy, according to which the personal data of individuals are processed and protected.
VI. DISPUTES AND COMPLAINTS
Any potential dispute between the FaLanding.com platform and users will be resolved by mutual efforts of the parties by agreement.
Any user has the right to lodge objections or complaints in writing or electronically by sending them to the addresses and means of correspondence provided. “ZONTA TECHNOLOGY” Ltd shall consider the objection or complaint within 14 fourteen working days of receipt of the objection or complaint and shall issue a reasoned decision.
When there is no decision within the above mentioned period, and when the decision on the complaint or objection does not satisfy the consumer, the dispute may be referred to the Commission for Consumer Protection or to an alternative dispute resolution body for consumer disputes “ADR body”, through the Conciliation Commissions within the meaning of Article 181n, paragraph 4 of the Consumer Protection Act, if it falls within their scope of competence.
VII. OTHER CONDITIONS
Each user of the FaLanding.com platform and their legal representative is personally responsible for the legality of their actions.
The services of the FaLanding.com platform may only be used for lawful purposes in accordance with the stated terms and conditions of access to the services.
Unless otherwise stated, the FaLanding.com platform web page with its elements and content, artwork and design, trademarks, selected databases, software, domain, advertising productions, graphics, logos, photographs, etc., whether registered or not, are the property of “ZONTA TECHNOLOGY” Ltd or its suppliers and contractors, used with their consent and protected as intellectual property.
Hyperlinks from the FaLanding.com platform to sites owned by third parties, if any, are provided solely for the convenience of the user and the platform accepts no responsibility for them or their content, or for the way in which they use the user's personal data. In visiting any of these sites, the user does so entirely at his own risk and at his own risk.
FaLanding.com reserves the right to modify these Terms and Conditions by notifying users in writing on the website. Any amendment to this agreement will be effective for the existing relationship if no written objection is received from a user within 30 days to reject the amendments and changes. In the event of a user's disagreement, the original content shall remain effective as to the user.
These Terms and Conditions are accepted by “ZONTA TECHNOLOGY” Ltd.
Last amended and updated on 15.11.2022.