Privacy Policy

We collect the following types of information:

• Personal Information: When you create an account or interact with our services, we may ask for personal details such as your name, email address, and financial information.
• Banking Information: We collect information about your bank accounts, transactions, and statements that you import into the app to help you track expenses, income, and investments.
• Usage Information: We collect information about how you interact with our app and website — such as screens viewed, features used, and device and diagnostic data — through analytics tools, to help us understand product usage and fix issues.

The information we collect is used to:

• Provide and Improve Services: To give you a seamless experience in managing your finances, including analyzing your expenses, income, and investments.
• Personalized Recommendations:To provide AI-driven financial insights, answers from our in-app AI assistant, and recommendations based on your financial data (see "AI Features and Data Sharing" below).
• Customer Support: To respond to your inquiries and assist with any issues you may encounter.
• Security: To maintain the security and integrity of your account.

WealthBeat includes optional AI-powered features: an in-app assistant you can ask questions about your finances, and automatically generated insights about your linked accounts. These features are powered by Claude, an artificial-intelligence model provided by Anthropic PBC("Anthropic"), a third-party AI service provider.

• What we share: When you use an AI feature, we send Anthropic the content of your request (for example, a question you type) together with the financial information needed to answer it. Depending on the feature and the view you are using, this can include account names and types, balances, transactions, holdings, liabilities, budgets, and related metadata from the accounts you have linked to WealthBeat.
• How it is collected: This information comes from the questions you type into the assistant and from the financial account data you have connected to WealthBeat through our account-linking providers.
• How it is used:The data is transmitted to Anthropic through WealthBeat's servers solely to generate the response or insight you requested. We also store your chat history so you can revisit past conversations, and we use it to operate, troubleshoot, and improve the AI features.
• Protections:Anthropic acts as a service provider processing this data on WealthBeat's behalf. The data is used only to provide the service, is not used to train Anthropic's AI models, and is subject to confidentiality and security obligations that provide the same or greater protection than this Privacy Policy. We never sell this data, and we never share it with Anthropic for advertising.

Your privacy and security are our top priorities. We implement industry-standard security measures to protect your information from unauthorized access.

• Encryption: All sensitive information is encrypted using secure protocols.
• Bank Credentials: We do not store your bank credentials. You grant us permission to access your bank account data solely for the purpose of providing our services.

We do not sell, rent, or share your personal information with third parties for marketing purposes. We may share information with trusted third-party service providers who assist us in delivering our services. These providers are required to adhere to strict privacy standards and to protect your data with the same or greater care than this Policy provides.

• Plaid Inc.: When you link your financial accounts, we use Plaid to connect with your financial institution. By using this service, you acknowledge that your information will be transferred and processed by Plaid in accordance with their privacy policy.
• Wealthica: When you link certain investment accounts, we use Wealthica to connect with your financial institution, and your information is processed by Wealthica in accordance with their privacy policy.
• Anthropic PBC:When you choose to use WealthBeat's AI features, your questions and relevant financial data are processed by Anthropic's Claude AI model on our behalf, as described in "AI Features and Data Sharing" above and in Anthropic's privacy policy.
• Analytics providers: We use analytics services (such as PostHog) to process usage and diagnostic information on our behalf, so we can understand how our products are used and improve them.

You have the following rights regarding your personal information:

• Access and Update: You can access and update your account information at any time within the app.
• Data Deletion: You can request to delete your account and personal data by contacting our support team.
• Opt-Out:You can opt-out of certain types of data collection, such as marketing communications — and you can turn AI features (and the data sharing they involve) on or off at any time in Profile & Settings.

We use cookies and similar technologies to enhance your experience on WealthBeat. These technologies help us analyze how the app is used, remember your preferences, and improve our services.

We may update this Privacy Policy from time to time. Any changes will be posted on this page and the effective date updated at the top. We encourage you to review this policy periodically.