Introduction
Welcome to WealthWiseAI ("we," "our," or "us"). We are committed to protecting your privacy and ensuring you have a positive experience using our personal finance application. This Privacy Policy explains how we collect, use, and safeguard your information when you use the WealthWiseAI iOS application.
🔒 Privacy First: WealthWiseAI is designed with privacy at its core. All your financial data is stored locally on your device and never uploaded to our servers.
Information We Collect
1. Information You Provide
When you register for WealthWiseAI, we collect:
- Full Name: Used to personalize your experience within the app
- Email Address: Used for account verification via one-time password (OTP) and support communications
- Phone Number (Optional): Stored locally for your reference
2. Financial Data (Stored Locally Only)
The following data is stored exclusively on your device using Apple's SwiftData framework and is never transmitted to our servers:
- Expense and income transactions
- Budget settings and limits
- Categories and tags
- Account types and preferences
- Currency settings
3. Automatically Collected Information
We use Firebase Analytics to collect anonymous usage data to improve the app experience:
- App usage patterns (screens viewed, features used)
- Device type and iOS version
- App version
- Crash reports and performance data
This data is anonymized and cannot be used to identify you personally.
Third-Party Services
WealthWiseAI integrates with the following third-party services:
1. Firebase (Google)
- Firebase Analytics: Collects anonymous usage statistics to help us improve the app
- Firebase Remote Config: Delivers app configuration settings (e.g., feature flags, rate limits)
- Firebase Crashlytics: Collects crash reports to help us fix bugs
For more information, see Firebase Privacy Policy.
2. AI-Powered Features
WealthWiseAI uses artificial intelligence from leading AI model providers to power features like Receipt Scanner and Document Import. When you use these AI-powered features:
- Images of receipts or documents may be sent to third-party AI services for processing
- The AI extracts transaction data (amounts, dates, merchant names, line items) from the images
- Images are processed in real-time and are not stored by AI providers for training purposes
- Extracted transaction data is stored locally on your device
- You can configure which AI service to use in the app settings
We may use AI services from providers including but not limited to:
The specific AI provider used depends on your app configuration and availability. All AI processing is done securely, and your financial data remains on your device.
3. Google Apps Script
We use Google Apps Script for:
- User registration and email verification (OTP)
- Basic user status tracking (active/inactive)
Only your name, email, and registration status are stored in our secure Google Sheets database.
How We Use Your Information
We use the information we collect to:
- Provide and maintain the WealthWiseAI app
- Verify your email address during registration
- Personalize your app experience
- Analyze app usage to improve features and performance
- Send important updates about the app (if you opt-in)
- Respond to your support requests
Data Storage and Security
Local Storage
All your financial data (transactions, budgets, categories) is stored locally on your device using Apple's SwiftData framework. This data:
- Never leaves your device unless you explicitly export it
- Is protected by your device's security (Face ID, Touch ID, passcode)
- Is deleted when you uninstall the app or use the logout feature
Cloud Storage
Minimal user information (name, email, registration status) is stored in our secure Google Sheets database for account management purposes only.
Data Sharing
We do not sell, trade, or rent your personal information to third parties. We only share data with:
- Service Providers: Third-party services listed above that help us operate the app
- Legal Requirements: When required by law or to protect our rights
Your Rights and Choices
You have the following rights regarding your data:
- Access: View all your data within the app
- Export: Export your transactions as CSV files
- Delete: Use the Logout feature to delete all local data and deactivate your account
- Opt-out: You can limit analytics collection through your device's privacy settings
Data Retention
- Local Data: Retained until you delete it or uninstall the app
- Registration Data: Retained until you request deletion or deactivate your account
- Analytics Data: Retained according to Firebase's data retention policies (typically 14 months)
Children's Privacy
WealthWiseAI is not intended for children under 13 years of age. We do not knowingly collect personal information from children under 13. If you are a parent or guardian and believe your child has provided us with personal information, please contact us.
International Data Transfers
Your information may be transferred to and processed in countries other than your own (e.g., United States where Google's servers are located). We ensure appropriate safeguards are in place to protect your information.
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 on this page
- Updating the "Last Updated" date at the top
- Notifying you through the app for significant changes
Contact Us
Consent
By using WealthWiseAI, you consent to this Privacy Policy and agree to its terms.