Insights · Explainer · for financiers, suppliers and distributors
Consent and the trading record: what a supplier or distributor agrees to share
A trading record helps a lender only if it can be shared, and it can be shared fairly only if the business understands what it agrees to.
Mtaji Insights
Published 31 October 2026. 2 min read.
Written by the Mtaji Insights desk and checked against Mtaji’s product terms and publication rules before release. Editorial standards
In brief
- Legal form comes first: a limited company’s trading data is not personal data, while a sole proprietor’s is.
- Each consent is asked for separately, and marketing needs a consent of its own.
- People keep the right to see, correct, erase, restrict or copy their data, within what the law requires Mtaji to keep.
Suppliers and distributors are asked to share more than they used to: orders, deliveries, settlements, details of their directors. This is what is shared on the platform, why, and what stays in the business’s control.
A company and a person are not the same
Data protection law protects people, not companies. A limited company’s trading data belongs to the company; the personal data of its directors and owners is theirs. A sole proprietor is a person, and the business’s data is personal data. That is why the platform asks about legal form first: what follows depends on the answer.
What the data is used for
Personal data is used to run the platform and the financing, to meet legal obligations such as anti-money-laundering and sanctions checks, and to keep the platform secure, prevent fraud and improve the service. Analytics use aggregated or anonymized data only. Optional uses, such as marketing, need consent.
One consent at a time
Each consent is asked for on its own, for its own purpose. Agreeing to a credit assessment is not agreeing to marketing, and no marketing message is sent to anyone who has not agreed to receive one. Withdrawing consent to data used for a credit assessment may make some products unavailable, which is worth knowing before deciding.
Rights that stay with the person
A person can ask to see, correct, erase, restrict or take a copy of the data they provided, or object to its use. Erasure is subject to what the law requires Mtaji to keep. Mtaji Technologies Limited is registered with the Office of the Data Protection Commissioner and is the data controller for the personal data it processes to run the platform.
When an anchor shares a list
An anchor that brings its suppliers and distributors to a program may share a list of them. The platform uses such a list only under a data-sharing agreement in which the anchor warrants a lawful basis for sharing it, and it separates business details from personal details on arrival. Without that agreement, the list is not used.
Assessments that explain themselves
When a business checks its readiness, the result is advisory. It explains itself in reasons a business can act on, lists the gaps with guidance on closing each, and offers a route to a person, never a bare refusal. The credit decision stays with the financier.