At Wealthii, we take your privacy seriously. This Privacy Policy explains how we collect, use, and protect your personal and financial information when you use our personal finance management application.

Data We Collect

Account Information

Email address
Name (optional)
Password (securely hashed)
Authentication preferences

Financial Data from Connected Services

When you connect your accounts, we receive:

From Plaid (US/CA/EU Banks)

Account names and types
Account balances
Transaction history
Merchant information

From Lean (UAE Banks)

Account details
Transaction history
Balance information
Payment categories

From SnapTrade (Brokerages)

Brokerage accounts
Holdings and positions
Trade history
Account balances

How We Use Your Data

Your data is used exclusively to provide you with:

Personal financial insights and recommendations
Spending analysis and budgeting tools
Net worth tracking and visualization
AI-powered financial assistant
Subscription detection and management
Credit card recommendations based on your spending

Our Privacy Promise

We will never sell, share, or monetize your personal financial data. Your data is processed solely to provide you with insights and recommendations. No third-party analytics, no advertisers, no data brokers—ever.

Data Security

We implement industry-standard security measures:

Encryption at Rest: AES-256-GCM encryption for sensitive identifiers and credentials
Encryption in Transit: TLS 1.2+ for all data transfers
Multi-Factor Authentication: TOTP and email OTP for financial operations
Secure Storage: Database hosted in UAE North region with SSL required
Access Controls: Session-based authentication with user data isolation

Data Retention

Data Type	Retention Period
Account & profile data	Until you delete your account
US/EU bank transactions (Plaid)	Until you delete your account
UAE bank transactions (Lean)	5 years (AML regulatory requirement)
Brokerage data (SnapTrade)	Until you delete your account
Audit logs	7 years

For UAE users: Transaction data from UAE banks is retained for 5 years after account deletion to comply with UAE Anti-Money Laundering regulations. This data is anonymized (personal identifiers are removed). Learn more about UAE data handling

Your Rights

You have the right to:

Access: View all data we hold about you
Export: Download your data in JSON or CSV format
Rectify: Correct any inaccurate information
Delete: Request deletion of your account and data
Disconnect: Remove connected bank or brokerage accounts at any time
Withdraw consent: Revoke any consent you have given

Third-Party Services

We use the following regulated third-party services to connect your accounts:

Plaid: For US, Canadian, and European bank connections
Lean: For UAE bank connections (FSRA regulated)
SnapTrade: For brokerage connections

These services handle authentication with your financial institutions. We never receive or store your banking credentials.

Contact Us

If you have questions about this Privacy Policy or want to exercise your data rights, please contact us at privacy@wealthii.app