BudgetWise Privacy Policy

**Last Updated: November 26, 2024**

BudgetWise, operating out of 45, Queen's Road Central, Hong Kong, respects your privacy and is committed to protecting your personal data. This privacy policy will inform you as to how we look after your personal data when you use our application or website, and tell you about your privacy rights and how the law protects you.

1. Important Information and Who We Are

Purpose of this Privacy Policy:

This policy aims to give you information on how BudgetWise collects and processes your personal data through your use of this app and website, including any data you may provide when you sign up for a service or subscribe to a newsletter.

Contact Details:

• **Name:** BudgetWise Legal Department
• **Address:** 45, Queen's Road Central, Hong Kong
• **Email:** [email protected]

2. The Data We Collect About You

We may collect, use, store and transfer different kinds of personal data about you which we have grouped together as follows:

• **Identity Data:** Includes first name, last name, username, and encrypted unique identifier.
• **Contact Data:** Includes email address and telephone numbers.
• **Financial Data:** Crucially, we do not store your direct bank login credentials. We only store encrypted, transactional data and account balances linked via secure third-party integration partners.
• **Technical Data:** Includes internet protocol (IP) address, login data, browser type and version, time zone setting, and operating system.
• **Usage Data:** Includes information about how you use our app and services.

3. How Your Personal Data is Collected

We use different methods to collect data from and about you, including through:

• **Direct Interactions:** You may give us your Identity, Contact, and Financial Data by filling in forms or corresponding with us by post, phone, email, or otherwise.
• **Automated Technologies or Interactions:** As you interact with our app, we will automatically collect Technical Data and Usage Data about your equipment, browsing actions, and patterns.
• **Third Parties:** We receive data from third-party financial service providers (for secure bank data synchronization).

4. How We Use Your Personal Data

We will only use your personal data when the law allows us to. Most commonly, we will use your personal data in the following circumstances:

• To register you as a new customer.
• To process and manage your transactions and usage of the BudgetWise app.
• To provide you with personalized spending reports and financial insights.
• To improve our app, services, marketing, customer relationships, and experiences.

5. Data Security

We have put in place appropriate security measures to prevent your personal data from being accidentally lost, used, or accessed in an unauthorized way, altered, or disclosed. Access to your financial data is strictly controlled and protected by 256-bit AES encryption.