Privacy Policy

Last Updated: February 28, 2025

1. Introduction

Welcome to FinWise ("we," "our," or "us"). We are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application FinWise (the "App").

2. Information We Collect

2.1 Personal Information

When you create an account, we collect:

• Email address
• Password (encrypted and stored securely)
• Name (if provided)
• Profile picture (optional, if uploaded)

2.2 Financial Data

To provide our services, we collect:

• Income information (amount and frequency)
• Expense transactions (amount, category, date, description)
• Financial goals (target amount, deadline, progress)
• Budget information
• Spending preferences and categories

2.3 Usage Data

We may collect information about how you use the App, including:

• App features accessed
• Time spent in the App
• Device information (model, operating system)

3. How We Use Your Information

We use the collected information to:

• Provide and maintain the App's services
• Process and store your financial transactions
• Generate financial insights and recommendations
• Sync your data across devices
• Improve and personalize your experience
• Send important updates and notifications
• Ensure security and prevent fraud

4. Data Storage and Security

4.1 Cloud Storage

Your data is stored securely using Firebase services:

• Firebase Authentication: Handles user authentication securely
• Cloud Firestore: Stores your financial data with encryption in transit and at rest
• Firebase Storage: Stores profile pictures securely

4.2 Local Storage

Some data is cached locally on your device for offline access and faster performance. This includes:

• Recent transactions
• User preferences
• Onboarding status

4.3 Security Measures

We implement industry-standard security measures:

• Data encryption in transit (HTTPS/TLS)
• Data encryption at rest
• Secure authentication (Firebase Auth)
• Access controls and user authentication
• Regular security updates

5. Data Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share your information only in the following circumstances:

• Service Providers: With trusted third-party services (Firebase/Google) that help us operate the App, subject to their privacy policies
• Legal Requirements: If required by law or to protect our rights and safety
• Business Transfers: In connection with a merger, acquisition, or sale of assets (with notice to users)

6. Third-Party Services

Our App uses the following third-party services:

• Firebase (Google): For authentication, database, and storage services. Their privacy policy: https://firebase.google.com/support/privacy
• Google Play Services: For app functionality and updates

These services have their own privacy policies, and we encourage you to review them.

7. Your Rights and Choices

You have the right to:

• Access: Request a copy of your personal data
• Correction: Update or correct your information through the App settings
• Deletion: Delete your account and data by following the steps on our Account Deletion page
• Data Export: Export your financial data (feature available in App settings)
• Opt-out: Stop using the App and delete your account at any time

8. Data Retention

We retain your data for as long as your account is active or as needed to provide services. If you delete your account, we will delete your personal data within 30 days, except where we are required to retain it for legal purposes. For detailed information about account deletion and data retention, please visit our Account Deletion page.

9. Children's Privacy

Our App is not intended for children under 13 years of age. We do not knowingly collect personal information from children under 13. If you believe we have collected information from a child under 13, please contact us immediately.

10. International Data Transfers

Your data may be transferred to and stored on servers located outside your country of residence. By using the App, you consent to the transfer of your data to these servers, which are operated by Firebase/Google and may be located in the United States or other countries.

11. Changes to This Privacy Policy

We may update this Privacy Policy from time to time. We will notify you of any changes by:

• Posting the new Privacy Policy in the App
• Updating the "Last Updated" date
• Sending you a notification (for significant changes)

You are advised to review this Privacy Policy periodically for any changes.

12. Contact Us

If you have any questions, concerns, or requests regarding this Privacy Policy or your personal data, please contact us: