Vield's Licensing & Registration

Credit Services

Vield Capital Pty Ltd (ABN 38 672 205 113) is a Credit Representative (No. 553950) of LSL Alternative Credit Pty Ltd (ABN 55 641 811 181), which holds Australian Credit License No. 526970.

  • Issuer: LSL Alternative Credit Pty Ltd
  • Distributor: Vield Capital Pty Ltd

Digital Currency Services

Vield Pty Ltd (ABN 92 658 666 356) is registered with AUSTRAC as a Digital Currency Service Provider (DCE100809730-001).

Card Services

The Virtual Prepaid Mastercard is issued by Immersve Pty Ltd (ABN 93 658 192 057, AFSL 545925) pursuant to license by Mastercard. Vield Capital Pty Ltd (ABN 38 672 205 113, AR No. 1310503) is an Authorised Representative of Immersve and acts as distributor and promoter.

Regulatory Framework

Applicable Laws

  • National Consumer Credit Protection Act 2009: Credit activities
  • Corporations Act 2001: Part 7.8A - Design and Distribution Obligations
  • AML/CTF Act 2006: Anti-Money Laundering and Counter-Terrorism Financing
  • Privacy Act 1988: Data protection and Australian Privacy Principles
  • PPSA 2009: Personal Property Securities Act - Security interests
  • Australian Consumer Law: Consumer rights and protections

Regulatory Bodies

  • ASIC: Australian Securities and Investments Commission
  • AUSTRAC: Australian Transaction Reports and Analysis Centre
  • AFCA: Australian Financial Complaints Authority
  • OAIC: Office of the Australian Information Commissioner

Target Market Determination (TMD)

What is a TMD?

A TMD describes the class of consumers for whom Vield's products are designed, considering objectives, financial situation, and needs.

Vield's Target Market

Vield loans are designed for consumers who:

  • Are 18+ years old
  • Are Australian residents or citizens
  • Are employed (full-time, part-time, or casual) for personal loans
  • Hold BTC or ETH and are willing to use it as collateral
  • Seek secured loans for short, fixed terms (12 months)
  • Require certainty on repayments and interest
  • Can demonstrate ability to repay
  • Are comfortable with online/mobile applications

Full TMD available at www.vield.io/tmd

Australian Consumer Law

Consumer Guarantees

The Australian Consumer Law provides guarantees that cannot be excluded:

  • Services provided with due care and skill
  • Services fit for specified purpose
  • Services provided within reasonable time

Nothing in Vield's Terms & Conditions attempts to modify or exclude these rights.

Personal Property Securities Act (PPSA)

When you provide collateral:

  • Security agreement: Terms & Conditions constitute a security agreement
  • Security interest: You grant Vield a security interest
  • Registration: Vield may register on the PPSR
  • Enforcement: Vield has PPSA enforcement rights if you default
  • Notice waiver: You waive certain PPSA notice rights to maximum extent permitted

Governing Law & Jurisdiction

Governing Law

Vield's Terms & Conditions are governed by the laws of New South Wales, Australia.

Jurisdiction

You and Vield submit to the exclusive jurisdiction of:

  • Courts operating in New South Wales
  • Courts entitled to hear appeals from those courts

Limitation of Liability

Liability Cap

Subject to Australian Consumer Law, Vield's maximum liability is limited to the total interest, fees, and charges you paid in the most recent 12 months.

Excluded Losses

Vield is not liable for loss of profit, benefit, revenue, business, goodwill, opportunity, savings, reputation, use, or data corruption.

Force Majeure

Vield is not liable for events beyond reasonable control including acts of God, large-scale internet or crypto network outages, civil unrest, terrorism, war, pandemics, government shutdowns, or nuclear/chemical/biological contamination.

Intellectual Property

All intellectual property (including copyright) developed by Vield vests in and remains vested in Vield.

Assignment

You cannot assign rights or obligations under Terms & Conditions without Vield's written consent.

Entire Agreement

Subject to Australian Consumer Law, Terms & Conditions contain the entire agreement between you and Vield.

Amendments

Vield may vary Terms & Conditions by publishing updated terms on the app/website.

Notices

Notices must be in writing and may be sent by:

  • Standard post: Deemed served 48 hours after posting
  • Email: Deemed served at time of transmission

Important Documents

Review these documents before using Vield:

  • Terms & Conditions: Full terms for personal or commercial loans
  • Target Market Determination: Who products are designed for
  • Privacy Policy: How information is handled
  • Loan Documents: Specific loan terms and schedules
  • Credit Guide: Information about credit services
  • Product Disclosure Statement (PDS): For card services
  • Financial Services Guide (FSG): For card services

All available at www.vield.io or via support@vield.io

Enforcement Expenses

If you breach the loan contract or default:

  • Vield may charge enforcement expenses
  • Limited to reasonable expenses including internal costs
  • Includes collateral preservation/maintenance/sale costs, collection expenses, dishonored payment fees, and legal costs
  • Debited to your loan account when incurred

Indemnity

You indemnify Vield from claims or losses arising from:

  • Your breach of Terms & Conditions
  • Your breach of law
  • Your breach of third-party rights
  • Acts of persons you authorize to access your account
  • Acts of unauthorized persons due to your negligence

Liability reduced proportionally if Vield caused or contributed to the loss.

Disclaimer: Vield's materials are general information only, not legal, tax, or financial advice.

Before making financial decisions, consider obtaining advice from:

  • Your accountant
  • Financial advisor
  • Solicitor

These professionals can provide personalized advice considering your specific circumstances.