This article explains the recent transfer of customer data from Guardance UAB, Lithuania, to FinSeven CZ s.r.o., Czech Republic, and how this affects customers using Guardarian services.
Why was the data transferred?
As part of an internal business transition, certain business operations, including customer relationships and technical infrastructure, have been transferred to our affiliated entity FinSeven CZ s.r.o., registered in the Czech Republic.
This change is intended to ensure business continuity and continued access to Guardarian services.
What data was transferred?
Only data strictly necessary to continue providing services was transferred. This may include:
identity and verification data previously collected through our verification partner, Sumsub;
account history and transaction-related data;
wallet and order-related information;
communication records related to your account and previous support requests.
No new categories of personal data are being collected as part of this transfer.
What is the legal basis for the transfer?
The transfer was carried out in accordance with the EU General Data Protection Regulation (GDPR), including the following legal bases:
Article 6(1)(b) — processing necessary for the performance of a contract, allowing us to continue providing services under the existing commercial relationship;
Article 6(1)(f) — processing based on legitimate interests, including maintaining business continuity;
Articles 13 and 14 — information provided to data subjects through the updated Privacy Policy and customer notice.
Who is the data controller now?
Following the transition, the data controller is:
FinSeven CZ s.r.o.
Na Čečeličce 425/4
Smíchov, 150 00 Praha 5
Czech Republic
For privacy-related questions, you may contact us at: compliance@guardarian.com
Guardance UAB may continue to retain limited data where required to comply with applicable legal and regulatory obligations, including EU Anti-Money Laundering requirements. This may include customer identification and transaction records that must be retained for the legally required retention period.
What rights do customers have?
Customers continue to have the same rights under GDPR, including the right to:
access personal data;
request correction of inaccurate data;
request erasure of personal data, where applicable;
restrict processing;
request data portability;
object to processing based on legitimate interest.
To exercise any of these rights, please contact:
Supervisory authorities
If you have unresolved concerns regarding the processing of your personal data, you may contact the relevant data protection authority, including:
the Lithuanian State Data Protection Inspectorate; or
the Office for Personal Data Protection of the Czech Republic.
Updated Privacy Policy
More details about how personal data is processed, including purposes of processing, retention periods, and security measures, are available in our updated Privacy Policy.
We encourage customers to review the Privacy Policy for full information about how personal data is handled.
Is any action required from customers?
No action is required from customers as a result of this transfer.
Your account status and access to Guardarian services remain unchanged, and you may continue using the platform as usual.
For any additional questions regarding this transition or the processing of your personal data, please contact us at:
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article