1. Introduction

Versefin (Pty) Ltd (“Versefin”), a private company, registered in the Republic of South Africa (Registration number 2021/832566/07), is a financial service provider (FSP) and registered credit provider (NCRCP17080), who’s primary and core business structure is focused upon that of a micro financier to personal clients.

2. Scope, Purpose and objectives

The terms and conditions encapsulated in this document is related to the access and effective or otherwise use of the Versefin website (versefin.co.za), hereinafter referred to as the “website” as well as any future or current Versefin software applications.

3. Ownership of the website and applications

The Versefin website and Versefin software applications are owned by Versefin (Pty) Ltd, with its registered address at 14 Bryanston Place, Bryanston, 41 Grosvenor Road, Gauteng. Versefin is also the owner of all future and related websites or amened and ancillary websites, together with applications which may emanate from Versefin in the ordinary course of conducing its business of seeking of profit.

4. Content of the website and applications

4.1 While Versefin will make every effort to update the information provided to the user in respect of the website and/or software applications on a regular basis, Versefin makes no express, implied, or tacit representations or warranties, as to the accuracy, completeness or reliability of any information, data and/or content on the website. You hereby directed to make contact with one of our representatives to ascertain the correctness of any information relied on.
4.2 These terms and conditions may be amended, without notification, from time to time, in the sole discretion of Versefin.
4.3 Users are encouraged to immediately report untrue, inaccurate, defamatory, illegal, infringing and/or harmful content available on the website and/or software applications to Versefin. Versefin in turn undertakes to correct and/or remove such content or any part thereof if the person reporting such content provided reasonable grounds to prove the alleged nature of the content.
4.4 The updated terms and conditions will be made available on the website: versefin.co.za.

5. Use of website and applications

5.1 The use of this website or applications together with the content contained therein, is provided as is, and although Versefin and its representatives and stakeholders undertake to provide accurate information, we cannot provide any guarantees in this regard and is Versefin indemnified of any damages that may be suffered or harm that may fall due to reliance being placed on the truthfulness and correctness of the information so depicted on the website and any applications, whether current or future.
5.2 The terms of use and conditions set out in this document are binding and legally enforceable against any person, who accesses or uses the Versefin website or software applications, whether current or developed in future.
5.3 By using this website or software applications, you acknowledge that you have read and understood these terms and conditions and agree to be bound by them. 5.4 Users of the Versefin website at versefin.co.za may view, download or print information that is available on our website or software applications, provided it is done for personal use and not for commercial purposes or
personal pecuniary gain by the user at the expense of Versefin or infringement of its intellectual property rights or otherwise.
5.5 Users may not use our website or software applications (including, but not limited to) illegal, offensive, nuisance or damaging purposes; or to create, store or send unsolicited communications.
5.6 The accidental or purposeful creation of any links to Versefin website from any other site whatsoever is strictly prohibited. Any links created will be reported to the applicable regulatory body and further action may be taken by Versefin for damages suffered, if any.
5.7 Users may not disassemble, reverse engineer, decompile, loan, lease, rent, sell, sublicense or create derivative works from this website or Versefin software applications or its content, that are currently developed or will be launched in future.
5.8 Users may not use any robot, spider, web crawlers, other automatic software or device, or manual process to monitor, search or copy our website or software applications or its content without the prior written permission from Versefin.
5.9 Users may not use this website or Versefin software applications to transmit any false, misleading, fraudulent or illegal communications.
5.10 We reserve the right to restrict or interdict your use and access to our website or software applications or part thereof in the event of any unauthorised use coming to the attention of Versefin and its representatives.
5.11 Our website or software applications were designed to ease the requirements and strain of applying for loans and other financial products for our clients. In order to provide our clients, the best service, we need to protect ourselves and our clients, which is the primary reason for these terms of use and conditions.
5.12 Your are expressly prohibited from using the Versefin website and applications if you do not expressly agree to be bound by the terms of use and
conditions contained herein. You are urged to immediately cease use of the website and applications if you do not agree with the terms of use and conditions.

6. Intellectual property

6.1 The content on this website or software applications is for your personal use only and not for commercial exploitation.
6.2 You agree to use the website or software applications for the purpose it was created only and not abuse any of Versefin’s rights in terms of intellectual property infringements.
6.3 Copyright and trademark rights may subsist in some or all of the content on our website or software applications.
6.4 Unauthorised use, reproduction, copying, dissemination, modification and/or distribution is strictly prohibited and constitutes an infringement of our intellectual property right.

7. Third party content

7.1 External hyperlinks may appear on our website from time to time or in future. This does not imply that there is any relationship between Versefin and any linked third party, nor do we necessarily endorse any such third party, its products and/or services or the security of their website. By using the link, you do so entirely at your own risk.
7.2 Advertising and other promotional material of third parties may appear on our website from time to time. We do not endorse such third parties or their products and/or services. Unless the information originates from Versefin, your reliance on any information contained in such material is entirely at your own risk.

8. Processing of personal information

8.1 Versefin deals with your personal information only as directed by you and in accordance with the Protection of Personal Information Act 4 of 2013.
8.2 By submitting your personal information in any form whether on our website or software applications, you agree that we may use your information for purposes of processing your request or application for any of our product offerings. This includes but is not limited to verifying your identity number with the Department of Home Affairs, performing a credit check and/or performing a criminal check. We are also further permitted to out source the creditability checks and identity confirmation to other parties or companies, whom will also deal with your information subject to the Protection of Personal Information Act 4 of 2013.
8.3 You agree to receive communication via email, SMS, WhatsApp and other Versefin digital portals or applications for purposes of verification, application processing and further communication regarding your application, profile and related products and services. 8.4 Please refer to our Privacy Policy, available at versefin.co.za/privacy-policy/.

9. Alternative dispute resolution

9.1 Any dispute arising in relation to our agreement with you, shall to the extent permitted by law, be referred to arbitration in Johannesburg at a venue to be determined by us applying the rules of the Arbitration Foundation of South Africa.

10. Limitation of liability

10.1 When you use the Versefin website software applications you do so entirely at your own risk.
10.2 We do not warrant that the functions provided by the website or software applications will be uninterrupted or error free, or that the website or software applications or the server that makes it available is free from viruses or other harmful components. Versefin will be wholly indemnified of any damages or harm that may be suffered as a result of use of any of the aforementioned mentioned.
10.3 Versefin shall not be held liable, in any manner whatsoever, for any damage or loss sustained by you, or a third party, arising out of your access or use of our website, or reliance on any information contained thereon.

11. Jurisdiction

This agreement is governed by the laws of the Republic of South Africa, irrespective of whether or not you are South African or are accessing our website outside of the Republic of South Africa

12. General

12.1 Versefin shall be entitled to cede, assign and delegate all or any of its rights and obligations in terms of these terms and conditions without notice to you.
12.2 If any provision of these terms and conditions which is or becomes unenforceable, whether due to voidness, invalidity, illegality, unlawfulness or for any reason whatever, shall, only to the extent that it is so unenforceable, be treated as not having been written and the remaining provisions of these terms and conditions shall remain in full force and effect.

13. Terms and conditions with regards to loans

All terms and conditions relating to a loan application or loan agreement are contained on the Versefin loan document (i.e quotation, application) and should be read carefully. Should any of the terms and conditions regarding loans be unclear, please contact us for assistance.