WealthControl.io - Privacy Policy

Last updated: January 25, 2025

        Key Privacy Promise: Your financial data never leaves your device except for the secure, encrypted connection to your bank via Enable Banking's Open Banking API.
    

1. Data Collection

We collect only the financial data you authorize us to access from your bank account, including:

Account information (balances, account types)
Transaction history
No personal identification documents or sensitive personal information

2. How We Use Your Data

Your financial data is used solely for:

Displaying your account information
Categorizing transactions
Detecting recurring payments
Providing spending insights and recommendations
Local AI analysis for financial guidance

3. Data Storage

All data is stored locally on your device in an encrypted SQLite database. We do not use cloud storage or external databases.

4. Data Sharing

We do not share your data with anyone. Your financial information:

Is not sent to external servers
Is not shared with third parties
Is not used for advertising
Remains under your complete control

5. Third-Party Services

We use Enable Banking as our Open Banking provider to securely connect to your bank. Enable Banking is regulated and complies with GDPR and PSD2 requirements.

6. Data Security

Your data is protected by:

Local encryption
Secure HTTPS connections
OAuth2 authentication with your bank
No network transmission of raw financial data

7. Your Rights

You have full control over your data:

View all stored data
Delete all data at any time
Revoke bank access permissions
Export your data

8. Data Retention

Data is retained locally until you choose to delete it. No automatic data transmission or cloud backup occurs.

9. Contact

For privacy questions about this personal application, refer to the application documentation or source code.