Finilo Privacy Policy

🔐 Privacy Policy for Finilo

Effective Date: June 15, 2025

Last Updated: June 15, 2025

At Finilo, we are committed to protecting your privacy and ensuring that your personal and financial information is handled with the highest level of care and responsibility. This Privacy Policy outlines what information we collect, how we use it, how we protect it, and what choices you have regarding your data.

This policy applies to all users of the Finilo mobile app and any related services we offer.

📥 What Information We Collect

We only collect the minimum information necessary to provide the core functionality of the Finilo app.

1. Personal Information

• Name – to personalize your experience and label your profile within a family.

• Email Address – used for secure login, account recovery, and family invitations.

2. User-Generated Financial Data

• Transactions – amounts, categories, and notes that you choose to input.

• Budgets – the amounts you set for tracking your spending.

• Tags/Sub-Tags – custom labels for your expenses and savings goals.

• Accounts – account names and balances (e.g., Cash, Savings, Credit Card).
  Note: Finilo does not collect or process actual bank account numbers, card details, or passwords.

3. Usage Information

• App performance metrics (e.g., screen usage, crash logs, etc.) collected anonymously to improve app stability and user experience.

🔒 How We Use Your Data

We use your data exclusively to provide the core functionality of Finilo and improve the user experience.

• To create and manage your account

• To support budgeting, tracking, and family-sharing features

• To analyze app usage trends (anonymously) to improve the product

• To respond to support requests

We do not use your data for advertising or marketing purposes.

🤝 Data Sharing

We do not sell, rent, or share your personal or financial data with any third-party marketers or advertisers.

Your data is used solely within Finilo for providing the features you expect.

We may use trusted third-party services (e.g., Firebase by Google) to securely store your data. These services are fully GDPR-compliant and use encrypted data transmission and storage.

🛡️ Data Security

We take security seriously and apply industry-standard practices to protect your data.

• Data is encrypted in transit using HTTPS/TLS

• User authentication is handled securely using Firebase Authentication

• Sensitive information is never shared without your explicit consent

• Regular security updates are applied to ensure continued protection

Despite these efforts, no method of electronic storage is 100% secure. We encourage users to use a strong password and never share their login credentials.

📲 User Control & Data Retention

You have full control over your data:

• You can view, edit, or delete your transactions and accounts at any time

• You can remove family members or delete your entire family group

• You can request full account deletion by contacting us at the email below

If your account is inactive or deleted, we may retain anonymized usage data for analytics, but your identifiable financial and personal data will be removed.

🌐 International Users

While Finilo is available globally and supports multiple currencies, all data is stored securely using servers based in regions compliant with major data protection laws, including GDPR and CCPA.

📬 Contact Us

If you have questions/concerns please fill in this form and we shall get back to you shortly.