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Privacy Policy

Effective as of September 28, 2020

This privacy policy (the “Privacy Policy”) relates to the information collection and use practices of Bumped, Inc. and Bumped Financial LLC (collectively, “Bumped,” “we,” “our,” or “us”) in connection with our proprietary consumer reward program (the “Reward Program”) offered through our website(s) and mobile application(s) (collectively, the “Platform”).

By using our Platform, you are agreeing to the terms of this Privacy Policy and the accompanying Terms of Use. Capitalized terms not defined in this Privacy Policy shall have the meaning set forth in our Terms of Use.

The Information We Collect and Receive

In the course of operating the Platform and the Rewards Program, we will collect (and/or receive) the following types of information. You authorize us to collect and/or receive such information.

1. Personal Information When you register for the Rewards Program, or contact us, you will be required to provide us with personal information about yourself (collectively, “Personal Information”). Personal Information may include your name, address, e-mail address, phone number, date of birth, and social security number. We do not collect Personal Information from you when you visit the Platform unless you provide us with Personal Information voluntarily.

2. Payment Information Non-Card Linked Offer (CLO) Programs In order to register for the Rewards Program, you will be required to link an eligible payment card or cards to your account by providing our third-party vendors (“Payment Vendor”) with a debit card number, credit card number, and/or similar information (collectively, “Payment Information”). Payment Information is collected by our Payment Vendor(s) pursuant to the terms and conditions of its privacy policy, and we are provided with an encrypted token by such vendor in connection therewith. We do not obtain direct access to unencrypted Payment Information itself. By using the Platform, you acknowledge and agree that if, and to the extent that, your Payment Information, Personal Information, Transaction Information (as defined below), or any other information is collected by or transferred to Plaid Technologies, Inc. (“Plaid”) or other Bumped Payment Vendors, you acknowledge and agree to the terms and conditions of Bumped Payment Vendors, including Plaid. Plaid’s privacy policy (found here: https://plaid.com/legal/#privacy-policy) will govern Plaid’s use of such information, and by entering your Payment Information, you expressly agree to the terms and conditions of Plaid’s privacy policy. You hereby expressly grant Plaid the right, power, and authority to access and transmit your information as reasonably necessary for Plaid to provide its services to you in connection with your use of the Platform.

Card Linked Offer (CLO) Programs In order to register for the Card Linked Rewards Program, you must link one or more eligible payment card(s) to your account by providing "Payment Information." Payment Information is defined as debit card numbers, credit card numbers and/or other similar information. Payment Information is collected by third-party vendor(s) (“Payment Vendor(s)") pursuant to the terms and conditions listed below in Card-Linked Offers Privacy Information. We are provided with an encrypted token by Payment Vendor(s).. We do not obtain direct access to your unencrypted Payment Information. By using the Platform, you acknowledge, consent, and agree to the extent to which your Payment Information, Personal Information, and Transaction Information (as defined below), is collected by or transferred to Rakuten Card Linked Offer Network, Inc. (“RCLON”), or other Bumped Payment Vendors. You further acknowledge and agree to this Privacy Policy and the Card-Linked Offers Privacy Information below.

Card Linked Offers programs use RCLON for Transaction Monitoring and Verification Information. Moving money from a Bumped brokerage account to a bank account via Automated Clearing House (ACH) uses Plaid.

3. Transaction Information If you are enrolled in the Rewards Program, when you make a purchase for goods and/or services at any of the Merchants’ (as defined below) stores (including physical “In Store” and online “Online” sales channels) (each, a “Purchase”), we will collect, or our third-party payment vendor will collect on our behalf, information about your Purchase, including the date of the transaction, the dollar amount spent on Purchase, the Merchant name, the transaction location, the transaction categorization, transaction status, and related information about the Purchase (the “Transaction Information”). “Merchants” are participating merchants in the Rewards Program.

4. Securities Information If you are enrolled in the Rewards Program, when you earn rewards in the form of securities, we, and our clearing firm partner, will collect information about these securities transactions. In addition, if you sell any of the securities you’ve earned through the Rewards Program via the Platform, we and our clearing firm will collect information about such sales. The information we collect under this section is referred to as “Securities Information.”

5. Geolocational Information Certain features and functionalities of the Platform may be based on your location. In order to provide these features and functionalities while you are using a mobile device, we may, with your consent, automatically collect geolocation information from your mobile device or wireless carrier and/or certain third-party service providers. Such information is collectively called the “Geolocational Information.” Collection of such Geolocational Information occurs only when the Platform is running on your mobile device. You may decline to allow us to collect such Geolocational Information, in which case we may not be able to provide certain features or functionalities to you.

6. Other Information We may collect additional information (collectively, “Other Information”). Such Other Information may include:

a. From You. Additional information about yourself that you voluntarily provide to us, such as household income range, personal interests, and your product and service preferences.

b. From Your Activity. Additional information that we automatically collect when you use the Platform, including, without limitation:

  • IP address, which may consist of a static or dynamic IP address and will sometimes point to a specific identifiable computer or device.
  • Browser type and language;
  • Referring and exit pages and URLs;
  • Date and time;
  • Details regarding your activity on the Platform, such as search queries, amount of time spent viewing pages, and other performance and usage data.

c. About Your Device

  • Type of device;
  • Advertising Identifier (“IDFA” or “AdID”);
  • Operating system and version (e.g., iOS, Android or Windows);
  • Carrier;
  • Geo-location; and
  • Network type (WiFi, 3G, 4G, LTE).

d. From Cookies. We may use both session cookies, which expire once you close your web browser, and persistent cookies, which stay on your computer until you delete them and other technologies to help us collect data and to enhance your experience with the Platform. Cookies are small text files a website can use to recognize a repeat visitor to the website. We may use cookies for various purposes, including to:

  • authenticate users;
  • personalize your experience;
  • analyze which portions of the Platform are visited or used most frequently; and
  • measure and optimize advertising and promotional effectiveness.

If you do not want us to deploy cookies in your browser, you can opt out by setting your browser to reject cookies or to notify you when a website tries to put a cookie in your browser software. If you choose to disable cookies in your browser, you can still use the Platform, although your ability to use some of the features may be affected.

e. Third-Party Analytics. We use third-party analytics services (such as Google Analytics or Segment) to evaluate your use of the Platform, compile reports on activity, collect demographic data, analyze performance metrics, and collect and evaluate other information relating to the Platform and mobile and Internet usage. These third parties use cookies and other technologies to help analyze and provide us the data and, in some cases, connect such data with other data held by our, or third party, environments. You consent to the processing of data about you by these analytics providers in the manner and for the purposes set out in this Privacy Policy. For more information on these third parties, including how to opt out from certain data collection, please visit the sites below. Please be advised that if you opt out of any service, you may not be able to use the full functionality of the Platform.

For Google Analytics, please visit https://www.google.com/analytics For Segment, please visit https://segment.com

f. From Other Sources. Additional information that we collect or receive from third-party sources in accordance with their privacy policies.

The Information Collected by or Through Third-Party Advertising Companies

We may share other Information about your activity on the Platform with third parties, such as Facebook via the Facebook Connect functionality, for the purpose of tailoring, analyzing, managing, reporting, and optimizing advertising you see on the Platform and elsewhere. These third parties may use cookies, pixel tags (also called web beacons or clear gifs), and/or other technologies to collect such Other Information for such purposes. Pixel tags enable us, and these third-party advertisers, to recognize a browser’s cookie when a browser visits the site on which the pixel tag is located in order to learn which advertisement brings a user to a given site. Neither we nor any third party acting on our behalf employs behavioral advertising or retargeting in connection with users whom we know to be under 13 years old.

How We Use and Share the Information

We use Personal Information, Payment Information, Transaction Information, Securities Information, Geolocational Information, and other Information (collectively, “Information”) to provide you the Rewards Program and other services available on the Platform, solicit your feedback, and to improve our services to you. Also, we may share Information as described below, to the extent allowable under applicable federal and state laws, rules, and regulations.

  • In an ongoing effort to better understand our users and our Platform, we might analyze the Information in aggregate form in order to operate, maintain, manage, and improve the Platform. This aggregate information does not identify you personally. We may share and/or license this aggregate data with our affiliates, agents, and business partners, and other third parties, including, without limitation, Merchants. We may also disclose aggregated user statistics in order to describe our products and Platform to current and prospective business partners and to other third parties for other lawful purposes. No personally identifiable information is shared with aggregated data.
  • We may employ other companies and individuals to perform functions on our behalf. Examples may include companies and individuals providing marketing assistance, information technology support, ID verification, purchasing and selling securities, maintaining databases, and customer service. These other companies, including, without limitation, Plaid, will only have access to the Information necessary to perform their functions and to the extent permitted by law. Third parties are legally and contractually required to protect the confidentiality of Information provided.
  • We may share Transaction Information with Merchants for purposes of comparing Information with the Merchant’s internal data in order to verify activity, including but not limited to the authenticity of Purchases and Transactions and to detect fraudulent transactions, as permitted by law.
    We may share some or all of your Information with any of our parent companies, subsidiaries, joint ventures, and/or other companies under common control with us.
  • We may share Information if we engage in the purchase or sale of businesses or assets. In the event of a corporate sale, merger, reorganization, sale of assets, dissolution, or similar event, Information sharing may be required to facilitate these enterprise level activities.
  • To the extent permitted by law, we may also disclose the Information when required by law, court order, or other government or law enforcement authority or regulatory agency, or whenever we believe that disclosing such Information is necessary or advisable, for example, to protect the rights, property, or safety of Bumped, our users, or others. Bumped may share data for purposes of academic research. Individually identifying data will not be shared. No Card Linked Offer (CLO) Program data will be shared for external academic research.

If Bumped intends to use Information in any manner that is not consistent with this Privacy Policy, you will be informed of such anticipated use prior to or at the time at which the Information is collected.

How We Protect Your Information

We take commercially reasonable steps to protect the Information from loss, misuse, unauthorized access, disclosure, alteration, and destruction. We maintain physical, electronic, and procedural safeguards that comply with applicable state and federal laws and regulations to guard non-public personal financial information from unauthorized access, use, and disclosure. No security system is foolproof . We cannot guarantee the security of our databases, nor can we guarantee that the Information you supply will not be intercepted while being transmitted to and from us over the Internet.

Retention of Your Information

We will retain your Information for as long as it serves the purpose(s) for which it was initially collected as stated in this Privacy Policy, is subsequently authorized, or as otherwise required or permitted by law. We will also retain and use your Information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements.

Accessing and Modifying Personal Information and Communication Preferences

If you have registered for the Platform, you may access, review, and make changes to your Personal Information by following the instructions found on the Platform. In addition, you may manage your receipt of marketing communications by clicking on the “unsubscribe” link located on the bottom of any Bumped marketing email. Registered users cannot opt out of receiving administrative or transactional e-mails related to their account. We will use commercially reasonable efforts to process such requests in a timely manner. You should be aware, however, that it is not always possible to completely remove or modify information in our databases.

Important Notice to Non-U.S. Residents

The Platform and our servers are operated in the United States and elsewhere. Please be aware that your Information may be transferred to, processed, maintained, and used on computers, servers, and systems located outside of your state, province, country, or other governmental jurisdiction where the privacy laws may not be as protective as those in your country of origin. If you are located outside the United States and choose to use the Platform, you do so at your own risk.

Children

We do not knowingly collect Personal Information from children under the age of 13 through the Platform. If you are under 13, please do not give us any Personal Information. We encourage parents and legal guardians to monitor their children’s Internet usage and to help enforce our Privacy Policy by instructing their children to never provide Personal Information through the Platform. If you have reason to believe that a child under the age of 13 has provided Personal Information to us, please contact us and we will endeavor to delete that information from our databases.

Your California Privacy Rights

Under California Civil Code Section 1798.83, California residents who have an established business relationship with Bumped may choose to opt out of our sharing your Personal Information with third parties for direct marketing purposes. If you are a California resident and (1) you wish to opt out; or (2) you wish to request certain information regarding our disclosure of your Personal Information to third parties for the direct marketing purposes, please send an e-mail to [email protected]

In addition, Bumped does not monitor, recognize, or honor any opt-out or do not track mechanisms, including general web browser “Do Not Track” settings and/or signals.

External Websites

The Platform may contain links to third-party websites. Bumped has no control over the privacy practices or the content of any of our business partners, advertisers, sponsors, or other websites to which we provide links. As such, we are not responsible for the content or the privacy policies of those third-party websites. You should check the applicable third- party privacy policy and terms of use when visiting any other websites.

Changes to This Privacy Policy

This Privacy Policy is effective as of the date stated at the top of this Privacy Policy. We may change this Privacy Policy from time to time, and will post any changes on the Platform as soon as they go into effect. By accessing visiting the Website or using the Platform after we make any such changes to this Privacy Policy, you are deemed to have accepted such changes. Please refer back to this Privacy Policy on a regular basis.

How to Contact Us

If you have questions about this Privacy Policy, please e-mail us at [email protected]

Download our Privacy Policy as a PDF

View all legal disclosures

Card-Linked Offers Privacy Information

This Privacy Section applies to Card-Linked Offers within the Bumped App

Notwithstanding anything to the contrary in the Terms of Use or Privacy Policy, Company and its Third Party Service Providers (including RCLON) will use transaction information solely as follows:

Transaction Data: To confirm a Qualifying Purchase or return, and/or to match transactions for purposes of confirming whether you qualify for a security reward or an Offer; with the participating merchant where a transaction occurred as needed for the merchant to confirm a specific transaction occurred or that rewards should be awarded; for example, the date and amount of your purchase so the merchant can verify your purchase with its records if there is a missing or disputed transaction;

Provide participating merchants or Third Party Service Providers aggregated and anonymized information relating specifically to registered card activity solely to allow participating merchants and Third Party Service Providers to assess the results of their campaign;

Create a record of the transaction data and thereafter maintain and use data in connection with operating the Program;

Conduct analysis for the improvement and optimization of the Program; and Provide information in order to respond to a request from government authority or a payment organization involved in a transaction with you or a merchant. You authorize sharing, exchange and use of transaction data described above and herein by and among Bumped and Bumped’s Third Party Service Providers, applicable Payment Card Networks and applicable Merchants.

If you have consented to participate in our Card Linked Offer Program through our Platform, please visit the Terms of Use to learn more about the data collection, use, and sharing practices in connection with the program. If you would like to opt out of card linking and transaction monitoring in connection with our reward program, please.

  1. Go to Linked Cards
  2. Click to edit a linked card
  3. Click to Remove Card
  4. You must repeat this process for every card you wish to remove (opt out)

Contact us

Are you a financial institution or brand interested in working with Bumped to make your customers owners? Get in touch below!

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© 2020 Bumped Inc. All rights reserved. Use the following links to access Bumped Financial LLC's Privacy Policy, Terms of Use, Customer Agreement, and other Legal Disclosures.

The Bumped app and website are operated by Bumped, Inc. Brokerage services are provided by Bumped Financial LLC, member FINRA ↗/SIPC ↗. More about Bumped Financial LLC on FINRA’s FINRA BrokerCheck website ↗

Investing in securities involves risk, including possible loss of principal: Not FDIC Insured • No Bank Guarantee • May Lose Value. Past performance is not a guarantee of future results. Nothing on this site should be construed as an offer to purchase or sell securities.

Any market, economic and / or performance data shown is for hypothetical and illustrative purposes only. Data does not represent actual results.  Participation is only for investors who understand and agree to the risks inherent in their Bumped Accounts. Only qualifying purchases made according to the terms and conditions are eligible for stock rewards. Bumped does not charge brokerage fees. Bumped reserves the right to restrict or revoke any and all offers at any time.

Investors receive shares of ETFs as rewards. Investors should consider their investment objectives, risks, carefully before investing. This and other information are found in the fund prospectus. Please read the prospectus carefully before you choose to invest.

Rewards are accrued for investment after qualifying purchases, but may be reversed if the qualifying transaction is later reversed. Bumped does not assume the risk of market movements for returned items or disqualified transactions. 

Bumped Inc., its subsidiaries, agents, and employees expressly disclaim any responsibility for and do not maintain, control, recommend, or endorse third-party sites, organizations, products, or services, and make no representation as to the completeness, suitability, or quality thereof.

A few notes on fractional shares: they’re typically not transferable between brokerage firms. If you want to transfer your Bumped account, you may have to sell your fractional shares first. Fractional shares can’t be put into certificate form or physically mailed, nor do they have voting rights.