Privacy Policy

Effective Date: August 17, 2024

Introduction

Welcome to FinAID. We are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy outlines how we collect, use, and safeguard your data when you use our app, including any services provided through our platform.

Information We Collect

The information you provide is used for the following purposes:

• Personal Information: We do not require you to create an account or provide personal information to use our app. However, when you upload your bank statements or financial documents, the data within those documents may be considered personal information.

How We Use Your Information

• Analysis and Recommendations: Your uploaded bank statements are used solely for the purpose of providing tailored financial advice through our AI chatbot. We analyze the data to offer insights and suggestions to help you reach your financial goals.
• Personal Information: We implement advanced security measures, including restricted access, to safeguard your data against unauthorized access or manipulation.

Data Security

We take your data security seriously. All data uploaded to our app is encrypted and protected using industry-standard security practices. We do not access, store, or share your data beyond what is necessary to provide the services you request.

Data Retention

Uploaded bank statements are processed and analyzed in real-time and are not stored on our servers. Once the analysis is complete, the data is immediately deleted to ensure your privacy.

Sharing of Information

We do not share, sell, or trade your personal or financial information with third parties. Your data is used solely for the purpose of providing financial advice through our app.

Your Rights

You have the right to:

• Access: Request access to the data we process about you.
• Deletion: Request the deletion of your data after processing.
• Security: Expect your data to be handled securely and in compliance with applicable laws.

Changes to This Privacy Policy

We may update this Privacy Policy from time to time. Any changes will be reflected with a new effective date and will be communicated to you through our app.

Contact Us

If you have any questions or concerns about this Privacy Policy, please feel free to contact Yiyang Xue at yiyangxue.xyy@gmail.com or Mohamed Amine Oulahyane at oulahyanemohamedamine@gmail.com.