Privacy Policy
Effective 19 June, 2024
- Data Collection & Usage
We collect personal information such as your name, email address, and demographic information when you sign up for FinWise. We use this information to personalize FinWise for each user as FinWise operates globally with people from many different countries, and to communicate with you. None of this personal information is made available to any third parties, except for core service providers like our email service provider (Brevo).
We collect financial information such as your bank balances and transaction information. This information is used to provide FinWise's service and functionality to you. Your financial information is never made available to any third parties. If you connect your bank account to FinWise using one of our data providers (Plaid, Yodlee and MX), we recommend that you review their privacy policy. We do not take responsibility for the terms and privacy policies of these service providers, however we do review them from time to time to ensure they continue to conform with what we deem as reasonable and will disclose otherwise.
We collect anonymized API logging information which helps us to monitor usage patterns and improve your experience. All logs are anonymised, encrypted and are deleted after 30 days.
Additionally, we may also collect usage data, including device information, IP addresses, and app activity which we use to gather feedback to improve our product and services. None of this information is shared with any third parties except for the services we use to actually collect this information (Mixpanel, Google Analytics and Segment.io).
- Data Security
Data security is our number one priority. We implement stringent security measures to protect your data from unauthorized access, loss, or alteration. This includes but is not limited to data encryption both in transit and at rest, firewalls and IP address whitelisting, regular security audits, thorough and automated code tests, as well as other process-level security best-practises for handling and securing data.
- Third-party services
We may integrate with third-party services, such as cloud storage providers, analytics providers and payment providers to enhance functionality. These integrations are subject to their own privacy policies, and we recommend reviewing their terms and practices. We are not responsible for the privacy practices of these third parties, however we do review them from time to time to ensure that they are reasonable and will disclose if we feel otherwise.
- Cookies and Tracking Technologies
We may use cookies and similar tracking technologies to enhance your experience and gather usage information. These technologies may collect data such as IP addresses, device information, and app activity. You can manage your cookie preferences through your device or browser settings.
- Children's Privacy
FinWise is not intended for use by individuals under the age of 13. We do not knowingly collect personal information from children. If we become aware that personal information has been collected from a child without parental consent, we will take immediate steps to delete it.
- Changes to the Privacy Policy
We may update this Privacy Policy from time to time. Any changes will be effective upon posting the revised policy. We encourage you to review this policy periodically to stay informed about how we collect, use, and protect your information.