Compliance & Legal

Compliance Overview

RaiseIt operates in strict adherence to global crowdfunding regulations, financial compliance standards, and consumer protection laws. Our platform is designed to ensure transparency, security, and accountability for all stakeholders.

We are registered as a crowdfunding service provider under applicable regulations including:

• EU Regulation 2020/1503 on European Crowdfunding Service Providers (ECSP)
• SEC Regulation Crowdfunding (Reg CF) for U.S. operations
• FCA authorization for UK-based services
• Local regulatory requirements in all jurisdictions where we operate

Terms of Service

1. Acceptance of Terms

By accessing or using the RaiseIt platform, you agree to be bound by these Terms of Service, our Privacy Policy, and all applicable laws and regulations. If you do not agree to these terms, you may not use our services.

2. Eligibility

• You must be at least 18 years old to use RaiseIt
• You must have the legal capacity to enter into binding agreements
• Campaign creators must be residents or legal entities in jurisdictions where RaiseIt operates
• Backers must verify their identity as required by applicable regulations

3. Platform Services

RaiseIt provides a technology platform to facilitate crowdfunding campaigns. We do not:

• Guarantee that campaigns will reach their funding goals
• Take ownership of campaigns or project intellectual property
• Warrant the success of any funded project
• Act as a broker or investment advisor

4. Fees & Payments

Standard platform fee: 5% of total funds raised. Payment processing fees vary by region and are charged separately. All fees are deducted from successful campaigns only.

5. User Responsibilities

• Provide accurate, complete, and truthful information
• Maintain account security and credentials
• Comply with all applicable laws and regulations
• Use the platform for lawful purposes only

Privacy Policy

Your privacy is fundamental to our operations. This policy outlines how we collect, use, store, and protect your personal data in compliance with GDPR, CCPA, and other applicable data protection laws.

1. Information We Collect

2. Your Rights

• Right to Access: Request a copy of your personal data
• Right to Rectification: Correct inaccurate personal data
• Right to Erasure: Request deletion of your data
• Right to Restrict Processing: Limit how we use your data
• Right to Data Portability: Receive your data in a usable format
• Right to Object: Opt out of marketing communications

3. Data Security

We implement industry-standard security measures including:

• AES-256 encryption for data at rest
• TLS 1.3 encryption for data in transit
• Regular penetration testing and security audits
• Multi-factor authentication for all user accounts
• Annual third-party security assessments

AML & KYC Policy

RaiseIt maintains a robust Anti-Money Laundering (AML) and Know Your Customer (KYC) program to prevent financial crimes and ensure regulatory compliance.

1. Identity Verification

All users must complete identity verification before transacting on the platform. This includes:

• Government-issued ID verification (passport, driver's license)
• Proof of address documentation
• Facial recognition liveness check
• SANctions and PEP database screening

2. Transaction Monitoring

All transactions are monitored in real-time using AI-powered systems that detect:

• Unusual transaction patterns
• Structured transactions (smurfing)
• Geographic risk indicators
• High-risk jurisdiction activity

3. Reporting Obligations

We file required reports with relevant authorities including:

• Suspicious Activity Reports (SARs)
• Currency Transaction Reports (CTRs) for transactions over $10,000
• Cross-border transaction reporting

Risk Disclosure

Crowdfunding investments carry inherent risks that all participants should understand before engaging with campaigns on our platform.

Key Risks Include:

1. Project Failure Risk: Campaigns may fail to deliver promised products or services
2. Financial Loss Risk: Backed projects may not reach their funding goals
3. Liquidity Risk: Crowdfunding investments are typically illiquid
4. Regulatory Risk: Changes in laws may affect campaign viability
5. Market Risk: Economic conditions may impact project success
6. Operational Risk: Technical failures or security breaches may occur

Risk Mitigation Measures

RaiseIt implements several safeguards to protect users:

• Project verification and creator background checks
• Escrow account services for funded campaigns
• Dispute resolution mechanisms
• Transparent fee structures with no hidden charges
• Regular platform security audits

Intellectual Property

RaiseIt respects intellectual property rights and expects all users to do the same. Our policies protect both creators and the platform.

1. User Content Rights

Creators retain full ownership of their campaign content, including:

• Project descriptions and narratives
• Images, videos, and multimedia content
• Intellectual property related to their projects
• Trademark and copyright protections

2. Platform Rights

By using RaiseIt, you grant us a non-exclusive, royalty-free license to:

• Display and distribute campaign content on our platform
• Use campaign materials for promotional purposes
• Store and process necessary data for service provision

3. DMCA Compliance

We comply with the Digital Millennium Copyright Act and EU Copyright Directive. To report infringement:

• Contact our legal team at legal@raiseit.com
• Provide specific details of the infringing content
• Include your contact information and copyright proof
• We will respond within 5 business days

Dispute Resolution

We are committed to resolving disputes fairly and efficiently through multiple channels.

1. Resolution Process

1. Direct Negotiation: Initial contact between parties
2. Platform Mediation: RaiseIt facilitates resolution
3. Formal Complaint: Submit through our complaint portal
4. Arbitration: Binding arbitration if mediation fails
5. Legal Action: Court proceedings as last resort

2. Arbitration Agreement

Users agree to resolve disputes through binding arbitration under the rules of the International Chamber of Commerce (ICC). Arbitration will be conducted in English and governed by the laws of Switzerland.

3. Small Claims

Claims under $10,000 may be pursued in small claims court. Users are encouraged to seek local consumer protection assistance when appropriate.

Legal Contact

For legal inquiries, compliance questions, or regulatory matters, please contact our legal department:

Regulatory Authorities

We are registered with and supervised by:

• U.S. Securities and Exchange Commission (SEC)
• European Securities and Markets Authority (ESMA)
• UK Financial Conduct Authority (FCA)

For regulatory complaints, contact the appropriate authority in your jurisdiction. RaiseIt maintains an open relationship with all supervisory bodies and cooperates fully with regulatory inquiries.