Privacy Policy

Effective Date: 3/4/2026

Last Updated: 3/4/2026

Monifyx AI ("we," "our," "us") provides an AI-powered personal finance platform that helps users analyze spending, view insights, and manage budgets. This Privacy Policy explains how we collect, use, store, share, and protect your information.

By using Monifyx AI, you agree to this Privacy Policy.

1. Information We Collect

1.1 Personal Information

  • Name
  • Email address
  • Authentication ID (from Firebase)
  • Communication preferences

1.2 Financial Information (via Plaid)

When you connect a financial account, Plaid provides us with:

  • Account balances
  • Account names and types
  • Transaction history
  • Recurring payments and subscriptions
  • Merchant names, amounts, dates

We never receive or store your bank login credentials.

Plaid securely handles authentication. Learn more at Plaid Privacy Policy

1.3 Payment Information (via Stripe)

Stripe processes all payments. We receive:

  • Subscription status
  • Payment intent status
  • Last 4 digits of card (Stripe tokenized)
  • Billing history (non-sensitive)

We never store full credit card numbers.

1.4 Automatically Collected Information

  • Device information
  • IP address
  • Usage logs (app events, errors)
  • Browser type
  • Referring domain

1.5 AI-Generated Content

When you use AI features, we process:

  • Your input prompts
  • Summaries or insights generated by AI models

2. How We Use Your Information

2.1 To Provide and Improve Our Services

  • Categorizing transactions
  • Detecting subscriptions
  • Generating insights and forecasts
  • Offering budgeting tools
  • Delivering AI-based financial summaries

2.2 For Payments

  • Managing subscriptions via Stripe

2.3 For Security

  • Prevent fraud
  • Detect unauthorized access

2.4 For Communication

  • Account updates
  • Service announcements
  • Optional marketing emails

3. How We Share Your Information

We may share information with:

3.1 Plaid

For account aggregation and transaction retrieval

Governed by the Plaid Privacy Policy

3.2 Stripe

For subscription billing and payment processing

Governed by the Stripe Privacy Policy

3.3 OpenAI or similar AI providers

To generate insights and summaries:

  • Transaction descriptions
  • Spending category summaries
  • Message content needed for analysis

We never share bank account numbers, routing numbers, or passwords.

3.4 Service Providers

  • Firebase (database, compute)
  • Analytics tools
  • Error tracking tools

3.5 Legal Requirements

We may disclose information where required by law.

4. Your Rights

You may request:

  • Access to your data
  • Correction of inaccurate data
  • Deletion of your data
  • Disconnection from Plaid
  • Cancellation of your subscription

5. Data Retention

We retain data as long as your account is active.

Upon deletion:

  • All personal data is removed from Firestore
  • Financial connection tokens are revoked from Plaid
  • Billing relationship is terminated in Stripe

6. Security

We use:

  • HTTPS encryption
  • Access control rules in Firebase
  • Encrypted data storage
  • Secure APIs for Plaid and Stripe

No system is 100% secure, but we follow industry best practices.

7. Children's Privacy

Monifyx AI is not intended for individuals under 18.

We do not knowingly collect data from minors.

8. Policy Changes

We may update this policy. Changes will be posted with a revised date.