Privacy policy analysis for personal finance and budgeting applications
Budgeting apps access your most sensitive financial data—bank credentials, transaction history, income, and spending patterns. Most rely on third-party aggregators like Plaid, creating additional data-sharing relationships. Free apps monetize through advertising and product recommendations based on your finances. Even paid apps may share aggregated data or use your information for analytics. Understanding how your complete financial picture is collected, stored, and potentially shared is critical.
Manual entry option avoids aggregator sharing. Still collects extensive financial data through bank sync.
Intuit ecosystem shares data extensively. Free model monetizes through financial product targeting.
Small company with iOS focus. Leverages Apple privacy features but still uses Plaid for sync.
Advisor sharing exposes data to third parties. VC-backed with uncertain future data practices.