Privacy Policy for Spendwise Pro

Last Updated: May 27, 2025

This Privacy Policy describes how Spendwise Pro (the “App”), developed by Fusedlogic Innovations Pvt Ltd, collects, uses, and protects information when you use our mobile application.

1. Our Commitment to Your Privacy

Spendwise Pro is designed with your privacy in mind. We believe in keeping your financial data secure and private. This App operates on an offline-first approach, meaning all your financial data is stored locally on your device only. We do not transmit your personal financial transactions, categories, accounts, or any other financial data to our servers or any third-party cloud services.

2. Information We Do Not Collect

We want to be absolutely clear:

  • We DO NOT collect, store, or transmit your financial transaction data (expenses, income, transfers), categories, accounts, budgets, savings goals, or any similar sensitive financial information. This data resides exclusively on your device.
  • We DO NOT require you to create an online account or log in with personal credentials (like email or social media accounts) to use the core features of the App.
  • We DO NOT track your specific usage patterns within the financial management features of the App.

3. Information We May Collect (Non-Financial)

While your financial data stays on your device, certain functionalities and third-party integrations may involve the collection of limited, non-financial information.

  • Device-Local Information for App Functionality:
    • Local PIN/Security Questions: Your local PIN and security question answers are stored only on your device and are encrypted. They are used solely for local authentication within the App and are not transmitted to us.
    • App Settings and Preferences: Your chosen language, theme (light/dark mode), preferred currency, and other app settings are stored locally on your device to personalize your experience.
    • Backup & Restore Data: When you choose to use the encrypted backup feature, the encrypted backup file is created and stored locally on your device. If you choose to export it to cloud storage or email, you are responsible for the security of that chosen destination. Spendwise Pro does not have access to these backup files unless you explicitly choose to share them.
    • Recurring Transaction Notifications: To deliver notifications for pending recurring transactions, the App may use local device notification services. No personal data related to these transactions is sent to external servers for this purpose.
  • Location Information (for Currency Auto-Detection):
    • The App may access your device’s approximate location once during the initial setup or when you explicitly request currency auto-detection. This is solely to suggest a default currency based on your region. We do not store your location data or use it for any other purpose. You have full control to accept, change, or decline the suggested currency, and your preferred currency is stored locally.
  • Voice Command Data (for AI & Chatbot Feature):
    • When you use voice commands to add transactions or interact with the chatbot, your voice input is processed by AI services (e.g., Google’s speech-to-text, or similar third-party AI APIs) to convert it into text. This text is then used by the AI chatbot to understand your request and provide a response.
    • While we strive to use privacy-preserving AI models, you should be aware that the voice data or transcribed text may be temporarily processed by these third-party AI service providers to fulfill the request. We aim to choose providers with strong data privacy commitments.
    • We do not store your voice recordings or the specific content of your financial voice commands on our servers. The AI processes the data to fulfill the request and does not retain it for future use by Spendwise Pro or third parties, beyond what is necessary for the AI service itself.
    • AI Learning: The AI chatbot may learn user behavior patterns in a generalized and anonymized manner to improve its financial assistance and recommendations. This learning happens primarily based on the types of interactions and responses provided, not on your specific individual financial data.
  • Non-Personal Data for Analytics and Advertising:
    • Google AdMob: Spendwise Pro uses Google AdMob for monetization through advertising. AdMob may collect and use certain non-personal information to serve relevant ads. This information may include:
      • Device type, operating system, and unique device identifiers (e.g., Advertising ID).
      • IP address (used to infer approximate location for geo-targeting ads).
      • Information about ad impressions, clicks, and conversions.
      • Data derived from your general app usage (not your specific financial data).
    • Google AdMob’s data collection and usage are governed by Google’s Privacy Policy. You can learn more about how Google uses data at https://policies.google.com/technologies/ads and https://policies.google.com/privacy.
    • Ad Personalization: You can generally control ad personalization settings on your device through your device’s settings (e.g., Android: Google Settings > Ads; iOS: Settings > Privacy & Security > Tracking).
    • Usage Data (Aggregated/Anonymized): We may use third-party analytics services (e.g., Google Analytics for Firebase, if implemented) to collect general, aggregated, and anonymized data about app usage (e.g., crash reports, general feature usage frequency). This data is used solely to improve app stability and performance and does not identify you personally or reveal your financial data.

4. How We Use Information

The limited information we collect is used solely for the following purposes:

  • To provide and maintain the functionality of the Spendwise Pro app.
  • To personalize your app experience (e.g., theme, language, preferred currency).
  • To facilitate local authentication and security (PIN).
  • To provide financial insights and assistance via the AI chatbot.
  • To display advertisements through Google AdMob to support the free features of the app.
  • To analyze app performance and stability (using aggregated, anonymized data).

5. Data Retention

  • Your Financial Data: All your financial data (transactions, categories, accounts, etc.) is stored locally on your device and is retained for as long as you keep the app installed on your device. If you uninstall the app, this data will be deleted unless you have created and exported a backup file.
  • Backup Files: Encrypted backup files are stored locally on your device. Their retention is subject to your management of those files (e.g., if you move them to cloud storage).
  • Non-Personal Data: Non-personal data collected by third-party services like Google AdMob is retained according to their respective privacy policies. Aggregated and anonymized usage data is retained for analytical purposes as long as deemed useful for app improvement.

6. Data Security

We are committed to protecting the information on your device.

  • Your local PIN and security answers are encrypted and stored only on your device.
  • We implement security measures for data stored locally on your device, such as encryption for backup files.
  • While no electronic storage or transmission method is 100% secure, we strive to use commercially acceptable means to protect your information.

7. Third-Party Services

Spendwise Pro integrates with the following third-party services:

  • Google AdMob: For displaying advertisements. Their privacy policy can be found at https://policies.google.com/privacy and https://policies.google.com/technologies/ads.
  • [Potentially other AI APIs for Voice/Chatbot]: If specific third-party AI APIs are used for the voice commands or chatbot, you should list them here with links to their privacy policies. For example, if using Google Cloud AI services, link to Google’s privacy policy.

We are not responsible for the privacy practices of these third-party services. We encourage you to review their respective privacy policies.

8. Children’s Privacy (COPPA)

Spendwise Pro is not intended for use by children under the age of 13. We do not knowingly collect personally identifiable information from children under 13. If we become aware that we have collected Personal Data from a child under 13 without verification of parental consent, we take steps to remove that information from our servers.

9. Changes to This Privacy Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the “Last Updated” date. You are advised to review this Privacy Policy periodically for any changes.

10. Contact Us

If you have any questions or concerns about this Privacy Policy, please contact us at:

[email protected] https://spendwisepro.in/contact