We take security and privacy seriously. Your financial information is protected with bank-level encryption and industry-leading security practices.
Multiple layers of security keep your information safe
All your data is encrypted with AES-256 encryption, the same standard used by banks and financial institutions worldwide.
We use Plaid, a trusted leader in financial technology, to securely connect your bank accounts.
Our infrastructure is hosted on enterprise-grade cloud platforms with industry-leading security.
Your account is protected with industry-standard authentication and password security.
We believe your data belongs to you. We never sell or share your personal information.
We follow industry best practices and comply with relevant data protection regulations.
What we promise to you
Your financial information is yours and yours alone. We will never sell, rent, or share your personal data with advertisers or third parties for marketing purposes.
This is our core principle and it will never change.
All your financial data belongs to you. You can export it at any time in standard formats (CSV, JSON) and delete your account whenever you want.
No lock-in, no hidden fees, complete control.
We're transparent about what data we collect, how we use it, and who has access to it. Our privacy policy is written in plain English, not legalese.
No hidden clauses or confusing terms.
You have the right to delete your account and all associated data at any time. We'll permanently remove your information from our systems within 30 days.
Complete data deletion, no backups retained.
We only collect what's necessary to provide our service
Plaid is one of the most trusted names in financial technology, used by over 11,000 financial apps including Venmo, Robinhood, Acorns, and Chime. They use bank-level 256-bit encryption and are SOC 2 Type II certified.
When you connect your bank through Plaid, your credentials are encrypted and sent directly to your bank. Budgety never sees or stores your banking username or password.
No. Budgety only has read-only access to your bank accounts through Plaid. We can see your transactions and balances, but we cannot initiate transfers, withdrawals, or any other transactions.
The only way money moves is when you manually send payments through Venmo or PayPal for split expenses (Pro plan), and those payments are completely controlled by you.
While we employ industry-leading security measures to prevent breaches, we have a comprehensive incident response plan in place:
We also maintain cyber insurance to protect both our users and our business.
In household accounts (Pro plan), all members can see shared expenses and balances. However:
No. We do not use your personal financial data to train AI models or for any purpose other than providing you with the Budgety service. Your transaction data, account information, and personal details remain private.
We may use anonymized, aggregated data for product improvements (e.g., "users who budget for groceries save 15% more"), but this data cannot be traced back to individual users.
Here are some best practices:
We meet or exceed industry security standards
European data protection standards
Industry security standards
Bank-level encryption
Third-party security testing
Start managing your finances with confidence, knowing your data is protected.
Questions about security? We're here to help.