Privacy Policy

Last updated: 27 Jan 2026

This Privacy Policy explains how Wealthea (“Wealthea”, “we”, “us”, or “our”) collects, uses, stores, and shares personal data when you use the Wealthea mobile application and website (together, the “Service”).

Wealthea is designed to help users understand their financial position, including accounts, assets, liabilities, net worth and related insights. We do not hold customer money, execute transactions, or provide regulated financial advice.

By using the Service, you agree to the collection and use of information in accordance with this Privacy Policy.

1. Interpretation and Definitions

Definitions

  • Account – a user account created to access the Service.
  • Application – the Wealthea mobile application.
  • Company – Social Logic Ltd, City Island Way, London, E14 0TL.
  • Device – any device capable of accessing the Service (e.g. phone, tablet, computer).
  • Personal Data – any information relating to an identified or identifiable individual.
  • Financial Data – user-provided information about financial accounts, balances, assets, liabilities, goals, and related metadata.
  • Service – the Application and the Website.
  • Service Providers – third parties who process data on our behalf (e.g. hosting, analytics, email).
  • Usage Data – data collected automatically when using the Service.
  • Website – https://www.wealthea.app
  • You / User – the individual using the Service.

2. The Data We Collect

2.1 Personal Data You Provide

We may collect:

  • Email address
  • Account login credentials (encrypted / hashed where applicable)
  • Preferences and settings
  • Communications you send to us

2.2 Financial Data (User-Provided)

You may choose to provide:

  • Account names and types
  • Balances and balance history
  • Assets (e.g. cash, investments, property values)
  • Liabilities (e.g. loans, credit cards)
  • Goals, targets, and dates
  • Notes and categorisations

Important:

  • All financial data is provided by you manually or via user-initiated connections.
  • Wealthea does not initiate transactions, move money, or act on your behalf.

2.3 Usage and Technical Data

Collected automatically:

  • IP address
  • Device type, OS, app version
  • Pages/screens viewed
  • Feature usage and timestamps
  • Crash and performance logs

3. How We Use Your Data (Lawful Bases)

Under UK GDPR, we process data on the following bases:

3.1 To Provide the Service (Contract)

  • Create and manage your account
  • Display your financial information
  • Calculate net worth, trends, and insights
  • Send reminders and service notifications

3.2 Legitimate Interests

  • Improve product functionality and UX
  • Understand feature usage and engagement
  • Detect fraud or misuse
  • Ensure platform security and reliability

3.3 Consent (Where Required)

  • Marketing emails
  • Push notifications not essential to the Service
  • Participation in beta features or research

You may withdraw consent at any time.

3.4 Legal Obligations

  • Compliance with applicable laws
  • Responding to lawful requests from authorities

4. Cashback, Affiliates, and Third-Party Links

Wealthea currently does not, but may in the future present cashback offers, affiliate links, or partner services based on user context.

  • Clicking an offer may redirect you to a third-party site.
  • We may receive a referral or affiliate fee if you engage with those offers.
  • We do not control third-party privacy practices.
  • No financial decisions are executed by Wealthea.

Please review third-party privacy policies before engaging.

5. Cookies and Tracking Technologies

We use cookies and similar technologies to:

  • Authenticate sessions
  • Remember preferences
  • Measure usage and performance

Types of cookies:

  • Essential cookies – required for the Service to function
  • Functional cookies – remember user settings
  • Analytics cookies – help us improve the Service by analysing crash & performance data

You can manage cookie preferences via your browser or device settings.

6. Data Retention

We retain Personal Data only as long as necessary:

  • While your account is active
  • To comply with legal obligations
  • To resolve disputes or enforce agreements

Usage data is typically retained for a shorter period unless required for security or legal reasons.

You may request deletion at any time (see Section 9).

7. Data Transfers and Storage

Your data may be processed in the UK and other jurisdictions where our Service Providers operate.

We ensure appropriate safeguards are in place, including:

  • Encryption
  • Access controls
  • Contractual protections with providers

8. Data Sharing

We may share data:

  • With Service Providers (hosting, analytics, email)
  • With partners where you explicitly engage
  • In connection with business transactions (e.g. acquisition)
  • Where legally required

We do not sell personal data.

9. Your Rights (UK GDPR)

You have the right to:

  • Access your data
  • Correct inaccurate data
  • Delete your data
  • Restrict or object to processing
  • Data portability
  • Withdraw consent

You can:

  • Manage data in-app
  • Contact us to exercise rights

Email: hi@wealthea.app

10. Security

We use commercially reasonable measures to protect your data, including:

  • Encryption at rest and in transit
  • Role-based access controls
  • Secure infrastructure providers

No system is 100% secure, but we take protection seriously.

11. Children’s Privacy

Wealthea is not intended for users under 18.

We do not knowingly collect data from children. If we discover such data, we will delete it.

12. Links to Other Websites

Our Service may contain links to third-party sites.
We are not responsible for their privacy practices.

13. Changes to This Policy

We may update this Privacy Policy periodically.
We will notify users of material changes via:

  • In-app notice
  • Email (where appropriate)

14. Contact Us

If you have questions about this Privacy Policy or your data:

📧 hi@wealthea.app