Privacy Policy

Effective Date: January 26, 2026

Last Updated: February 13, 2026

Governing Law: Laws of Canada and the Province of Ontario

Welcome to ParkX. The Company's purpose is to design, develop, and operate an online platform enabling users to discover, reserve, and rent parking spaces. We are committed to protecting your privacy and ensuring your personal information is handled securely and responsibly. By accessing or using the ParkX Platform, you agree to the terms of this Privacy Policy.

1. Information We Collect

To provide the best experience on our mobile and web applications, we collect the following types of information:

1.1 Personal Information

  • Identity Data: Name and government-issued identification (if required for verification).
  • Contact Data: Email address and phone number.
  • Payment Data: Credit card details and transaction history, managed through secure third-party processors.

1.2 Location and Device Information

  • GPS Data: Real-time location data to help you find and book parking spaces near you.
  • Technical Data: IP address, device type, operating system, mobile device ID, and app version.
  • Cookies: We use cookies and similar tracking technologies to enhance your Platform experience.

1.3 Usage and Vehicle Information

  • Platform Activity: Search history, booking history, and app preferences.
  • Vehicle Data: License plate numbers and vehicle descriptions for parking authorization.

2. How We Use Your Information

We use your information for the following purposes:

  • Service Delivery: Facilitating parking space bookings and rentals between Hosts and Renters.
  • Security: Verifying your identity and ensuring the integrity of our Platform.
  • Operations: Processing payments, managing transactions, and analyzing usage trends.
  • Communication: Sending service-related notifications, updates, and promotional offers (with opt-out options).

3. Sharing Your Information

We do not sell your personal information. We share information only in these circumstances:

  • With Hosts and Renters: Sharing relevant contact and vehicle information between users to facilitate bookings.
  • Service Providers: Utilizing third-party vendors (e.g., payment processors, hosting providers) who are bound by strict confidentiality.
  • Legal Obligations: When required by law or to protect the safety of ParkX, its users, or others.
  • Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred to the new entity.

4. Data Governance & Security

4.1 Founders' Obligations

All founding members—Favour Nekabari, Samuel Ojo, Taiwo Adeleye, and Laurina Hedd-Williams—are bound by strict confidentiality requirements. They must keep all non-public Company information confidential during and after their involvement.

4.2 Security Measures

We implement industry-standard measures to protect your information. However, no electronic storage is 100% secure. We encourage users to maintain strong passwords and protect their login credentials.

4.3 Intellectual Property

All intellectual property, including source code, algorithms, and business methods related to the Platform, is owned by the Company.

5. Your Rights and Choices

Under Canadian privacy laws (including PIPEDA), you have the following rights:

  • Access and Correction: Request a copy of the personal information we hold and request corrections to inaccuracies.
  • Data Portability: Request your data in a portable, machine-readable format.
  • Withdraw Consent: Withdraw your consent for data processing at any time, subject to legal or contractual restrictions.
  • Deletion: Request the deletion of your personal information, subject to our legal retention obligations.

6. Data Retention & Cross-Border Transfers

  • Retention: We retain data only as long as necessary to fulfill the purposes outlined or as required by law.
  • Transfers: ParkX may store and process information in Canada or other jurisdictions where our founders or providers operate (including Ontario, Canada and Georgia, USA). By using the Platform, you consent to these transfers.

7. Children's Privacy

ParkX is not intended for individuals under the age of 18. We do not knowingly collect personal information from minors.

8. Dispute Resolution

Any disputes arising from this policy will be governed by the laws of Ontario. Unresolved matters shall proceed to mediation or binding arbitration in Ontario, Canada.

9. Contact Us

For inquiries regarding this policy, please contact:

ParkX

Address: Ontario, Canada