Introduction
This Privacy Policy describes how WealthCast ("we," "our," or "us") collects, uses, and protects your personal information when you use our mobile application and services.
Information We Collect
We collect the following types of information:
- Account Information: Email address, password, and profile data you provide during registration
- Financial Data: Bank account information, transaction data, investment holdings, and real estate properties (obtained through secure third-party services like Plaid)
- Usage Data: How you interact with our app, features used, and performance analytics
- Device Information: Device type, operating system, unique device identifiers, and mobile network information
- AI Usage Data: AI feature requests, prompts, and usage frequency for rate limiting and service improvement
- Subscription Data: Payment information (processed by Apple/Google), subscription tier, status, and billing history
- Analytics Data: App usage patterns, feature interactions, screen views, and error reports via Firebase Analytics
- Crash Reports: Error logs and device information via Firebase Crashlytics to improve app stability
How We Use Your Information
We use your information to:
- Provide and maintain our financial tracking services
- Connect to your financial institutions securely through Plaid
- Calculate and display your net worth and financial metrics
- Generate personalized AI-powered financial insights using your financial data
- Process subscription payments and manage billing through RevenueCat
- Track app usage and performance to improve user experience (Firebase Analytics)
- Monitor app crashes and errors to maintain service quality (Firebase Crashlytics)
- Enforce usage limits on AI features to ensure fair access
- Send you important service updates and notifications
- Improve our app functionality and user experience
- Ensure security and prevent fraud
Information Sharing
We do not sell your personal information. We may share your information only in these limited circumstances:
- Third-Party Services: With Plaid (banking data) and RentCast (real estate valuations) to provide app functionality
- Legal Requirements: When required by law or to protect our rights and safety
- Service Providers: With trusted vendors who help us operate our services (under strict confidentiality agreements)
Data Security
We implement industry-standard security measures to protect your information, including encryption, secure data transmission, and restricted access controls. However, no method of transmission over the internet is 100% secure.
Data Retention
We retain your information as long as your account is active or as needed to provide services. You can delete your account at any time, after which we will delete or anonymize your personal information within 30 days.
AI and Machine Learning
We use OpenAI's GPT models to provide AI-powered financial insights:
- Data Sent to OpenAI: Your financial profile data, scenario parameters, and projection results may be sent to OpenAI to generate personalized insights
- Data Retention: OpenAI does not store your data beyond the immediate API request (per OpenAI's data usage policy)
- API Key Security: All AI requests are authenticated and encrypted
- Usage Limits: AI feature usage is tracked to prevent abuse (50 daily, 1,000 monthly requests per user)
- Opt-Out: Premium users can choose not to use AI features; they are optional
Analytics and Tracking
We use Firebase Analytics to understand how users interact with our app:
- Events Tracked: Account creation, feature usage, scenario interactions, subscription events
- User Properties: Subscription tier, account count, days since signup, feature adoption
- User Control: You can disable analytics collection in Settings → Privacy & Data
- Purpose: To improve app features, identify bugs, and understand user needs
- Data Sharing: Analytics data is aggregated and anonymized; individual user data is not sold or shared
Your Rights
You have the right to:
- Access and review your personal information
- Update or correct your information
- Delete your account and associated data
- Opt out of non-essential communications
- Request a copy of your data in a portable format
Third-Party Services
Our app integrates with the following third-party services:
Each service processes data according to their own privacy policies, which we encourage you to review.
Children's Privacy
WealthCast is not intended for use by children under 18. We do not knowingly collect personal information from children under 18. If we become aware of such collection, we will delete the information promptly.
Changes to This Policy
We may update this Privacy Policy periodically. We will notify you of significant changes through the app or via email. Your continued use of WealthCast after changes indicates acceptance of the updated policy.
Contact Us
If you have questions about this Privacy Policy or our data practices, please contact us at: support@wealthcastapp.com
🔒 Your privacy and data security are our top priorities. We are committed to protecting your financial information.