Privacy Policy

Introduction

Woolet ("we", "our", or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our personal finance management application and related services.

By using Woolet, you agree to the collection and use of information in accordance with this policy. If you do not agree with our policies and practices, please do not use our services.

Woolet is fully open source. You can review the code at github.com/almatkai/woolet .

Information We Collect

Information You Provide

• Account information (email address, name) when you register through Clerk authentication
• Financial data you manually enter (bank accounts, transactions, debts, subscriptions, investments)
• Preferences and settings you configure within the app
• Communications you send to us (support requests, feedback)

Automatically Collected Information

We collect this information anonymously to make our service as comfortable, efficient, and user-friendly as possible.

• Device information (device type, operating system) — we use this for performance and behavioral analysis; since we don't own or test on every existing device and browser, this helps us ensure compatibility and stability
• Usage data (features used, actions taken within the app) — this helps us with A/B testing and understanding user interaction, allowing us to remove unused features and develop new ones
• Log data (access times, pages viewed, app performance)

How We Use Your Information

We use the information we collect to:

• Provide, maintain, and improve our services
• Process your financial data and display analytics
• Provide AI-powered financial insights (if you use this feature) — we process this by sending only raw, anonymized data to LLM providers; no identifying user information is ever included
• Send you service-related notifications
• Respond to your comments, questions, and support requests
• Monitor and analyze usage patterns to improve user experience
• Detect, prevent, and address technical issues and security threats

Data Storage and Security

Your data security is important to us. We implement appropriate technical and organizational measures to protect your personal information:

• All data is encrypted in transit using TLS/SSL
• Data is stored in secure cloud infrastructure
• Authentication is handled by Clerk, a trusted identity platform
• We do not store your passwords - authentication is managed by Clerk
• Regular security audits and monitoring

While we strive to use commercially acceptable means to protect your personal information, no method of transmission over the Internet or electronic storage is 100% secure.

Data Sharing and Disclosure

We do not sell, trade, or rent your personal information to third parties. We may share your information only in the following circumstances:

• Service Providers: We may share data with trusted third-party services that help us operate our platform (e.g., Clerk for authentication, cloud hosting providers)
• AI Features: If you use AI-powered features, requests are sent without any identifying user information and are processed anonymously to generate insights
• Legal Requirements: We may disclose information if required by law or to protect our rights, safety, or property
• Business Transfers: In the event of a merger, acquisition, or sale of assets, your information may be transferred

The developer is not focused on taking or sharing your information with third parties. Our goal is to keep your data private and minimize any data sharing.

Your Rights and Choices

You have the following rights regarding your data:

• Access: Request a copy of the personal data we hold about you
• Correction: Request correction of inaccurate personal data
• Deletion: Request deletion of your account and associated data
• Data Export: Export your data in a portable format
• Opt-out: Opt out of certain data processing activities

To exercise these rights, please contact us at the email address provided below.

Cookies and Tracking

Woolet uses essential cookies for authentication and session management. We may use analytics tools to understand how users interact with our application, helping us improve our services. These analytics are aggregated and do not personally identify you.

Children's Privacy

Our services are not intended for individuals under the age of 13. We do not knowingly collect personal information from children under 13. If you become aware that a child has provided us with personal information, please contact us so we can take appropriate action.

International Data Transfers

Your information may be transferred to and maintained on servers located outside of your state, province, country, or other governmental jurisdiction where data protection laws may differ. By using our services, you consent to such transfers.

Changes to This Policy

We may update this 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. You are advised to review this Privacy Policy periodically for any changes.

Contact Us

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