1. Introduction
Welcome to Vera ("we," "our," or "us"). We are committed to protecting your personal information and your right to privacy. This Privacy Policy explains how your data is handled when you use our mobile application.
Key Principle: Vera is designed with a "Local First" philosophy. Your financial data stays on your device.
2. Information We Collect
We collect information in the following ways:
- Financial Data: When you log expenses, income, and account balances, this data is stored locally on your device using encrypted storage. We do not have access to this information.
- Preferences: Settings like currency, theme (dark/light mode), and budget targets are also stored locally.
- Device Information: We may collect basic device information (model, OS version) to ensure compatibility and improve app performance.
3. How Your Data is Used
Your data is used solely to provide the core functionality of the app:
- Calculating your net worth and spending insights.
- Generating monthly summaries and budget alerts.
- Syncing data between your devices (only if you explicitly enable cloud sync features).
4. Data Storage and Security
Security is our top priority. Since Vera stores data locally:
- Encryption: We use industry-standard encryption protocols (AES-256) to protect your local database.
- Cloud Sync: If you use our optional sync feature, your data is securely transmitted and stored in the cloud.
- No Third-Party Access: We do not sell, rent, or share your financial data with third parties.
5. Your Rights
You have full control over your data:
- Access: You can view all your data within the app at any time.
- Export: You can export your data to CSV or Excel formats for your own records.
- Deletion: You can delete all your data permanently through the "Danger Zone" in the settings menu.
6. Changes to This 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.
7. Contact Us
If you have any questions about this Privacy Policy, please contact us at:
support@vera.delorand.com