Last Updated: Oct. 28, 2024

Cents (“we,” “our,” or “the App”) is committed to protecting your privacy and handling your data responsibly. This Privacy Policy describes the types of information we collect, how we use it, and your rights regarding your data.

To help you track and manage your finances, Cents collects the following types of data:

• Account Information: Information about your account, including your name, email address, and hashed password.
• Transaction Data: Details about individual transactions entered by you.
• Account Display Names: Non-personally identifiable names for credit cards and bank accounts, as provided by you.
• Equity and Investments: Information about your equity holdings, entered by you.
• Budgeting Goal: Data on your financial goals for budgeting purposes.

Cents does not take action on your behalf, such as making transactions or managing accounts directly.

The data collected in Cents is used solely to provide the following services:

• Personal Financial Insights: Displaying an overview of your financial status, including calculations for monthly spending and transaction categorization.
• Reporting: Generating monthly reports to help you analyze spending habits.

Data is only used within the App to support these features and is never shared with third parties.

All user data is stored securely on our proprietary servers, which use encryption at rest to protect against unauthorized access. Although Cents may generate internal statistics to improve App performance and usability, these insights are aggregated and anonymized, ensuring that no data can be traced back to an individual user.

In compliance with GDPR, Cents provides the following rights and options to users:

• Data Download: You may download your complete dataset in a JSON format.
• Permanent Deletion: You can delete your account and all associated data at any time. This action is irreversible, and all data will be permanently removed.

As a Germany-based application, Cents is committed to GDPR compliance. This includes safeguarding your data privacy rights and ensuring that your information is securely managed.

We may update this Privacy Policy periodically to reflect changes in our practices or regulatory requirements. We will notify you of any material changes to this Policy, and your continued use of Cents after such updates constitutes acceptance of the modified terms.

If you have any questions or concerns about this Privacy Policy, please contact us at [email protected].