Privacy Policy

Overview

This Privacy Policy describes how Fraction, operated by Geometry Node LLC ("Fraction," "we," "us," or "our"), collects, uses, and discloses information.

Fraction provides the software, financial tools, and user experience to help manage your business. To securely process transactions and handle sensitive financial data, we partner with Finix Payments, Inc. ("Finix") as our underlying payment infrastructure provider.

By using Fraction, you acknowledge that your information will be securely routed to and processed by Finix in accordance with its legal agreements:

Finix Terms of Service: https://finix.com/legal/terms

Finix Privacy Policy: https://finix.com/legal/privacy

Finix strictly handles the backend payment processing, settlement, merchant underwriting, and PCI-compliant security of cardholder data. Fraction remains your primary software platform and does not act as a bank or money transmitter.

Not Financial or Legal Advice

Fraction does not provide financial, tax, investment, or legal advice. Any information provided through the platform is for informational purposes only and should not be interpreted as professional advice. You should consult your own advisors regarding financial, tax, or legal matters.

1. Information We Collect

We collect information necessary to provide the platform, facilitate payment processing, comply with legal obligations, and improve our services.

Business Information

Legal business name

DBA name

EIN or Tax ID

Business address

Ownership structure

Entity formation documents

Identity Verification Information

Full name

Date of birth

Government-issued identification

Social Security Number (partial or full where required)

Ownership percentages for business principals

Banking Information

Bank account numbers

Routing numbers

Bank statements and payout information

Transaction Information

Payment amounts

Dates and transaction metadata

Payment methods

Settlement and payout activity

Device and Usage Information

IP address

Browser type

Device identifiers

Operating system

Log and usage data

Cookies and Tracking Technologies

We may use cookies and similar technologies to improve functionality, monitor usage, and maintain security.

2. How We Collect Information

We collect information in several ways:

Directly From You

When you register, onboard, submit forms, connect bank accounts, process transactions, or communicate with us.

Automatically

Through platform usage, analytics tools, cookies, server logs, and device interactions.

From Third Parties

Including:

Finix Payments, Inc.

Banking partners

Payment networks such as Visa and Mastercard

Identity verification providers

Fraud prevention and compliance providers

3. How We Use Information

We use collected information to:

Provide and maintain the Fraction platform

Facilitate payment processing and settlement through Finix

Conduct identity verification and underwriting

Comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations

Detect and prevent fraud, abuse, unauthorized transactions, and security incidents

Provide customer support and account communications

Improve platform functionality and user experience

Monitor risk and comply with payment network requirements and applicable laws

Information may also be used by Finix for payment processing, underwriting, compliance oversight, transaction monitoring, and risk management.

3A. Legal Basis for Processing

Depending on your jurisdiction, we process personal information based on one or more of the following legal bases:

Performance of contractual obligations

Compliance with legal and regulatory requirements

Legitimate business interests, including fraud prevention and platform security

User consent where required by law

4. How We Share Information

We share information only as necessary to operate the platform and comply with applicable obligations.

With Finix Payments, Inc.

Information is shared with Finix, which is responsible for payment processing, settlement, merchant underwriting, risk monitoring, and PCI-compliant handling of payment data.

With Banking Partners and Payment Networks

To facilitate payment authorization, clearing, settlement, and payouts.

With Service Providers

Including vendors that support identity verification, fraud prevention, analytics, infrastructure hosting, communications, and customer support.

With Legal and Regulatory Authorities

When required by law, subpoena, legal process, regulatory inquiry, or to protect rights, safety, or platform integrity.

Business Transfers

In connection with mergers, acquisitions, financing events, or sale of company assets.

We do not sell or rent personal information to third parties for marketing purposes.

5. Data Security

We implement industry-standard administrative, technical, and physical safeguards designed to protect your information. These measures include encryption, secure infrastructure, access controls, and monitoring systems.

Cardholder data and sensitive payment information are processed and secured by Finix Payments, Inc. and its banking partners in accordance with PCI DSS requirements and applicable financial regulations.

No method of transmission or storage is completely secure, and we cannot guarantee absolute security.

6. Data Retention

We retain information as long as reasonably necessary to:

Provide services

Maintain accounts and transaction history

Comply with legal, tax, banking, and regulatory obligations

Meet payment network requirements

Detect fraud and resolve disputes

Certain information may be retained longer where required by Finix, banking partners, or applicable law.

7. Your Rights

Depending on your jurisdiction, you may have the right to:

Access your personal information

Correct inaccurate information

Request deletion of personal information, subject to legal obligations

Opt out of certain communications or processing activities

We may require identity verification before fulfilling requests.

8. Cookies and Tracking Technologies

We use cookies and similar technologies to:

Maintain platform functionality

Analyze platform usage and performance

Remember preferences and settings

Improve security and fraud detection

You may adjust cookie settings through your browser. Disabling cookies may affect platform functionality.

9. Third-Party Services and Links

The platform may contain links to third-party websites or services. We are not responsible for the privacy practices or content of third-party services. We encourage users to review the privacy policies of any external services they access.

10. Children's Privacy

Fraction is not intended for individuals under the age of 13. We do not knowingly collect personal information from children under 13.

11. Right to Monitor

Fraction and Finix may monitor account activity, transaction behavior, and platform usage for compliance, fraud prevention, security, underwriting, and risk management purposes.

12. Changes to This Privacy Policy

We may update this Privacy Policy periodically to reflect changes in our practices, technology, legal obligations, or services.

Updated versions will be posted within the platform or on our website. Continued use of Fraction after changes become effective constitutes acceptance of the revised Privacy Policy.

13. Contact Information