Your Privacy Matters

Privacy Policy

Last updated: January 8, 2025

Introduction

At Monemalist (“we,” “our,” or “us”), we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our financial management application.

We believe in complete transparency about our data practices. Our core principle is simple: Your data belongs to you. We don't sell it, we don't share it with advertisers, and we don't use it for anything other than providing you with our services.

Information We Collect

Personal Information

  • Email address (for authentication and notifications)
  • Name (optional, for personalization)
  • Profile picture (optional)
  • Payment information (processed securely through third-party payment processors)

Financial Data

  • Transaction records (income, expenses, transfers)
  • Wallet/account information
  • Budget and financial goals
  • Invoice and contact information
  • Categories and tags you create

Usage Information

  • Log data (IP address, browser type, operating system)
  • Device information (for PWA functionality)
  • App usage patterns (to improve user experience)
  • Preferences and settings

How We Use Your Information

We use your information solely to provide and improve our services:

  • To authenticate your account and provide secure access
  • To process and categorize your financial transactions
  • To generate reports and insights about your finances
  • To send important notifications about your account
  • To provide customer support
  • To improve our application and develop new features
  • To comply with legal obligations

Data Security

We implement industry-standard security measures to protect your data:

  • Encryption: All data is encrypted in transit (TLS/SSL) and at rest
  • Authentication: Secure authentication with magic links and optional 2FA
  • Infrastructure: Hosted on Cloudflare's secure edge network
  • Access Control: Strict access controls and regular security audits
  • Data Isolation: Your data is isolated from other users
  • Regular Backups: Automated backups to prevent data loss

Data Sharing and Third Parties

We do not sell, trade, or rent your personal information to third parties.

We may share your information only in these limited circumstances:

  • Service Providers: With trusted third-party services that help us operate our application (e.g., email service, payment processors)
  • Legal Requirements: If required by law or to protect our rights and safety
  • Business Transfers: In the event of a merger or acquisition (with prior notice)
  • With Your Consent: When you explicitly authorize us to share information

Your Rights and Choices

You have complete control over your personal information:

  • Access: Request a copy of all your data
  • Correction: Update or correct your information
  • Deletion: Delete your account and all associated data
  • Export: Export your data in standard formats (CSV, JSON)
  • Opt-out: Unsubscribe from marketing communications
  • Restriction: Limit how we process your data

Data Retention

We retain your information only as long as necessary to provide our services:

  • Active account data is retained while your account is active
  • Deleted accounts are permanently removed within 30 days
  • Backups are retained for up to 90 days
  • Anonymized analytics data may be retained indefinitely

Children's Privacy

Our service is not directed to individuals under the age of 18. We do not knowingly collect personal information from children. If you become aware that a child has provided us with personal information, please contact us immediately.

International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. These countries may have data protection laws different from your country. We ensure appropriate safeguards are in place to protect your information in accordance with this Privacy Policy.

Cookies and Tracking

We use minimal cookies necessary for authentication and functionality:

  • Essential Cookies: Required for authentication and security
  • Preference Cookies: Remember your settings (theme, language)
  • Analytics Cookies: Help us understand usage patterns (anonymized)

Advertising and Third-Party Services

To keep our services free, we display advertisements on our public tool pages and landing page:

  • Ad Networks: We partner with reputable ad networks like Google AdSense
  • Ad-Free Experience: Logged-in users do not see advertisements
  • Contextual Ads: Ads are based on page content, not personal data
  • No Personal Data Sharing: We do not share your financial data with advertisers
  • Ad Preferences: You can control ad personalization through your browser settings
  • Third-Party Cookies: Ad networks may use cookies for ad serving

If you prefer not to see ads, you can create an account and sign in for an ad-free experience on all our tools.

Updates to This Policy

We may update this Privacy Policy from time to time. We will notify you of any material changes by:

  • Posting the new Privacy Policy on this page
  • Updating the “Last updated” date
  • Sending you an email notification for significant changes

Contact Us

If you have questions about this Privacy Policy or our data practices, please contact us:

Email: privacy@monemalist.com
Support: support@monemalist.com
Response Time: Within 48 hours

Regional Privacy Rights

European Union (GDPR)

If you are in the European Economic Area, you have additional rights under the General Data Protection Regulation (GDPR), including the right to data portability and the right to lodge a complaint with your local supervisory authority.

California (CCPA)

California residents have additional rights under the California Consumer Privacy Act (CCPA), including the right to know what personal information is collected and the right to opt-out of the sale of personal information (which we do not do).