Privacy Policy
Effective Date: 31st August 2024
1. Introduction
Welcome to Trezo. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application Trezo. Please read this Privacy Policy carefully. By using the App, you agree to the collection and use of information in accordance with this policy.
2. Information We Collect
2.1 SMS Data:
We collect financial SMS messages on your device using background services.
These messages may include details related to your expenses, transactions, bank alerts, or investments.
2.2 Device Information
We may collect device information such as OS version, app version, device type, and language preferences for analytics and diagnostics.
How We Use Your Information
A. Processing and Analytics
Your SMS data is sent securely from your device to our backend servers which we fully control.
Our backend processes the SMS data to extract financial insights.
B. Purpose
The primary use of this data is to provide AI-powered financial insights, such as spending trends, summaries, or recommendations, to help users make better money decisions.
Data Handling and Security
Storage: Your data is stored securely
Access: Data is only accessible to systems and authorized personnel required to provide and improve our services.
3. How We Use Your Information
We use the collected SMS data to:
Categorize Spending: Analyze and categorize your spend data for insights and reports.
Improve Services: Enhance the functionality and accuracy of the App.
Communicate with You: Send notifications or updates related to your spend analysis.
4. Data Security
We take reasonable measures to protect your information from unauthorized access, disclosure, or destruction. However, no method of transmission over the internet or electronic storage is 100% secure, and we cannot guarantee absolute security.
5. Data Sharing and Disclosure
We do not sell, trade, or otherwise transfer your SMS data to third parties. We may disclose your information:
To Comply with Legal Obligations: If required by law or in response to valid requests by public authorities.
For Business Transfers: In connection with a merger, acquisition, or sale of assets.