Privacy Policy
Last updated: March 2026
This Privacy Policy describes how Parsek Inc. ("Parsek," "we," "us," or "our") collects, uses, shares, and protects information about you when you use the Parsek mobile application and related services (the "Services").
By using the Services, you consent to the practices described in this Privacy Policy. You also consent to the Bridge Privacy Policy and Privy Privacy Policy, which govern data processed by those providers on our behalf.
1. Information We Collect
Information You Provide
- Account information: email address, username
- Identity verification data: legal name, date of birth, residential address, phone number, government-issued photo ID, and in some cases bank statements and source of funds — collected and processed by Bridge on behalf of Parsek for KYC/AML compliance
- Financial information: bank account details linked for deposits and withdrawals
- Communications: messages you send to Parsek support
Information Collected Automatically
- Device information: device model, operating system, app version, build number
- Location data: timezone and locale inferred from your device settings
- Usage data: transaction history, feature interactions, app activity logs
- Network data: IP address
Information from Third Parties
- Bridge: identity verification results, KYC status, transaction data, and compliance flags
- Privy: wallet creation status and embedded wallet metadata (Privy does not share your private keys or wallet assets with us)
- Alchemy: on-chain transaction activity associated with your wallet address
2. How We Use Your Information
We use your information to:
- Create and manage your account
- Provide and operate the Services, including processing deposits, withdrawals, and transfers
- Facilitate identity verification and KYC/AML compliance via Bridge
- Detect, investigate, and prevent fraud, abuse, and illegal activity
- Screen against OFAC and other global sanctions watchlists
- Send you transaction notifications, account alerts, and support communications
- Improve and develop the Services
- Comply with applicable law and respond to legal requests
We do not sell your personal information. We do not use your personal information for cross-contextual behavioral advertising.
3. How We Share Your Information
We share your information only as described below:
| Recipient | Purpose |
|---|---|
| Bridge | KYC/AML identity verification, fiat on-ramp/off-ramp, virtual accounts, compliance monitoring |
| Privy | Embedded non-custodial wallet infrastructure |
| Alchemy | Blockchain node infrastructure and on-chain transaction monitoring |
| Supabase | Database and application infrastructure |
| Law enforcement / regulators | Where required by applicable law, court order, or government authority |
| Transaction counterparties | Limited identifying information necessary to process your transfers |
When you access Bridge services through Parsek, your information becomes subject to Bridge's Privacy Policy. Bridge is an independent data controller for information it collects directly. We do not share your personal information with third parties for their own marketing purposes.
4. Data Retention
We retain your information for as long as your account is active or as necessary to provide the Services, comply with our legal obligations, resolve disputes, and enforce our agreements. If you delete your account, we will retain information as required by applicable law, including anti-money laundering and financial recordkeeping requirements.
5. Data Security
We implement industry-standard security measures to protect your information, including encryption of data in transit and at rest, access controls based on business need, and employee security training. In the event of a data breach, we will notify you as required by applicable law.
Despite our efforts, no security system is impenetrable. We cannot guarantee the absolute security of your information.
6. Your Rights and Choices
All Users
- Access: Request information about the personal data we hold about you
- Correction: Request correction of inaccurate information
- Deletion: Request deletion of your personal data, subject to legal retention obligations
- Opt-out of marketing: Contact us or use the unsubscribe link in any marketing email
California Residents (CCPA)
You have the right to know, delete, correct, and opt out of the sale or sharing of your personal information. We do not sell or share your personal information. We will not discriminate against you for exercising your rights. To submit a request, contact us at support@parsekapp.com. We will respond within 45 days.
Colorado, Connecticut, Utah, and Virginia Residents
You have equivalent rights to access, correct, delete, and opt out of the processing of your personal data. Contact us at support@parsekapp.com to make a request.
EEA, UK, and Switzerland (GDPR)
If you are located in the EEA, UK, or Switzerland, you have the right to access, rectify, erase, restrict, port, and object to the processing of your personal data, and to withdraw consent at any time. You may also lodge a complaint with your local supervisory authority.
Legal bases for processing: contract performance, legal compliance (KYC/AML obligations), and legitimate interests (fraud prevention, security).
International transfers: Where personal data is transferred outside the EEA, we rely on Standard Contractual Clauses (SCCs) or other appropriate safeguards. Bridge Building Sp. Z.o.o. (Warsaw, Poland) acts as data controller for EEA users' data processed by Bridge.
To exercise your GDPR rights, contact us at support@parsekapp.com.
7. Cookies and Tracking
The Parsek mobile application does not use cookies. If you visit our website (parsekapp.com), we may use standard analytics tools. We do not use cookies for cross-site tracking or advertising.
8. Children's Privacy
The Services are not directed to individuals under the age of 18. We do not knowingly collect personal information from children. If we become aware that a child has provided us with personal information, we will delete it promptly.
9. Third-Party Links and Services
The Services may reference or link to third-party websites or services. We are not responsible for the privacy practices of those third parties. We encourage you to review the privacy policies of Bridge and Privy.
10. Changes to This Privacy Policy
We may update this Privacy Policy from time to time. We will notify you of material changes via email or in-app notification. Continued use of the Services constitutes your acceptance of the updated policy.
11. Contact
Parsek Inc.
Email: support@parsekapp.com
X: @parsekapp
Website: parsekapp.com