Beam

Privacy Policy for Beam

Last Updated: July 02, 2025

1. Introduction
Kiyo Labs ("we," "us," or "our") is committed to protecting the privacy and security of users of Beam, our non-custodial, privacy-focused financial application. This Privacy Policy explains how we collect, use, disclose, and protect your information when you use Beam. By using the app, you consent to the practices described herein.

2. Information We Collect
Beam operates on a non-custodial model, meaning we do not custody, access, or control your funds, private keys, or digital assets. The types of information we may collect include:

● Technical Data: IP address, device type, operating system, browser type, and app usage data to ensure functionality and security.

● Transaction Metadata: Limited data processed through third-party providers for compliance purposes, such as transaction timestamps or amounts, without identifying personal details unless required by law.

● Voluntary Information: Any data you provide through support requests or feedback, such as your email address.

We do not collect or store sensitive personal information (e.g., government-issued IDs) unless mandated by legal process, and such data is handled exclusively by third-party compliance providers.

3. How We Use Your Information

We use the collected information for the following purposes:

● Service Delivery: To provide, maintain, and improve Beam’s features, such as private transactions and virtual account management.

● Compliance: To ensure adherence to anti-money laundering (AML) and counter-terrorism financing (CTF) regulations through automated screening and proof-of-innocence verification, which may involve a 30-45 minute transaction delay.

● Security: To detect and prevent fraud, unauthorized access, or malicious activities.

● App Enhancement: To analyze usage patterns and optimize performance, without linking data to individual users.

● Legal Obligations: To respond to lawful requests from government authorities or courts.

4. Data Sharing and Disclosure We do not sell, rent, or trade your personal information to third parties for marketing purposes. We may share information in the following circumstances:

● Third-Party Providers: With licensed partners (e.g., for fiat on/off-ramps or compliance screening) to facilitate Beam’s services. These providers are bound by their own privacy policies and legal obligations.

● Legal Requirements: With law enforcement, regulatory bodies, or other authorities if required by subpoena, court order, or applicable law.

● Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the successor entity, subject to this Privacy Policy.

5. Data Security

We implement robust security measures to protect your information, including:

● Encryption of data in transit and at rest using industry-standard protocols.

● Regular security audits and penetration testing by independent firms.

● SOC2-aligned operational practices and GDPR-compliant data handling. Despite these efforts, no online service is entirely immune to security breaches, and we cannot guarantee absolute protection.

6. Geographic Restrictions

Beam services are unavailable in the following jurisdictions due to regulatory, security, or operational constraints: Afghanistan, Albania, Algeria, Bangladesh, Barbados, Belarus, Bhutan, Bosnia and Herzegovina, Botswana, Burkina Faso, Burundi, Cambodia, Cameroon, Central African Republic, China, Cuba, Democratic Republic of the Congo, Ecuador, Eritrea, Ethiopia, Gambia, Gaza Strip, Grenada, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Jamaica, Jordan, Kenya, Kosovo, Lebanon, Liberia, Libya, Madagascar, Mali, Morocco, Mozambique, Myanmar, Nepal, Nicaragua, Niger, Nigeria, North Korea, North Macedonia, Pakistan, Qatar, Russian Federation, Senegal, Seychelles, Slovenia, Solomon Islands, Somalia, South Africa, South Sudan, Sudan, Suriname, Syria, Tanzania, Togo, Tonga, Trinidad and Tobago, Turkey, Turks and Caicos Islands, Uganda, Ukraine, Vanuatu, Venezuela, Vietnam, West Bank, Western Sahara, Yemen, Zimbabwe, United States, Canada. We enforce these restrictions using IP blocking, user agreement terms, and third-party screening.

7. Your Privacy Choices

● Access and Deletion: You may request access to or deletion of data we hold about you by contacting us at hello@kiyolabs.xyz, subject to legal retention requirements.

● Opt-Out: You can stop using Beam at any time, which will cease further data collection.

● Cookies and Tracking: Beam may use minimal tracking technologies (e.g., analytics) to improve functionality. You can disable these via your device settings, though this may affect app performance.

8. Children’s Privacy Beam is not designed or intended for users under the age of 18. We do not knowingly collect information from children. If we become aware of such data, we will delete it promptly.

9. International Data Transfers

Your information may be processed or stored in countries outside your jurisdiction, including the United States, where Kiyo Labs is based. We ensure such transfers comply with applicable data protection laws, including through standard contractual clauses with third parties.

10. Retention of Data

We retain your information only as long as necessary to fulfill the purposes outlined in this policy, comply with legal obligations, or resolve disputes. Transaction metadata may be retained for a period determined by third-party providers or regulatory requirements.

11. Changes to This Privacy Policy

We may update this Privacy Policy to reflect changes in our practices, legal requirements, or service offerings. Significant updates will be notified via the app or email. Your continued use of Beam after such changes indicates your acceptance of the revised policy.

12. Third-Party Links

Beam may contain links to third-party websites or services. We are not responsible for their privacy practices or content. Review their policies before providing information.

13. Contact and Complaints

For privacy-related inquiries, data requests, or complaints, contact us at hello@kiyolabs.xyz or visit https://kiyolabs.xyz. If you believe your privacy rights have been violated, you may also file a complaint with the relevant data protection authority in your jurisdiction.

14. Disclaimer

This Privacy Policy does not create any contractual or legal rights beyond those required by applicable law. Kiyo Labs operates solely as a technology provider and is not liable for the privacy practices of third-party service providers integrated with Beam.