Privacy Policy

Welcome to FinnDot by Anomapro ("we," "our," or "us"). This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our financial health assistant platform. Please read this privacy policy carefully. If you do not agree with the terms of this privacy policy, please do not access the application.

1. Information We Collect

1.1 Personal Information

We may collect personal information that you provide directly to us, including:

• Contact Information: Your name, email address, phone number, and postal address
• Account Information: Registration details, username, password, and other authentication information
• Profile Information: Age, gender, occupation, employment status, and other demographic information

1.2 Financial Information

With your explicit consent and permission, we collect financial information through your SMS alerts, including:

• Transaction Data: Income credits, salary payments, wallet top-ups, and other financial transactions detected in SMS messages
• Expense Data: Spending patterns, payment histories, and EMI deductions
• Cash Flow Information: Inflow and outflow patterns, savings trends, and financial behavior data
• Credit Information: Loan EMI details, credit card payments, and repayment histories

Important: We only access SMS messages that you explicitly consent to share with us. We do not access or store your full SMS messages. We only extract relevant financial transaction data from messages you choose to share.

1.3 Usage Information

When you use our service, we may automatically collect certain information about your device and usage patterns:

• Device information (device type, operating system, browser type)
• IP address and location data
• App usage data and interactions
• Login dates and times
• Features accessed and frequency of use

1.4 Cookies and Tracking Technologies

We use cookies, web beacons, and similar technologies to enhance your experience, analyze usage patterns, and improve our services. You can control cookie preferences through your browser settings.

2. How We Use Your Information

We use the information we collect to:

2.1 Core Services

• Build Your Financial Profile: Create a real-time profile of your income, expenses, EMIs, and cash flow based on your consented SMS data
• Generate Risk Scores: Assess your creditworthiness and financial health using advanced algorithms
• Provide Recommendations: Suggest personalized loans, investment opportunities, and savings strategies tailored to your financial situation
• Financial Insights: Offer analysis of your spending patterns, income trends, and financial habits

2.2 Service Improvement

• Maintain and improve our platform functionality
• Develop new features and services
• Analyze user behavior to enhance user experience
• Conduct research and analytics for product development

2.3 Communication

• Respond to your inquiries and provide customer support
• Send important service updates and notifications
• Provide educational content and financial tips
• Send promotional materials (with your consent)

2.4 Legal and Security

• Comply with legal obligations and regulatory requirements
• Detect and prevent fraud, abuse, and security threats
• Enforce our Terms of Service
• Protect our rights and the rights of our users

3. Information Sharing and Disclosure

3.1 With Your Consent

We may share your information with third parties when you give us explicit consent to do so, such as:

• Financial Partners: Banks, NBFCs, and other financial institutions for pre-approved loan offers and investment opportunities
• Service Providers: Companies that help us operate our platform (hosting, analytics, payment processing)

3.2 Financial Products

When you express interest in a financial product (loan, investment, or savings plan) through our platform, we share relevant financial profile information with partner institutions to facilitate your application process.

3.3 Required by Law

We may disclose your information if required by law, court order, or governmental authority, including to:

• Respond to legal requests and comply with judicial proceedings
• Enforce our Terms of Service and policies
• Protect against legal liability
• Comply with government regulations and requests

3.4 Business Transfers

In the event of a merger, acquisition, or sale of assets, your information may be transferred to the acquiring entity. We will notify you of such transfers.

4. Data Security

We implement industry-standard security measures to protect your personal and financial information:

• Encryption: All data is encrypted in transit using SSL/TLS protocols and at rest using advanced encryption algorithms
• Access Controls: Strict access controls ensure that only authorized personnel can access your data
• Secure Storage: Your data is stored in secure, compliant data centers with 24/7 monitoring
• Regular Audits: We conduct regular security audits and vulnerability assessments
• Data Minimization: We only collect and retain data necessary for providing our services
• No Full SMS Storage: We do not store complete SMS messages; we only extract and store relevant financial transaction data

However, no method of transmission over the Internet or electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your information, we cannot guarantee absolute security.

5. Your Rights and Choices

As a user of FinnDot, you have certain rights regarding your personal information:

5.1 Access and Portability

• Access the personal and financial data we hold about you
• Request a copy of your data in a machine-readable format
• Review your financial profile and insights

5.2 Correction and Deletion

• Correct inaccurate or incomplete information
• Request deletion of your account and associated data
• Update your profile information

5.3 Consent Management

• Withdraw consent for SMS data access at any time
• Control which financial institutions can access your profile
• Opt out of marketing communications
• Manage data sharing preferences

5.4 Data Portability

• Export your financial profile and transaction data
• Transfer your data to other services

To exercise these rights, please contact us using the contact information provided at the end of this policy.

6. Data Retention

We retain your information for as long as necessary to:

• Provide our services to you
• Comply with legal obligations
• Resolve disputes and enforce our agreements
• Maintain accurate financial profiles for service continuity

When you delete your account, we will:

• Delete your personal information within 30 days (unless legal requirements mandate longer retention)
• Anonymize financial transaction data used for analytics
• Remove your data from active systems
• Retain certain information as required by law or for legitimate business purposes

7. Children's Privacy

Our services are not intended for users under the age of 18. We do not knowingly collect personal information from children. If you believe we have collected information from a child, please contact us immediately, and we will take steps to delete such information.

8. Third-Party Links and Services

Our platform may contain links to third-party websites, services, or financial institutions. We are not responsible for the privacy practices of these third parties. When you click on links to third-party sites, we encourage you to read their privacy policies.

9. International Data Transfers

Your information may be processed and stored in servers located in India or other countries. By using our services, you consent to the transfer of your data to these locations. We ensure appropriate safeguards are in place to protect your information in accordance with this Privacy Policy.

10. Compliance with Indian Laws

FinnDot by Anomapro operates in compliance with relevant Indian data protection laws and regulations, including:

• The Digital Personal Data Protection Act, 2023 (when applicable)
• The Information Technology Act, 2000 and related rules
• Reserve Bank of India (RBI) regulations for financial data
• Other applicable financial sector regulations

11. Updates to This Privacy Policy

We may update this Privacy Policy from time to time to reflect changes in our practices or legal requirements. When we make changes, we will:

• Update the "Last Updated" date at the top of this policy
• Notify you through email or in-app notifications for significant changes
• Provide prominent notice of changes on our website

Your continued use of our services after policy changes constitutes acceptance of the updated policy.

12. Grievance Redressal

If you have any grievances or concerns regarding your personal data or this Privacy Policy, you can contact our Grievance Officer:

We will make all reasonable efforts to respond to your queries within 30 days.

13. Consent

By using FinnDot's services, you consent to the collection, use, and disclosure of your information as described in this Privacy Policy. If you do not agree with this policy, please refrain from using our services.